Collateral & Margin Operations Specialist

SMBC; New York (NY); Hybrid; USD 78,000 - 125,000; Full time

Benefits offered by this job

Hybrid work model

Accommodations for disabilities

Job summary

SMBC Group is seeking a skilled Collateral Management/Ops professional in the New York area. You will manage daily margin calls for bilateral derivatives and ensure regulatory compliance across Dodd-Frank and EMIR frameworks.

Ideal candidates have 3–5 years in banking operations, strong Excel, and a collaborative mindset. Hybrid work is available; salary ranges from $78k to $125k with potential discretionary incentives.

Qualifications

• Bachelor’s degree in a quantitative or finance-related field.
• Experience in Banking & Financial Services, preferably in Collateral/ Liquidity management or Derivatives operations.
• Understanding of derivative trade structure, trade flow and valuations.
• Knowledge of CFTC/EMIR rules and ISDA agreements.

Responsibilities

• Manage issuance and booking of daily margin calls for bilateral derivatives.
• Facilitate margin call disputes, reconciliations, and resolution.
• Reconcile non-cleared derivatives to regulatory requirements (Dodd-Frank/EMIR).
• Review daily MTM/SIMM portfolio differences and escalate as needed.
• Support ad-hoc investigations and process improvement initiatives.
• Assist in monitoring gaps and recommend tech changes.
• Participate in industry initiatives and operational efficiency projects.

Skills

Derivatives operations

Analytical skills

Excel proficiency

Regulatory knowledge

Automation opportunities

Cross-functional collaboration

Problem solving

Education

Bachelor's degree in Mathematics, Finance, Economics, or Business

Tools

TriResolve

Acadiasoft

IMEM

Job description

SMBC Group is seeking a skilled Collateral Management/Ops professional in the New York area. You will manage daily margin calls for bilateral derivatives and ensure regulatory compliance across Dodd-Frank and EMIR frameworks.

Ideal candidates have 3–5 years in banking operations, strong Excel, and a collaborative mindset. Hybrid work is available; salary ranges from $78k to $125k with potential discretionary incentives.