Derivates Operations Collateral Analyst

Pension Corporation; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is looking for a Derivatives Operations Analyst to enhance their collateral management processes. In this role, you will oversee daily collateral management activities, ensuring optimal portfolio management and resolving disputes. Your collaboration with investment teams will drive improvements in systems and processes. This role requires a proactive approach to risk management and strong organizational skills. If you have a background in banking or asset management and are eager to make a significant impact, this opportunity is perfect for you.

Benefits

28 days annual leave

Pension

Private Medical Insurance

Life Assurance

Income Protection

Save As You Earn (SAYE)

Qualifications

• Experience in banking, asset management, insurance, or hedge funds.
• Strong understanding of derivatives and collateral management.

Responsibilities

• Manage daily collateral activities and oversee outsourced management.
• Collaborate with investment teams and manage post-trade activities.

Skills

Collateral Management

Derivatives Knowledge

Organizational Skills

Communication Skills

Influencing Skills

Tools

Tri Optima

Deco

Apex

Aladdin

Job description

We have a great opportunity for a Derivatives Operations Analyst responsible for daily collateral management activities as well as oversight of outsourced collateral management activities. You will collaborate with PIC’s Investments and Finance teams to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate.

Responsibilities

• Daily collateral management together with oversight of outsourced collateral management activities including reconciliation and resolving of failed settlements.
• Work with counterparties and reference CSAs and valuation sources to assist in the resolution of collateral disputes.
• Oversee that posted collateral portfolio is consistently optimal and initiate substitutions in the event it is sub-optimal.
• Involvement in change initiatives; specifically, around design and documentation of new collateral processes.
• Provide support to PIC’s Investment Team (Markets Solutions) dealing desk, managing post-trade activities as well as change requests to support new business requirements.
• Perform daily liquidity management processes, ensuring accurate and timely information is available for Portfolio Managers.
• Effectively collaborate with the team, outsourced service providers and the Investment, Finance and Origination teams.

You must have experience of working closely with Investment teams within a corporate or consulting environment, the majority in banking, asset management, insurance, or hedge fund.

Technical Requirements

• Good technical knowledge of derivatives, collateral management and optimisation.
• Experience using collateral management tools such as Tri Optima, Deco & Apex.
• Experience with the Aladdin platform, ideally.
• Familiar with derivatives regulation, including EMIR, SFTR and Solvency II.
• Familiar with derivatives documentation, including ISDAs, CSAs, CDEAs, GMSLAs, GMRAs.

Personal Requirements

• Experience of delivering change and projects.
• Strong organisational and communication skills.
• Ability to persuade and influence both directly and indirectly.
• Ability to organise work to meet deadlines.
• Commercial judgement.
• Proactive approach to risk management.

Benefits

• 28 days’ annual leave plus bank holidays.
• Pension.
• Insurance for Travel, Private Medical, Critical Illness, Life Assurance and Income Protection.
• Save As You Earn (SAYE).

And more.....