Collateral Management Operations - Lead Analyst

Mitsubishi UFJ Trust and Banking Corporation, New York Branch; New York (NY); On-site; USD 70,000 - 80,000; Full time

Job summary

Mitsubishi UFJ Trust and Banking Corporation, New York Branch is seeking an Operations professional to manage portfolio reconciliation and margin call/settlement activities with counterparties in support of non-centrally cleared derivatives.

You will collaborate with Head Office in Tokyo to process ISDA CSA activities, share daily CM operations, and cross-train with the loan operations team for system upgrades and UAT.

Qualifications

• 2-4 years of relevant experience.
• Knowledge of Collateral Management (Reg IM/Reg VM Margin Call) preferred.
• Knowledge of cash and bond settlements (wire transfers, bond settlement through Custodian).
• Experience with SWIFT MX Payment Messages.

Responsibilities

• Support ISDA CSA margin call/settlement with counterparties; coordinate with Head Office in Tokyo.
• Communicate with OG team and Head Office to execute daily CM operations.
• Cross train with OG Loan operations for system upgrades and UAT support.
• Enhance, repair, and validate payment and loan data for transaction monitoring.
• Investigate and resolve data reconciliation issues and operational breaks.
• Assist with RCSA, policy reviews, and regulatory exam matters.
• Adapt to changing responsibilities and participate in special projects as needed by Management.

Skills

Collateral Mgmt

Cash-bond settlements

SWIFT MX

TriOptima

Xact

Euroclear Easyway

Microsoft Office

Attention to detail

Communication skills

Tools

BNY Access Nexen

JPMorgan Market

TriOptima

Xact

Euroclear Easyway

Job description

This position is responsible for the Operations Group's (OG) portfolio reconciliation and margin call and settlement with counterparties to comply with margin regulations for non-centrally cleared derivatives.

Responsibilities

• Support and collaborate with Head Office in Tokyo to assume processing remaining margin call/negotiation/settlement with counterparty for International Swaps and Derivatives Association (ISDA) Credit Support Annex (CSA).
• Communicate with OG team and Head Office to share, proceed, and complete daily routine Collateral Manager (CM) operations.
• Cross train with the OG Loan operations team for additional support. Support other functions related to system upgrades and new systems related to group as assigned by managers (e.g. UAT).
• Enhance, repair, and validate payment and loan data to ensure transaction monitoring data are captured.
• Investigate and resolve operational issues and breaks in data reconciliations.
• Support the review and timely updates of group policies, procedures and operation manual. Perform Risk Control Self Assessment (RCSA) to ensure transactions and processing operations are in compliance with any applicable regulatory requirements.
• Assist and support the group on audit and regulatory exam matters.
• Based on changes in the business work environment, job responsibilities can change, and additional functions and tasks may be added or removed accordingly. Additionally, this position will perform other duties as required, and participate in special projects as deemed necessary and appropriate by Management.

Skills & Requirements

• Experience: 2-4 years of relevant experience.
• Experience/Knowledge of Collateral Management (Reg IM/Reg VM Margin Call) preferred.
• Knowledge of settlements for cash and bonds (Wire transfers, bond settlement through Custodian)
• Experience/Knowledge of SWIFT MX Payment Messages
• Systems: TriOptima, Xact, Euroclear/Easyway, BNY Access Nexen, JPMorgan Market
• Proficiency in Microsoft Office tools.
• Demonstrated analytical ability and strong attention to detail.
• Excellent written and verbal communication skills.

The typical base pay range for this role is between $70K - $80K depending on job-related knowledge, skills, experience and location. Additionally, our Employee Benefit Program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, 401(k) retirement and savings plan, educational assistance and training programs, paid maternity and parental bonding leave, and paid vacation, sick leave, and holidays.

Mitsubishi UFJ Trust and Banking Corporation, New York Branch ("MUTB-NY") is an Equal Employment Opportunity Employer.

If you are interested in applying, please provide your resume to: [e-mail]