Collateral Management Job Description

Collateral Management Job Description

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Collateral management provides international securities and escrow management in support of clients' derivatives exposures in line with their ISDA Agreements.

Collateral Management Duties & Responsibilities

To write an effective collateral management job description, begin by listing detailed duties, responsibilities and expectations. We have included collateral management job description templates that you can modify and use.

Sample responsibilities for this position include:

Help refine and execute the product strategy
Support existing and new client relationships as Product SME
Execute new product enhancements to include improving the functioning of the clearance and tri-party repo product
Analysis of market, clients, prospects
Create a forward looking agenda of clients’ requirements
Analyze new product and service requests from clients and translate their requests into product/service enhancements, ensuring an adequate return on investment
Identify, define, develop and roll-out new products
Develop and manage NBIAs and ensure that business cases are fully vetted and that new initiatives are understood thoroughly from a commercial, strategic, risk, legal, credit, client and operational perspective
Refine and enhance Product Handbooks and Product descriptions
Support development of Product Marketing materials

Collateral Management Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Collateral Management

List any licenses or certifications required by the position: ISAE, MBA, PMI, PMP, PGRM, IOC

Education for Collateral Management

Typically a job would require a certain level of education.

Employers hiring for the collateral management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Economics, Business, Accounting, Management, Education, Graduate, MBA, Engineering, Technical

Skills for Collateral Management

Desired skills for collateral management include:

Software Development Life Cycle
Financial instruments
Derivatives
ISDA/CSA is a bonus
BA
Derivatives operations environment obtained from experience of working in a back
Excel
Microsoft Office
Middle office
Trade support

Desired experience for collateral management includes:

Practical problem solving of issues that are roadblocks to client satisfaction
Ensure that the speed with which issues that cut across functional lines are solved is increased
Ability to focus and conduct business with few errors/misses
Prior experience interacting with multiple functional areas across Sales, Operations, Technology, Legal, Risk and Product
Demonstrated ability to make necessary compromises where appropriate and to facilitate conflict resolution
Partner with Sales & Relationship Management where Product input is required in pitching for new business with new or existing clients

Collateral Management Examples

1

Collateral Management Job Description

Job Description Example
Our growing company is hiring for a collateral management. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for collateral management
  • Project lifecycle management for the implementation of the changes required for the Collateral Management System and downstream systems to ensure compliance with the rules
  • Preparing and/or analyzing key metrics with regards to activity
  • Providing support to the Equity Stock Loan / Financing desks the Repo Rates / Credit desks
  • Work with the cash managers to meet the firm’s short term funding requirement for bank accounts in Asia
  • Support the growth market build out and strategic global project initiatives
  • Support the firm's growing bank account portfolio in the region
  • Support the firm's Realty Management Division in the region
  • Ensure timely and accurate processing of commission or interest coding requests and facilitate client agreement documentation
  • Interact with various Securities Division, Technology, and Operations teams to ensure rates and agreements are properly reflected in GS systems
  • Manage the communication and resolution of exceptions and queries on a daily basis, and be accountable for the timely completion of all monthly processes
Qualifications for collateral management
  • Ability to handle a high-stress, fast-paced environment, and aggressive deadlines with minimum supervision
  • At least 10 years of financial industry experience in Product Management
  • Experience in Securities Clearance and Collateral Management
  • Fast learner, strong memory, quick mind and work style
  • Understand priorities of the key client relationships as relates to the Collateral Management business
  • Influence and engage in initiatives that drive product efficiencies, improve product controls and support the product strategy
2

Collateral Management Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of collateral management. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for collateral management
  • Establish positive relationships with clients and various GS teams including Operations, Securities, and Technology to facilitate proper and timely initiation and updates to rate and agreement documentation
  • Communicate responsively on queries and proactively resolve exceptions on a daily basis from both external clients and internal stakeholders with a client-service oriented mind set and sense of accountability
  • Work collaboratively with our global IEM team presences in Jersey City, Salt Lake City, Dallas, Sao Paolo, London, Bengaluru, Singapore, Hong Kong, and Tokyo
  • Bring a keen eye for improvement opportunities and work closely with Change Delivery and Technology to resolve issues and identify and implement process and system enhancements to increase efficiency and reduce risk
  • Collaborating with the management team to drive the team’s strategy and key objectives and ensuring follow up of achievement versus objectives
  • Provide support in the control process related to cash settlements
  • Actively liaise with business units to ensure timely reconciliation and that error trends are identified with the team and countered through process improvement plans
  • Communicate and escalate issues with both internal and external counterparts, including agent banks
  • Manage intraday requests and approve where collateral excess is adequate
  • The opportunity is for an Operations professional with 10 - 11 years industry experience to join the Bengaluru Liquidity Ops department, as a line manager overseeing the EMEA and Asia liquidity and funding flows
Qualifications for collateral management
  • Experience in the securities services business, and direct experience with the markets in the Americas
  • Series 99 (or an equivalent license, Series 7)
  • Strong knowledge of legal documentation (ISDA/CSA
  • Proven ability to work with complexity
  • Logical and clear in problem solving
  • Japanese language skills is preferred
3

