Job description

Requirements

  • Entry level
  • No Education
  • Salary to negotiate
  • London

Description

TSMO: Collateral Management and PRDRInternational Corporate Bank.

Description


- Assimilate collateral requirements, by counterparty, relating to ISDA CSA and GMRA Agreements.
- Negotiate margin calls with counterparties within the remit of the bank's operating policy.

- Investigate and resolve margin call discrepancies within documented time frames.

- Instruct treasury of cash /funding requirements and co-ordinate settlement of cash transfers and related accounting entries.

- Reconcile and settle monthly interest with respective external counterparties.

- Administer portfolio reconciliations investigating, escalating and resolving disputes

- Support the customer on-boarding process in collateral systems, verifying information back to original credit support documentation.

- Review and maintain desktop procedures relating to day to day processes.

- Assess and on board mandatory regulatory requirements as part of EMIR relating to CCP requirements, collateralisation, portfolio reconciliation and dispute resolution.

- Administer MTM valuation reporting

- Ensure market developments and best practices are rigorously followed and adopted as part of the overall framework


Profile


- Knowledge of ISDA and Credit Support Annex Agreements (CSAs).
- Knowledge of Global Master Repurchase Agreements (GMRAs).
- Knowledge of OTC derivatives transactions.

- Experience of negotiating and settling margin calls.

- Experience of portfolio reconciliations under EMIR.

- Experience of rate resets and fixings.

- Knowledge of COLLINE, ACADIASOFT and TRIOPTIMA

- Knowledge of Microsoft EXCEL and WORD


Job Offer

Competitive package.

  • word