Who we are looking for:

We are looking for a candidate with deep experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties. Should have knowledge in the end to end functions including Onboarding activities ideally.

Why this role is important to us:

Collateral management main focus is to reduce credit risk by exchanging eligible cash or securities between counterparties. The daily calculations are based on MTM of the underlying trades and results in sending Margin Calls, which in turn lead to agreeing transfers. Based on the agreements between our clients and the counterparties the Collateral team in India ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed. The critical onboarding process is particularly important.

What you will be responsible for: As Officer you will:

End to End Margin call processing  - Process daily margin calls daily for all agreed clients, who will include banks and fund clients and both cash and security margin calls.Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalationsFails investigation - Checking the cash non-receipt reports and the custody settlement system (MCH) and initiating correspondence with the clientReporting - Generate a variety of reports, which includes client and internal reporting from an access database and Protocol.Portfolio reconciliations - Completing any daily or ad hoc manual portfolio reconciliations.Interest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.Ensure that the team meets accuracy and timeliness criteria.Carry out responsibilities fairly and impartially; create and maintain an engaged work environment.Assist in developing and implementing new workflow approaches and methods as well as system enhancementsCollaborate with internal and external groups to identify, analyze and proactively resolve issuesBe the key point of contact for internal/external clients in a most agile mannerProvide inputs into hire, discipline, control work and terminate employment for direct reports and broader team as neededProvide inputs to promote, increase salary and bonus for direct reports and broader team as neededProvide coaching and development opportunities to staffManage Performance Priorities and development plansEnsure SOPs/Job Aides/regulations are met and escalate as neededComprehensive and demonstrated knowledge of overall process and operating model. Understand how Onboarding impacts OPS deliverables and plan to create an error free environment.Identify all risk issues, breaches and suspicious transactions and acts in accordance with the 'risk' escalation chain and operating proceduresExecute on the risk framework changes and/or escalation chain changes. Ensure all Key controls are identified, implemented and adhered toPerform related duties as assigned (Projects - India and Global)Provide back and coverage as required across EMEA/NA shift

What we value:

These skills will help you succeed in this role:Communicates effectively and accurately in English - experience in facing clientsStrong leadership, management, and organizational skillsAbility to work under pressure and to tight deadlinesAbility to work on own initiative and proactiveVery good management skillsSelf- motivated, flexible, personableGood interpersonal skills and an understanding of the rudimentary aspects of the global financial industry and also to Collateral Management would be advantageous

Education & Preferred Qualifications:

Graduate and above preferably in FinanceB.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce

Additional requirements:

Experience on Colline platform is a mustKnowledge on Macros, SQL & MS Access Database queries

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