This is an exciting opportunity to join a fast paced environment. Working closely with the Front Office Stakeholders to ensure the firm manages and utilizes collateral in the most effective way, meeting financial target’s while ensuring regulatory compliance.
As a Collateral Optimization Middle Office Associate in Global Collateral Optimization Middle Office team in Market Operations, you will drive optimization of the firm’s principal collateral requirements in partnership with Front Office, Collateral, Settlements, Product Control, Regulatory Control and Technology counterparts. The overall purpose of the role is to ensure that the firm manages and utilizes Collateral in the most efficient and cost-effective way, meeting our financial targets while ensuring regulatory compliance.
Job responsibilities
- Monitors and analyzes collateral positions, ensuring compliance with regulatory requirements
- Collaborates with various teams to assess collateral need and optimize inventory
- Evaluates collateral usage trends and recommend adjustments
- Interfaces with internal stakeholders to resolve collateral related requirements and issues
- Generates reports and metrics to communicate collateral utilization and performance
- Implements solutions to streamline collateral management processes
- Contributes to the continuous improvement of collateral optimization & management practices
- Trades capture and maintenance with front to back RMS system monitoring
- Manages Cheapest to Deliver (CTD) optimization process for cash and security collateral postings
Required qualifications, capabilities, and skills
- Control focused, with the ability to identify gaps and implement change
- Strong relationship skills
- Ability to execute projects in both an agile and longer term, traditional style
- Excellent analytical, and problem-solving skills as well as understanding complex flows
- Excellent written, verbal and presentation communication skills and ability to leverage a network across the financing and collateral teams
- Ability to work independently in a fast paced dynamic environment
- Able to build relationships and influence others including technology, other lines of business (LOBs) and business partners
Preferred qualifications, capabilities, and skills
- Experience working in global teams
- Experience managing multiple initiatives and deliverables at the same time by being pro-active, action-oriented and results driven with the ability to prioritize in an ever-changing environment with competing priorities
- Ability to make date-driven decisions, understanding and communicating performance and financial data executive audiences
