Derivatives Operations Collateral Analyst

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

Job summary

An established industry player is seeking a Derivatives Operations Analyst to lead daily collateral management and enhance systems and processes. In this dynamic role, you will work closely with investment and finance teams, ensuring optimal collateral management while overseeing outsourced activities. Your expertise in derivatives and collateral optimisation will be crucial in resolving disputes and delivering impactful change initiatives. Join a forward-thinking organization that values proactive risk management and offers a supportive environment for professional growth. This role is perfect for those looking to make a significant impact in the financial sector.

Benefits

28 days annual leave plus bank holidays

Pension

Private Medical Insurance

Life Assurance

Income Protection

Travel Insurance

Save As You Earn (SAYE)

Qualifications

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

Responsibilities

• Manage daily collateral activities and oversee outsourced operations.
• Collaborate with investment teams and manage post-trade activities.
• Ensure optimal collateral portfolio and perform liquidity management.

Skills

Collateral Management

Derivatives Knowledge

Organizational Skills

Communication Skills

Project Delivery

Risk Management

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 Skills

• 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.....