Associate – Collateral and Client reporting management Middle Office

Credit Agricole Corporate And Investment Bank; Hong Kong; On-site; HKD 480,000 - 720,000; Full time

Job summary

Credit Agricole Corporate and Investment Bank in Hong Kong is seeking an Associate in the Capital Markets Middle Office focusing on Collateral and MTM client reporting management. You will work within a team of about 40 staff across six sub-teams and support the Global Markets business.

Key responsibilities include managing margin calls for OTC derivatives, REPO, and other instruments; handling notifications, confirmations and settlements; performing reconciliations and addressing disputes;

Qualifications

• Experience in collateral and MTM client management.
• Familiar with margin calls, reconciliations and client servicing.
• Ability to coordinate with Front Office, Risk and operations teams.

Responsibilities

• Collateral and MTM client management.
• Manage the Margin calls for OTC Derivatives, REPO, Equity Finance Bilateral and Tri-party
• Notification, confirmation and settlement
• Reconciliation and disputes
• Follow-up on unusual counterparties behaviour and margin call discrepancies
• Contracts setup and liaison with the various teams involved setup in the systems
• Coordinate with Front Office, Risk and other concerned departments to setup client desk and issue Mark-to-Market statements to clients
• Perform daily controls
• Assist the Line manager in supervising the day-to-day activities
• Follow-up on query from clients
• Assist in system enhancement, UAT testing, New product onboarding for
• Handle Audit confirmation for capital market transactions booked in HK
• Participation in the drafting and/or updating of operational procedures
• Manage operational risk with a duty to alert Management.

Skills

Collateral management

MTM reporting

Reconciliation

Operational risk

Client servicing

Audit support

Job description

Associate – Collateral and Client reporting management Middle Office

Capital Market Middle Office team in HK is around 40 staffs and 6 sub-teams:

MO Sales and Client Services: In charge of deals originated by Sales including Trade validation, allocations, MTM reporting and collateral management

MO IRD/ EIS: In charge of Interest Rate and Equity Derivatives

MO FX/MM/ Credit: In charge of Foreign Exchange, Money Market and Credits

MO Post Trade: In charge of the processing activities from FO systems to BO systems

MO Reconciliation: In charge of the various reconciliation (FO-BO; FO-FO,…)

MDA: In charge of Market Data activities
This role is within the Capital Markets Middle Office Collateral and Client reporting teams supporting the Global Markets business.

Key Responsibilities

Collateral and MTM client Management:

Manage the Margin calls for OTC Derivatives, REPO, Equity Finance Bilateral and Tri-party

Notification, confirmation and settlement

Reconciliation and disputes

Follow-up on unusual counterparties behaviour and margin call discrepancies

Contracts setup and liaison with the various teams involved setup in the systems

Co-ordinate with Front Office, Risk and other concerned departments to setup client desk and issue Mark-to-Market statements to clients

Perform daily controls

Assist the Line manager in supervising the day-to-day activities

Follow-up on query from clients

Assist in system enhancement, UAT testing, New product onboarding for

Handle Audit confirmation for capital market transactions booked in HK

Participation in the drafting and/or updating of operational procedures

Manage operational risk with a duty to alert Management.