Collateral Operations Analyst

ZipRecruiter; England; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global investment bank in Chester is looking for a Collateral Operations Analyst to join their Margin Management team. The role involves performing daily margin call processes, handling cash settlements, and liaising with clients and internal stakeholders. Candidates should have experience in margin operations and a solid understanding of Prime Brokerage. This is a full-time position requiring 4-5 days on-site work, with an initial 3-month contract that may extend.

Benefits

Competitive day rate

Qualifications

• Experience in margin operations required.
• Solid understanding of Prime Brokerage and ETDs.
• Ability to manage multiple priorities.

Responsibilities

• Perform daily margin call processes.
• Liaise with clients and internal stakeholders.
• Monitor margin requirements and escalate risks.

Skills

Prior experience in collateral or margin operations

Excellent communication skills

Strong attention to detail

Ability to work effectively under pressure

Familiarity with industry regulations

Job description

Overview

Collateral Operations Analyst – Margin Management

Location: Chester (4–5 days on-site)

Contract: 3 months (likely extension possible)

Start Date: ASAP

Are you an experienced Collateral Operations professional with a background in margin management for Prime Brokerage or Futures & Options?

We’re working with a leading global investment bank seeking a Collateral Operations Analyst to join their high-performing Margin Management team in Chester. This is a hands-on role supporting critical daily margin processes, client interactions, and risk mitigation efforts.

Responsibilities

• Perform daily margin call processes, ensuring timely agreement and settlement
• Liaise directly with clients and internal stakeholders (Risk, Legal, Credit, Sales & Trading)
• Investigate and resolve client queries related to margin, interest, and collateral movements
• Monitor margin requirements and escalate risks where necessary
• Handle cash and non-cash collateral settlements, reconciliations, and FX coordination
• Support internal reporting, KPI tracking, and ad hoc project initiatives
• Participate in operational efficiency efforts and upcoming regulatory readiness work (e.g. UMR)

Qualifications

• Prior experience in collateral or margin operations within a banking or financial institution
• Solid understanding of margining for Prime Brokerage and/or Exchange-Traded Derivatives (ETDs)
• Excellent communication skills and confidence liaising with internal and external stakeholders
• Strong attention to detail, problem-solving ability, and risk awareness
• Able to work effectively under pressure and manage multiple priorities
• Familiarity with industry regulations and operational risk frameworks is a plus

Additional Information

• Full-time role based in Chester, with 4–5 days per week in-office required
• Initial 3-month contract, with potential for extension
• Competitive day rate (inside IR35 / via umbrella)

If you’re available immediately or on short notice and have the relevant margin and collateral ops experience, we’d love to hear from you.

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