Candidate profile details:

• Degree/Certifications Required: Bachelor Degree in a finance related field. CFA/FRN.
• Years of experience: 2 to 3 years
• Reason for request/why opened: backfilling for a leave
• Team Size: 6 people
• Personality Style/Team Culture: Team player, easy to work with.
• Selling Points of Position: Long contract, client exposure, networking, opportunity to work w/ different teams at bank.

Best Vs Average Candidate:

• Working knowledge of derivatives
• Previously collateral mgmt experience.
• Python/Data mgmt would be helpful.
• How will performance be measured: deliverables, managing additional tasks.

Summary of day to day responsibilities:

• An Analyst within Collateral Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk.
• Analysts are responsible managing counterparty credit risk as well as for demonstrating innovation and a proactive approach to risk mitigation by highlighting inefficiencies, risks and implementing improvements.

Must have:

• At least 2 to 3 years of capital market experience or relevant collateral management experience
• Strong communication skills
• Strong analytical skills and attention to detail.
• Leadership skills

Nice To Have:

• Python
• Previous exp w/client interaction
• CFA/FRM

Job Description:

• An Analyst within Collateral Management will primarily be focused on the effective and efficient mitigation of counterparty credit risk.
• Analysts are responsible managing counterparty credit risk as well as for demonstrating innovation and a proactive approach to risk mitigation by highlighting inefficiencies, risks and implementing improvements.
• The role will involve close partnership and interaction with a wide range of areas, including credit, middle office, legal, front office, settlements, and corporate treasury.
• As a result the successful candidate will be required to possess strong communication skills.
• Senior Analysts within Collateral Management are accountable for the following core responsibilities, but are not limited to:
o Daily monitoring of client portfolios, issuing and receiving collateral calls to ensure the firm’s credit risk is mitigated.
o Manage bilateral and centrally cleared OTC derivative exposure. Investigate and document margin disputes.
o Ensure margin tickets are accurately entered into the collateral system
o Extensive interaction with clients.
o Resolution and escalation of collateral issues.
o Support Manager in interaction with internal stakeholders (Technology, Settlements, Credit) and external vendors to manage gaps and process improvements
• In addition to their core responsibilities, Analysts are also expected to:
o Contribute their own ideas to make a difference and add value to the group.
o Ongoing, proactive risk management via staying abreast of risk issues in the capital markets and assessing impacts on our exposures
o Seek opportunities to increase operational efficiency and lower operational risk through process reengineering
o Performing a number of control functions, ensuring the integrity of our processes.
o Establish an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the Bank

Job Requirements:

• At least 2 to 3 years of capital market experience or relevant collateral management experience
• Strong communication skills
• Self-starter with a high degree of initiative and the ability to learn and adapt quickly
• Strong analytical skills and attention to detail.
• Demonstrated leadership skillset

Education and Accreditation:

• An undergraduate or graduate degree in Business, Economics, Mathematics, Finance or another quantitative discipline.
• CFA and/or FRM would be considered an asset