Collateral Analyst

1 week ago


London, United Kingdom eFinancialCareers Full time

LGIM is looking for a Collateral Margin Analyst to undertake all aspects of the Collateral margining process to ensure counterparty risk is effectively managed.The role will involve liaising with various internal and external stakeholders covering OTCbi-lateral/Repo/OTC Cleared/ETD and Portfolio Reconciliations work streams.

**What you'll be doing**
- Mitigating LGIM exposure risk through the daily collateral margin process across OTC bilateral, OTC Cleared, Repo and ETD.
- Actively managing margin calls with counterparts and either formally agreeing or disputing in line with agreement timescales and the internal LGIM escalation procedure.
- Booking cash and stock collateral movements within Lombard Colline ensuring instructions are issued to the market in time to meet settlement deadlines.
- Managing settlement fails for both cash and stock collateral movements by communicating with counterparts to achieve settlement in a timely manner.
- Agreeing interest payments on cash positions with counterparts, ensuring these are posted within Colline and internal accounting systems to ensure timely settlement.
- Reviewing TriResolve Trade and Collateral breaks
- Establishing strong relationships and work in conjunction with Investment Operations, Custodians, Brokers and Counterparts.
- Contributing to developing the cross-regionally relationship between London and Chicago offices.

**What we're looking for**
- Strong understanding of:

- Key Collateral operational processes e.g. settlements/reconciliation/margin workflow
- OTC Derivatives / Repo products
- Legal, Credit and Operational risks associated with Collateral
- ISDA CSA (NY & English Law) and the 2001 ISDA Margin Provisions
- GMRA Margin Provisions
- Ability to work to strict deadlines
- Proactive approach to work with a focus on improving processes and key controls
- Good written and verbal communication skills
- Team player who is flexible in their approach to work
- Previous use of Vermeg Colline/TLM/Quasar/Swift Alliance/TriResolve/Acadiasoft MarginSphere desirable



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