Margining and Collateral Senior Associate

Macquarie Bank Limited; London; Hybrid; GBP 50,000 - 75,000; Full time

Job summary

A global financial services group seeks a Margining and Collateral Senior Associate in London. The role involves ensuring timely issuance of margin calls, managing disputes, and contributing to collateral optimisation efforts. Candidates should have early experience in collateral operations, strong communication skills, and a proactive mindset.

Qualifications

• Experience in Collateral Operations is preferred.
• Excellent written and oral communication skills are crucial.
• Capable of managing margin call disputes effectively.

Responsibilities

• Responsible for issuing margin calls by required cut-offs daily.
• Handle client reporting and margin call disputes accurately.
• Support collateral optimisation initiatives within the team.

Skills

Collateral Operations

Communication Skills

Motivated

Risk Awareness

Interpersonal Skills

Dispute Management

Payment Processing

Collaboration

Job description

Margining and Collateral Senior Associate

Our Margining and Collateral team within the Market Operations Division is dedicated to managing all aspects of margining for over the counter (OTC), repo, futures, clearing and collateral optimisation. We are a highly skilled team focused on ensuring the efficient and accurate processing of margin calls and collateral management. Our team is growing, and we are expanding our product coverage to support the dynamic needs of our investment bank.

While Macquarie offers hybrid working for many of our roles, this role does require 3 days a week in our advertised location.

At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial services group operating in 31 markets and with 56 years of unbroken profitability. You’ll be part of a friendly and supportive team where everyone - no matter what role - contributes ideas and drives outcomes.

What role will you play?

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In this Senior Associate role, you will be responsible for ensuring margin calls are issued by required cut-offs on a daily basis. You will distribute all client reporting as per set schedules and respond to margin calls received in the group email box accurately and promptly. You will review and investigate margin call disputes, ensure all payments are processed daily according to currency deadlines, and raise portfolio and margin disputes to our credit officers. Additionally, you will support the team’s daily collateral optimisation opportunities and investigate and resolve cash and non-cash collateral breaks. You will also collaborate with senior team members and our sales and trading desks on new initiatives.

What you offer

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• Early experience in Collateral Operations
• Excellent written and oral communication skills
• Highly motivated, proactive, and risk-aware
• Resilient individual with a positive approach to challenging work environments
• Strong interpersonal skills
• Ability to manage and resolve margin call disputes
• Capability to process payments accurately and timely
• Experience in collaborating with sales and trading desks on new initiatives

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

About Corporate Operations Group

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In our Corporate Operations Group, you will work at the heart of Macquarie to deliver for our people, businesses, and their customers. We’re a global, collaborative team with deep expertise in technology, data, digital, market operations, corporate real estate, business resilience, procurement and global security.

Our commitment to diversity, equity and inclusion

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Our commitment to diversity, equity and inclusion

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We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process.
Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.