Collateral Management Associate

Scot Lewis Associates; Greater London; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

Scot Lewis Associates is seeking a Collateral Management Associate to join our London team on a 12-month basis with a high likelihood of extension. The role is hybrid—3 days in the London office and 2 days work-from-home.

You will be part of a senior London-based team, interfacing with clients across equity prime, FX prime, OTC and REPO, and working with a global service network. Strong operational risk and client management experience is essential.

Qualifications

• Excellent knowledge of OTC derivative products, Equities, FX and Bonds.
• Good understanding of ISDA CSA and other margin related documentation.
• Working knowledge / experience in a PB environment.

Responsibilities

• Support Equity Prime, FX Prime, OTC and REPO clients with collateral management.
• Ensure accuracy and integrity of margin calls and risk controls.
• Escalate disputes and default situations promptly through reporting lines.
• Develop relationships with other support functions and Front Office teams.
• Expedite resolution of disputes, investigate haircuts and MTM differences.
• Produce monthly MI using internal systems and basic Excel.
• Review client queries and respond in a timely manner.
• Maintain procedures and controls to manage operational and counterparty credit risk.

Skills

OTC derivatives

Equities

FX

Bonds

Job description

Working with a global banking client to secure the services of a Collateral Management Associate to join the London based team. The duration will be initially 12 months with the likelihood of an extension. Hybrid role based 3 days a week in the London offices and 2 WFH

The scope of the existing Collateral Service group has expanded globally into an enterprise model encompassing all aspects of collateral. The Collateral team is responsible for direct interaction with clients in regard to the issuance, receipt and settlement of all margin related activity for OTC derivatives, REPO and Prime Brokerage, while maintaining a high standard of client service at all times. The candidate will work within a senior team of 5 in London, in partnership with a wider team located in our Global Service Centres. The candidate should have strong Operational risk and client management experience.

• Accountable for the support of Equity Prime clients, FX Prime clients, OTC and REPO clients
• Responsible for the accuracy and integrity of margin calls, interaction with internal stakeholders, ensuring credit and market risk is effectively mitigated, whilst providing a maximum level of client service.
• Escalate all disputes & default situations through the appropriate reporting lines
• Develop key relationships with other support functions as well as Front Office teams across the bank.
• Expedite resolution of all disputes with counterparts, investigating haircuts and MTM differences in an efficient manner.
• Produce monthly MI using internal systems and basic excel.
• Review client queries and respond in a timely manner.
• Ensure procedures are maintained and appropriate controls are followed to eliminate operational and counterparty credit risk

Attending client reviews and meetings as required

Skills

Excellent knowledge of OTC derivative products, Equities, FX and Bonds.

Good understanding of ISDA CSA and other margin related documentation

Working knowledge / experience in a PB environment.