Collateral Analyst - Commodity Trading

JR United Kingdom; London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading trading house in London is seeking a Collateral Analyst to manage OTC collateral and contribute to process improvements. The role involves collaboration with various teams and requires strong analytical skills and experience in collateral management.

Qualifications

• Minimum of 1+ years experience in collateral management, preferably in commodities.
• Strong familiarity with financial systems and analytical tools.

Responsibilities

• Own the day-to-day collateral management process.
• Execute timely margin calls and manage cash movements.
• Prepare and send daily collateral escalation reports.

Skills

Excel

Problem-solving

Communication

Tools

VBA

SQL

Job description

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Collateral Analyst - Commodity Trading, London

Client:

Richard James Recruitment Specialists Ltd

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

4

Posted:

12.05.2025

Expiry Date:

26.06.2025

Job Description:

Our client is a global energy & commodity trading group and one of the most exciting and commercially driven Commodity Trading houses in the industry!

We are seeking a dedicated and results-oriented Collateral Analyst to join our client’s wider Financial Operations team. This is an outstanding opportunity for an individual who takes pride in delivering results and is looking to establish themselves in a leading trading house.

The successful candidate will play a key role by managing the day-to-day OTC collateral with a global clientele while also contributing to projects and process improvements. Products covered in this role include European power & gas, physical oil, financial commodity derivatives, interest rates, and FX. The role involves profound collaboration with other teams, including Settlements, Credit, Trade Finance, and Treasury, offering ample opportunities to get involved in various projects.

Responsibilities:

• Own the day-to-day collateral management process:
• Execute timely margin calls and respond to incoming margin calls.
• Manage cash and LC movements, working closely with Treasury and Trade Finance.
• Anticipate and escalate potential issues to the manager when required.
• Prepare and send daily collateral escalation reports for management and stakeholders.
• Manage the monthly cash collateral interest settlements.
• Host and coordinate internal stakeholder meetings, providing necessary input and insights.

To be successful in this role, you will need to:

• Demonstrate a strong understanding of the risks associated with the collateral process.
• Have a good understanding of CSA terms and conditions, both general and counterparty-specific.
• Foster and maintain strong working relationships with internal stakeholders across Credit, Settlements, Treasury, and Trade Finance teams, ensuring regular and consistent communication.
• Identify process and risk-reduction improvements, recommending and implementing efficiency enhancements.
• Train and support settlements team members to cover collateral responsibilities during periods of absence.
• Possess strong Excel and technical skills (VBA or SQL is an advantage).

Skills and Experience Required:

• Minimum of 1+ years experience in collateral management, preferably in the commodities sector.
• Familiar with collateral flow processes, CSA types and terms, and collateral cover types.
• Strong familiarity with financial systems, advanced Excel skills, and analytical tools.
• Understanding of risk factors associated with collateral processes, with a proactive approach to risk management.
• Ability to work independently and collaboratively.
• Problem-solving skills and a focus on process improvements.
• Excellent communication skills, comfortable interacting with senior management and escalating issues professionally.