Collateral Analyst

  • Location: Manhattan, NY, USA
  • Salary: Negotiable
  • Job Type: Full time

Please view Job Description for details.

Collateral Management;
* Daily processing for ISDA and Repo collateral programs
* Processing of daily trade/mark-to-market data from various product controlling sources / transaction systems.
* Data entry
* Counter party reporting
* Execution of margin calls
* Execution of collateral asset movements
* Control of collateral positions and corporate action processing
* General communication with counter parties, Credit/MIRM, Operations, Front Office, Legal and Product Controllers
* Adherence to key processes and control requirement
* Investigate and resolve problems that occur for all collateral programs
* Continuous improvement of daily processing to increase efficiency
* Assist in managing new business requests globally
* Participation in the implementation of strategic projects
* Provide Business Continuity Planning support

Key Roles and Responsibilities

* Daily processing: To expedite the daily processing of margin agreements.
* Control: To report exceptions in the margin call process.
* Margin calls: To make the margin calls in a timely manner.
* Collateral actions: To arrange collateral movements.
* Liaison: To communicate with counterparties and maintain the relationships.
* Add value: To improve the daily processing tasks in order to add value to the team.
Collateral Management;
* Daily processing for ISDA and Repo collateral programs
* Processing of daily trade/mark-to-market data from various product controlling sources / transaction systems.
* Data entry
* Counter party reporting
* Execution of margin calls
* Execution of collateral asset movements
* Control of collateral positions and corporate action processing
* General communication with counter parties, Credit/MIRM, Operations, Front Office, Legal and Product Controllers
* Adherence to key processes and control requirement
* Investigate and resolve problems that occur for all collateral programs
* Continuous improvement of daily processing to increase efficiency
* Assist in managing new business requests globally
* Participation in the implementation of strategic projects
* Provide Business Continuity Planning support

Responsibilities:

* Daily processing: To expedite the daily processing of margin agreements.
* Control: To report exceptions in the margin call process.
* Margin calls: To make the margin calls in a timely manner.
* Collateral actions: To arrange collateral movements.
* Liaison: To communicate with counterparties and maintain the relationships.
* Add value: To improve the daily processing tasks in order to add value to the team.

CONTRIBUTES TO
Contributes to the processing of Collateral Management and any reconciliation issues, and overall effectiveness of the team with a purpose to improve on productivity.

Qualifications and Skills

Knowledge/Skills/Experience
* Proven understanding of the CCP process, involving LCH.
* Exposure/understanding of positioning and Collateral Management.
* Ability to work under own guidance, whilst having to deliver on key risk issues, within given time constraints.
* Ability to identify possible risk
* Excellent written and verbal communication skills, with the ability to liaise with customers in a professional manner.
* Ability to organize workload to meet settlement cut off times.
* Willingness to work long hours where justified, meeting workloads.
* Effective Team player.
* PC literate.
* Ability to put forward constructive feedback on cases and issues.

Systems Knowledge.
* Murex,
* Sentry,
* LCH reports.
* SC Star,
* SSR,
* Outlook,
* Reuters,
* Bloomberg,
* Opics,
COMPLEXITY/JUDGEMENT
Decision Making Authority / Discretions
* Release payments to agreed Delegated Authority level.
* Use judgment to advise customers regarding settlement issues of transaction.
* Act as the Bank's representative on transactional related correspondence.

How To Apply

You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:

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- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 08/22/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

Equal Opportunity Employer

Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation.