Operations Analyst

Robert Walters UK; Glasgow; On-site; Full time

Job description

Collateral Operations are responsible for managing the credit exposure of OTC derivative and repo transactions across multiple businesses with my client, including Fixed Income and Equity Derivatives. The team is a global group with offices in London, Glasgow, Mumbai, Bangalore, New York, Baltimore, Tokyo, and Hong Kong and has a combined staff of approximately 220+ individuals.

Job Title: Operations Associate
Job Type: 12-month contract
Location: Glasgow
Hourly: £12.35 PAYE + holiday pay

Opportunity Overview: A fantastic opportunity has arisen to temporarily join my client as an RFP Writer. My client is a leading global financial services firm providing a wide range of investment banking, securities, investment management, and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

Role Objective: Collateral Operations are responsible for managing the credit exposure of OTC derivative and repo transactions across multiple businesses with my client, including Fixed Income and Equity Derivatives. There is currently a position available for an individual at the associate level within the Collateral Operations team in Glasgow. The successful candidate will be working in a dynamic and challenging environment, covering the day-to-day collateral dispute management process.

Key Responsibilities:

1. Manage collateral disputes with Institutional/Hedge Fund counterparties, ensuring timely and effective resolution.
2. Conduct reconciliations to identify, analyze, and resolve the root cause of margin disputes.
3. Collaborate with various internal teams (e.g., Sales & Trading, Operations, Risk Management, Legal, and Strats) and external stakeholders to clarify and resolve disputes.
4. Timely resolution of incoming queries from counterparties regarding disputes.
5. Identify cases that require increased attention or pose significant risk, escalating to senior management and other relevant stakeholders to prioritize and resolve promptly.
6. Maintain a clear focus on increasing efficiency, enhancing control, and continuously improving and reducing operational risks.

Requirements:

1. Degree in Finance or a similar related subject.
2. Ability to communicate effectively.
3. Experience with derivatives is ideal but not essential.
4. Candidate should be a self-starter with the ability to work either independently or as part of a team.
5. Stakeholder management experience.

Don’t hesitate and miss this opportunity! Apply Now!

We are committed to offering an inclusive recruitment experience. If you require accommodations because of a disability or health condition, please email: [e-mail]. This position is being sourced through our Outsourcing service line.