Collateral Operations Associate: Margin, Settlements & Controls

U.S. Bank; Charlotte (NC); Sur place; USD 76 000 - 89 000; Plein temps

Avantages offerts par ce poste

Healthcare (medical, dental, vision)

401(k) and employer‑funded retirement

Paid vacation

Up to 11 paid holiday opportunities

Sick and Safe Leave

Adoption assistance

Résumé du poste

U.S. Bank seeks a Collateral Management Operations Associate to support daily margin and collateral processes for the broker-dealer.

This hands-on role emphasizes accuracy in a time-sensitive environment, exception investigation, and building new collateral management capabilities as the business grows. You will process margin calls, monitor positions, perform reconciliations, research breaks, and ensure data quality and audit accountability while collaborating across Operations, Front Office,

Qualifications

• Associate's degree or equivalent work experience.
• At least 3 years of experience in securities operations or collateral/margin operations.
• Strong attention to detail and ability to work in time-sensitive environments.

Responsabilités

• Process daily margin calls and collateral movements in accordance with governing agreements, procedures, cutoffs, and internal controls.
• Monitor collateral positions, eligibility, substitutions, settlements, and exceptions across assigned counterparties and products.
• Perform daily reconciliations and investigate differences between internal systems, counterparties, custodians, clearing banks, and other relevant records.
• Research margin disputes and breaks, maintain clear supporting documentation, and elevate unresolved or material issues promptly.
• Monitor collateral settlement status and work withSettlements, counterparties, custodians, and clearing banks to resolve fails and discrepancies.
• Validate transaction and static data inputs used in the collateral process and escalate potential data-quality issues.
• Maintain complete audit trails, checklists, evidence, and procedure adherence for assigned activities.
• Support management reporting and metrics, including call volumes, disputes, aging, fails, exceptions, and control results.
• Participate in UAT, process design, automation, platform implementation, and new-business readiness activities.
• Cross-train across team responsibilities and provide coverage during peak volumes, absences, and business launches.
• Identify recurring issues and propose practical process or control improvements.

Connaissances

Attention to detail

Analytical ability

Excel

Data analysis

Communication

Cross‑functional collaboration

Formation

Associate’s degree

Outils

Workflow automation tools

Data reconciliation platforms

Description du poste

U.S. Bank seeks a Collateral Management Operations Associate to support daily margin and collateral processes for the broker-dealer.

This hands-on role emphasizes accuracy in a time-sensitive environment, exception investigation, and building new collateral management capabilities as the business grows. You will process margin calls, monitor positions, perform reconciliations, research breaks, and ensure data quality and audit accountability while collaborating across Operations, Front Office,