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AVP - OTC Margin & Collateral Operations
Job Posted: 8 hours ago
Salary: £ 350 - 378 / Hour
Job Type: Contract
Location: London
Expire in: a month
Job Description
We are seeking a proactive and detail-oriented professional to join our Collateral Operations team as an AVP. This role plays a key part in ensuring business-as-usual (BAU) and daily operational tasks are completed accurately, on time, and to high standards. You'll be responsible for maintaining operational procedures, escalating issues, and supporting continuous improvement initiatives.
Key Responsibilities
Ensure timely and accurate completion of daily tasks including EMIR risk mitigation, collateral margin requirements, and portfolio reconciliations.
Process CSA and GMRA margin calls and monthly interest calculations in line with executed documentation.
Maintain control of portfolio MTMs, liaise with counterparts, and communicate with Treasury to ensure funding is in place.
Administer portfolio reconciliations and resolve disputes in accordance with regulatory requirements.
Support onboarding of EMIR regulatory requirements including CCP, Collateralisation, and Dispute Resolution.
Monitor group inboxes and manage queries efficiently.
Collaborate with internal teams to ensure systems and downstream processes are functioning effectively.
Assist with UAT testing, including creation of test plans and scripts, and escalate issues as needed.
Contribute to the review and improvement of desktop procedures and operational workflows.
About You
Experience in a similar role within financial services or operations.
Familiarity with COLLINE, Acadia Margin Manager, and TriResolve.
Understanding of ISDA documentation, CSA Agreements, and GMRA.
Knowledge of EMIR and related regulatory frameworks.
Comfortable with UAT processes and system testing.
Strong communication skills and ability to build relationships across teams.
Proficient in Excel and capable of handling financial data.
Self-motivated, flexible, and collaborative.
Working Environment
You'll work closely with the DO Section Manager (VP) and collaborate with stakeholders across Compliance, Risk, Legal, Operations, JRIE, and Front Office.
The role involves managing agreements and margin calls across multiple entities including SMBC BI, SMBC (EMEA branches), SMBC Bank EU AG, and NIKKO CM.
No direct reports, but high visibility and impact across teamsBefore You Apply
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