Collateral Analyst

GMO; Boston (MA); On-site; USD 90,000 - 105,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

401(k) plan

Tuition reimbursement

Open paid time off

Job summary

GMO in Boston is seeking a Collateral Analyst responsible for managing collateral processes across OTC derivatives, listed products, and financing transactions. This role demands strong understanding of margin methodologies and legal agreements while collaborating with various teams.

The ideal candidate will have over 5 years of industry experience and expertise in collateral management, regulatory compliance, and analytical skills. The position offers a competitive salary, additional bonuses, and comprehensive benefits including a 401(k) plan and tuition reimbursement.

Qualifications

• 5+ years in industry and 3+ years in collateral management or derivatives operations.
• Strong understanding of variation and initial margin.
• Excellent problem-solving skills and communication.

Responsibilities

• Oversee daily collateral operations across OTC derivatives and financing products.
• Manage collateral relationships and resolve margin disputes.
• Perform reconciliations of collateral balances.

Skills

Collateral management

Margin methodologies

Regulatory compliance

Analytical skills

Communication skills

Tools

Aladdin

MarginSphere

TriResolve

TradeServ

Job description

Position Overview

The Collateral Analyst is responsible for the end-to-end management of collateral processes across OTC derivatives, listed products, and financing transactions. This role requires a strong understanding of margin methodologies, legal agreements, and regulatory requirements, along with the ability to independently manage daily workflows and resolve complex exceptions. The successful candidate will serve as a key contributor within the collateral management function, partnering closely with Investment Teams, Trading, Risk, Legal, and external counterparties to ensure accurate and timely margining, dispute resolution, and collateral movements. This role also plays an important part in strengthening operational controls, improving processes, and supporting system and workflow enhancements across the collateral lifecycle.

Primary Duties And Responsibilities

• Oversee daily collateral operations across OTC derivatives, futures, and financing products, ensuring accurate and timely margin calls, settlements, and reconciliations
• Independently manage collateral relationships with counterparties and custodians, including escalation and resolution of margin disputes
• Perform detailed reconciliations of collateral balances and exposure reports, identifying discrepancies and driving resolution through to completion
• Review, validate, and instruct collateral movements in accordance with ISDA/CSA and other governing agreements
• Maintain and enhance collateral data within internal systems, including legal agreement terms and margin parameters
• Act as a subject matter resource for collateral processes and margin methodologies
• Partner with Investment Teams, Trading, Risk, Legal, and Technology teams to support onboarding and process enhancements
• Ensure timely review and execution of OTC derivative confirmations
• Identify opportunities to improve workflows, increase automation, and strengthen controls
• Support audits, regulatory inquiries, and internal reporting

Desired Skills And Experience

• 5+ years of industry experience with 3+ years in collateral management, derivatives operations, or a related function
• Strong understanding of variation margin (VM), initial margin (IM), and margin methodologies
• Working knowledge of ISDA/CSA, GMRA, and related legal documentation
• Proven ability to independently manage margin processes and resolve disputes
• Experience analyzing and resolving valuation disputes with internal and external stakeholders
• Familiarity with regulatory requirements such as Uncleared Margin Rules
• Strong understanding of investment fund operations, including custody and fund accounting workflows and their impact on NAV
• Working knowledge of coupon/income accruals
• Strong analytical and problem‑solving skills
• Excellent communication skills
• Ability to manage competing priorities in a fast‑paced environment
• Strong ownership mindset with focus on process improvement and efficiency
• Experience contributing to system enhancements or automation initiatives preferred
• Direct experience with Aladdin’s collateral management functionality is required
• Knowledge of systems such as Acadia, MarginSphere, TriResolve, and TradeServ
• Working knowledge of SWIFT messaging

Salary: $90,000 - $105,000 a year. Additional annual bonus possible. Eligible for benefits including medical, dental, life insurance, long‑term disability, a 401(k)/profit‑sharing retirement plan, open paid time off, leaves of absence, dependent care resources, tuition reimbursement, charitable gifts matching, flexible spending accounts, and commuter benefits.

EEO Statement: GMO is committed to the recruitment, employment, and promotion of all candidates equally, regardless of an individual's gender, race, color, national origin, ancestry, age, religion, pregnancy, marital status, sexual orientation, gender identity or expression, military or veteran status, genetic information, physical or mental disability (except where such disability is a bona fide occupational disqualification) or any other classification protected under federal, state or local law.

Visa Sponsorship: This position does not offer visa sponsorship.