Collateral Management Expert
1 week ago
Collateral Management Expert
mthree is seeking a skilled Collateral Management Expert to join a vast technology change project at a major investment bank. The successful candidate will play a crucial role in ensuring collateral management processes comply with regulatory requirements and support risk management frameworks.
Key Responsibilities:
- Regulatory Compliance: Ensure compliance with variation margin and initial margin requirements for uncleared OTC derivatives.
- Central Clearing: Oversee the clearing of OTC derivatives through central counterparties (CCPs) to mitigate counterparty risk.
- Trade Reporting: Manage the reporting of trades to trade repositories to enhance market transparency.
- Collateral Management: Implement and maintain robust collateral management practices, including eligibility criteria and haircuts.
- Basel III Compliance: Ensure adherence to Basel III capital charges related to collateralized exposures.
- Governance and Operations: Develop and enforce governance frameworks and operational practices for effective collateral management.
Requirements:
- Bachelor's degree in Finance, Business, or a related field.
- Proven experience as a Business Analyst in the financial services industry.
- Excellent documentation skills including functional specifications and BRDs.
- Strong understanding of collateral management regulations and practices.
- Excellent analytical and problem-solving skills.
- Proficiency in data analysis and reporting tools.
- Strong communication and interpersonal skills.
Preferred Skills:
- Experience with OTC Derivatives /central clearing and trade repositories.
- Knowledge of Basel III regulations.
- Familiarity with governance frameworks and operational best practices.
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