Collateral Management - Analyst

JPMorganChase; Selayang Municipal Council; On-site; USD 60,000 - 100,000; Full time

Job summary

Join a dynamic team at a leading financial services firm, where you will play a vital role in collateral management and credit risk mitigation. As an Analyst, you will engage with clients, manage margin calls, and ensure compliance with collateral agreements. This position offers the opportunity to work with a diverse range of products and clients across the APAC region, providing expert consultation and support. If you thrive in a fast-paced environment and have a passion for finance, this role is perfect for you. Be part of a company that values diversity and inclusion while striving for excellence in client service.

Qualifications

• Degree in Finance or Accounting required.
• 3+ years in Banking and Finance preferred.

Responsibilities

• Manage margin calls and ensure compliance with collateral agreements.
• Resolve disputes and maintain client relationships.
• Generate collateral statements and monitor cash settlements.

Skills

Client Communication

Numerical Skills

Process Improvement

OTC Derivative Knowledge

Education

Degree in Finance

Degree in Accounting

Tools

Microsoft Excel

Microsoft Outlook

Microsoft Word

Job description

Job Description

Are you ready to dive into the world of collateral management and credit risk mitigation? At our firm, you'll play a crucial role in client financing and fee-based activities, supporting a diverse range of products like Derivatives, Forex, and Prime Brokerage. Every day, we generate and distribute around 4,000 margin calls, manage call disputes, and ensure accurate regulatory reporting. With collateral balances ranging from $200Bn to $300Bn, your expertise will be vital in maintaining our high standards and delivering exceptional service.

As an Analyst in the Collateral Management Operations team, you will be responsible for engaging with both internal and external clients, resolving relationship issues and significant matters on behalf of the business. You will provide collateral coverage for all APAC-based clients from Malaysia, including those in Japan. Your duties will include issuing, receiving, and monitoring margin calls for OTC Derivatives and Loans, ensuring compliance with collateral agreements. You will manage and escalate collateral disputes to senior management and credit risk teams, record, reconcile, and control cash or securities used as collateral. Managing a portfolio of clients, you will offer consultation and expert advice, and oversee collateral on principal trades facing clearing houses.

Job Responsibilities

1. Focus on clients with sensitive relationships, such as those in Japan and hedge funds.
2. Generate collateral statements and send calls to clients for both standard and non-standard agreements, ensuring timely follow-up.
3. Answer incoming collateral calls from clients and compare them to JP Morgan's exposure.
4. Agree on the amount and type of collateral to be moved.
5. Follow up on any counterparty fails.
6. Reconcile and resolve disputes, especially with large disputes or credit-sensitive customers.
7. Agree on coupons due on securities held as collateral.
8. Complete month-end tasks, including computing and agreeing on interest for any cash collateral held or delivered.
9. Resolve incoming queries regarding a client’s portfolio in a timely manner and escalate issues as needed.
10. Manage margin-related cash and security settlements.

Required Qualifications, Capabilities, And Skills

1. Degree holder in Finance or Accounting.
2. Excellent client communication skills and telephone manner, with a strong ability to build client relationships.
3. Highly numerate with good keyboard and core system (Outlook, Excel, Word) skills.
4. Strategic thinker, able to review and implement process improvements.
5. Working knowledge of OTC Derivative products or similar background.

Preferred Qualifications, Capabilities, And Skills

1. Minimum of 3 years of experience preferred in the Banking and Finance industry.

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals, and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength, and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and value diversity and inclusion. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, gender identity, age, marital or veteran status, pregnancy, disability, or any other protected attribute. We also make reasonable accommodations for religious practices, mental health, or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services, and payments. We serve corporations, governments, and institutions in more than 100 countries. Our services include strategic advice, capital raising, risk management, and liquidity extension in markets worldwide.