Collateral Operations Associate — OTC Derivatives

Jefferies; Jersey City (NJ); On-site; USD 90,000 - 100,000; Full time

Job summary

Jefferies in Jersey City is seeking a Collateral Associate to manage daily collateral operations for OTC swaps, repos, and TBA transactions. You will ensure timely collateral calls, confirm anticipated demands, and handle transfers and portfolio reconciliations in a fast-paced environment.

The role requires strong interpersonal skills, a customer-service mindset, and familiarity with collateral tools such as Smartstream TLM Collateral, AcadiaSoft, TriOptima triResolve, and Broadridge.

Qualifications

• Understanding of Collateral Management Operations and its application to CFTC/SEC bilateral Non-Cleared Swap transactions.
• Experience with OTC Swaps and TBA-Covered Agency transactions.
• Excellence in service delivery to internal and external customers.

Responsibilities

• Daily processing of OTC Swap, Repo and TBA Collateral Call issuance.
• Confirming and processing Anticipated Demands for Counterparty Collateral.
• Initiate collateral transfer payments and receipts for Liquidity Management.
• Process month-end Collateral Interest.
• Portfolio reconciliation.

Skills

Collateral management

Policy compliance

ISDA standards

Interpersonal skills

Customer service

Team player

Tools

Smartstream TLM Collateral

AcadiaSoft

TriOptima triResolve

Broadridge

Job description

Jefferies in Jersey City is seeking a Collateral Associate to manage daily collateral operations for OTC swaps, repos, and TBA transactions. You will ensure timely collateral calls, confirm anticipated demands, and handle transfers and portfolio reconciliations in a fast-paced environment.

The role requires strong interpersonal skills, a customer-service mindset, and familiarity with collateral tools such as Smartstream TLM Collateral, AcadiaSoft, TriOptima triResolve, and Broadridge.