Business Analyst (Level II)

TALENT Software Services; Chicago (IL); On-site; USD 85,000 - 125,000; Full time

Job summary

TALENT Software Services seeks an experienced professional to lead collateral management for F&O margin, coordinating with internal and external stakeholders in a fast-paced financial services environment.

The role focuses on monitoring margin requirements, executing collateral substitutions, onboarding new products, and ensuring adherence to policies and regulatory standards, with a strong emphasis on risk management and client support.

Qualifications

• Good understanding of ETD and F&O markets.
• Excellent communication with senior stakeholders across multiple teams.
• Ability to meet deadlines and manage multiple tasks.
• Strong analytical and problem-solving abilities.
• Attention to detail and high-quality output.
• Experience with risk controls and internal audits.

Responsibilities

• Participating and managing project timelines for strategic initiatives.
• Ensuring all Client Margin Calls covered on a daily basis.
• Dealing with Client Trade & settlement queries on daily basis.
• Investigation and resolution of any margin call discrepancies.
• Identify and elevate fails to Credit/Risk Mgmt and Ops Mgmt.
• Requesting / Booking of FX transactions for all client base.
• Dealing with collateral bookings & releases, Pledged & Lodged.
• Responding to client inquiries and coordinating with Front/Middle Office and processing area.

Skills

Financial markets knowledge

Stakeholder management

Communication skills

Deadline driven

Prioritization

Analytical skills

Attention to detail

Education

Finance degree

Job description

• Key escalation point for F&O Margin team and main point of contact for internal and external stakeholders.
• Monitor the firm's collateralisation requirements arising from the trading activities of those counterparties with margin documentation in place.
• Execute collateral substitutions with counterparties
• Preparation/Delivery of Strategic planning for the team
• Responsible for the on boarding of new products
• Responsible for ensuring team adheres to all internal policies, procedures and external regulatory requirements
• Responsible for managing all risk aspects including any internal & external audits.
• Responsible for all Industry Initiatives
• Staff development and appraisal process

Job Description

• Key escalation point for F&O Margin team and main point of contact for internal and external stakeholders.
• Monitor the firm's collateralisation requirements arising from the trading activities of those counterparties with margin documentation in place.
• Execute collateral substitutions with counterparties
• Preparation/Delivery of Strategic planning for the team
• Responsible for the on boarding of new products
• Responsible for ensuring team adheres to all internal policies, procedures and external regulatory requirements
• Responsible for managing all risk aspects including any internal & external audits.
• Responsible for all Industry Initiatives
• Staff development and appraisal process

Responsibilities

• Participating and managing project timelines for strategic initiatives.
• Ensuring all Client Margin Calls covered on a daily basis.
• Dealing with Client Trade & settlement queries on daily basis
• Investigation and resolve of any margin call discrepancies
• Identify and elevate fails in a timely and accurate manner to Credit/Risk Mgmt, Collateral Risk Mgmt and Ops Mgmt.
• Requesting / Booking of FX transactions for all client base
• Dealing with collateral bookings & releases, Pledged & Lodged
• Responding to client inquiries, coordinate with the appropriate Front/Middle Office as well as the core processing area in order to facilitate resolution
• Developing a complete understanding of Bank policies and departmental controls and procedures.

Required

• A good understanding of financial markets (ETD / F&O in particular)
• Confident in facing off to senior stakeholders across the business (including Sales, Trading, Product Control, Credit and Legal).
• Excellent verbal and written communication skills.
• Ability to Meet Deadlines
• Organizational Skills with Special Emphasis on the Ability to Prioritize Responsibilities
• Analytical and strong problem-solving abilities.
• Attention to detail, delivering high quality output.
• Strong controls background with previous experience of implementing and maintaining key business controls.

Essential requirements/experience

• Experience within Financial Services / Banking industry.
• Team experience (>2 Years).

Desirable

• Graduate with a financial degree.
• Will consider experience in Finance, Risk Management and Treasury.
• Familiarity with listed FFO and OTC Derivatives lifecycle Skills / Aptitude.

Other Qualifications

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Excels in working among diverse viewpoints to determine the best path forward.
• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner.
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.