Collateral Management Job Description

Job Description Example
Our company is searching for experienced candidates for the position of collateral management. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for collateral management
  • Candidate must bring relentless focus on execution and enjoy taking ownership for the delivery of measurable results
  • Relevant education such as a Bachelor of Science (BSc)/Master of Science (MSc) or the equivalent work experience or qualifications
  • An excellent communicator in both written and verbal forms
  • Ensuring all margin calls are issued by required cut-offs on a daily basis
  • Responding to all margin calls received in group email box in an accurate and timely manner
  • Managing daily reconciliations and ensuring all breaks are cleared accordingly
  • Ensuring all payments have been processed on a daily basis
  • Ensuring all client reporting has been distributed as per the schedules
  • Reporting to credit on a daily basis any disputes and look for resolution with the business and client
  • OTC investigations
Qualifications for collateral management
  • Influencing and Leadership skills – ability to promote ideas and initiatives that are critical to the success of the organization
  • 3+ years in Client Facing or Product Management
  • Three years banking operations work experience
  • 10 plus years of Collateral experience
  • Listed derivative and cleared OTC product experience
  • Fluency in Japanese is required as this role involves extensive interaction with Japanese colleagues and clients
4

Collateral Management Job Description

Job Description Example
Our company is searching for experienced candidates for the position of collateral management. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for collateral management
  • Strong attention to detail ability to view the bigger picture
  • Ability to handle multiple tasks and prioritise effectively in a fast paced environment
  • A track-record of generating new ideas and re-engineering processes to create more control or efficiency
  • Good understanding of the banking operations, OTC, the financial markets and current regulatory changes
  • Coaching, monitoring, supervision of direct reports to ensure they have the skills and knowledge to perform their role to be compliant with local regulator and external legislation in a professional & ethical manner
  • Responsible for driving the performance review process and conducting appraisals for team members with input from other peers and colleagues as required
  • To implement and communicate policy or procedure changes to team members as directed by Management
  • To manage and control the day to day activities and workflow within the unit, recommending/ implementing approved changes and deploying resources to maximum advantage, in order to ensure optimal staffing levels, customer service and the most cost-effective use of resources
  • Assist with the implementation of new approved working processes or procedures resulting from business optimisation, growth initiatives or project launches
  • Ensure that work is processed efficiently and accurately within the parameters of service level agreements, service standards and performance targets, in order to provide customers with a high quality service
Qualifications for collateral management
  • Operations representation at client service reviews and meetings
  • Recruitment and performance management of staff
  • Stock Lending
  • Securities settlement
  • Bachelor’s degree with at least 3 years of work experience in Operations and Financial Services or related industries
  • Organized and responsive nature with capacity to prioritize and manage multiple complex issues under pressure in a fast-paced environment
5

Collateral Management Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of collateral management. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for collateral management
  • Serving as a senior subject matter expert for medium complex, variable processing providing support as needed in the transference of business requirements associated with enhancement of process and infrastructure
  • Own change management priorities
  • Desire to become a subject matter expert in each of the teams functions
  • Propose process improvements and drive results
  • Ensuring all BAU customer facing functions are correctly resourced, controlled and delivered effectively
  • Managing risk directly and by supervision to ensure that all policies, processes and controls are effectively delivered
  • Woking closely with our primary external stakeholders the trading business and RMG Credit on escalation, risk and change management
  • Coaching, managing and developing the existing EMEA OTC margining team and ensuring a robust structure succession plan are in place
  • Working with the global OTC margining team to deliver a globally standardised, transparent and cost effective business support model
  • Delivering the EMEA impacting elements of the OTC margin rules regulatory change
Qualifications for collateral management
  • Ability to work across a global team efficiently and effectively with confidence and professional maturity
  • Aptitude to learn complex products, systems flows and processes quickly and desire continually develop expertise and think strategically
  • Prior experience with Sungard Futures GMI system
  • Comprehensive understanding of the futures industry
  • Previous collateral management experience
  • Develop/implement and maintain daily, weekly and monthly metrics

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