Buy-Side Margin & Collateral Specialist

Testing Site - JPMC; Lower Blandford St Mary; On-site; GBP 42,000 - 62,000; Full time

Job summary

J.P. Morgan Bournemouth-based client services team is seeking a Margin and Collateral Associate to support collateral management for buy-side clients. You will monitor collateral, communicate with clients, and build relationships with internal partners in a controlled environment.

You will handle collateral calls, ensure accuracy, and participate in testing to enhance infrastructure. Strong attention to detail and knowledge of ISDA/GMRA are advantageous.

Qualifications

• External client services experience with senior/internal clients.
• High accuracy and attention to detail; follow procedures.
• Numeracy and proficiency with the Office suite (Outlook, Excel, Word).
• Ability to work in a team and manage busy periods such as month-end.
• Knowledge of OTC derivatives collateral management and ISDA/GMRA documentation.

Responsibilities

• Interact with customers, generating collateral statements and calling clients for standard and non-standard agreements.
• Respond to collateral calls and compare them to JPM's exposure.
• Agree on collateral amounts and types; follow up on counterparty fails.
• Resolve queries regarding client portfolios, escalate issues, and handle disputes.
• Ensure accuracy when processing daily BAU.
• Process coupons on collateral and month-end cash collateral interest.
• Participate in projects and testing to enhance JPM operating infrastructure; occasional weekend testing may be required.
• Maintain knowledge of controls for firm-wide compliance.
• Build networks with key stakeholders.
• Engage Global Partners on change requirements.
• Identify opportunities to improve process quality, control and productivity.

Skills

External client services experience

Strong client communication

Ability to build client relationships

Attention to detail

OTC derivatives collateral knowledge

Teamwork / flexible hours

Tools

Outlook

Excel

Word

Job description

J.P. Morgan Bournemouth-based client services team is seeking a Margin and Collateral Associate to support collateral management for buy-side clients. You will monitor collateral, communicate with clients, and build relationships with internal partners in a controlled environment.

You will handle collateral calls, ensure accuracy, and participate in testing to enhance infrastructure. Strong attention to detail and knowledge of ISDA/GMRA are advantageous.