Margining and Collateral, Senior Associate

Macquarie Bank Limited; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading global financial services company in London is seeking a Senior Associate for their Margining and Collateral team. The role involves managing daily margin calls, ensuring accurate reporting, and resolving disputes. The ideal candidate has strong experience in collateral operations, excellent communication skills, and the ability to work collaboratively in a fast-paced environment. This position offers a hybrid work model with numerous employee benefits.

Benefits

25 days of annual leave

Paid parental and fertility leave

Access to health and life insurance

Employee Assistance Program

Learning and development opportunities

Flexible working arrangements

Qualifications

• Experience in collateral operations is essential.
• Strong communication skills and ability to manage disputes.
• Collaborative approach with senior team members.

Responsibilities

• Issue margin calls daily and manage client reporting.
• Investigate margin call disputes and process payments.
• Collaborate on initiatives with sales and trading desks.

Skills

Previous experience in Collateral Operations

Excellent written and oral communication skills

Highly motivated, proactive, and risk-aware

Resilient individual with a positive approach

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

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 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 role, you will be responsible for ensuring all 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 manage 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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• Previous 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.

What we offer

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What we offer

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At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
• 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• Paid fertility leave for those undergoing or supporting fertility treatment
• 2 days of paid volunteer leave and donation matching
• Access to a wide range of salary sacrificing options
• Benefits and initiatives to support your physical, mental and financial wellbeing including, comprehensive medical and life insurance cover
• Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Access to company funded emergency and backup dependent care services
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

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.