Collateral Management, Associate 2

Who we are looking for:

We are looking for a candidate with experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties.

Should have knowledge in calculations based on MTM and results in sending Margin calls.

The position will contain a basic training to carry out activities by working both remotely from home and from office.

Why this role is important to us:

Collateral management main focus is to reduce credit risk by exchanging eligible cash or securities between counterparties.

The daily calculations are based on MTM of the underlying trades and results in sending Margin Calls, which in turn lead to agreeing transfers.

Based on the agreements between our clients and the counterparties the Collateral team in India ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed..

What you will be responsible for:

As Associate you will:

Complete all assigned tasks accurately and in a timely manner

Answer margin calls and queries from different departments

Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations

Review and document process flows/procedures and contribute in new improvement ideas to further streamline the operational process

Get involved in departmental ad-hoc projects

Ability to take ownership and initiative

Preferred 1-2 years of experience in financial or business services

Get involved in the training and development of other team members

Prepare and review monthly internal and external statistics

Support on-boarding of new processes, clients etc.

Support manager; prepare and plan workload

Reply timely and with professional manner to queries via different communication channels

Coordinate escalations, make sure no queries and tasks as unanswered

What we value:

These skills will help you succeed in this role:

Numeracy skills; attention to details

Accuracy and ability to work with tight deadlines

Very good knowledge of MS Excel and Outlook; Power Point and Word will be an advantage

Understanding of financial markets basics

Good command of English; effective communication