Margin and Collateral Specialist

WhiteCap Search; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

WhiteCap Search seeks a highly motivated professional to join our client’s operations team in New York, NY. You will work on a global trading platform with diverse asset classes, focusing on automation and scalable margin data systems.

The role emphasizes entrepreneurial thinking, detailed margin data handling, and collaboration across technical and non-technical teams to drive end-to-end improvements in risk, funding, and capital management.

Qualifications

• 3-5 years of experience in a Collateral, Margin, or Treasury function.
• Strong understanding of margining practices and products (OTC derivatives, futures, cleared swaps).
• Ability to design and optimize tools in close collaboration with engineering teams; SQL and/or Python familiarity is a plus.
• Clear communicator with strong documentation habits and cross-functional collaboration skills.

Responsibilities

• Execute daily collateral functions around margin data management, margin reconciliation, and handling disputes.
• Partner with internal stakeholders to support margin replication, cost of capital analytics, and reconciliation workflows.
• Architect and maintain a centralized margin and collateral data platform for external margin data storage.
• Document and maintain margin mappings and controls.
• Support onboarding of new counterparties and ensure data integration aligns with system architecture.
• Stay informed about evolving margin models and broker reporting practices and help translate them into scalable internal systems.

Skills

SQL

Python

Margin knowledge

Documentation

Cross-functional collaboration

Job description

We are seeking a highly motivated professional to join our client's operations team in the vibrant city of New York, NY. Working with a leading financial services client, you'll be part of a global trading platform that supports trading across numerous asset classes and geographies. This team designs and operates the systems and processes that reconcile the firm's trading with various brokers and counterparties. Given the high volume of trades and complexity of the system, automation is a priority, and candidates with exceptional attention to detail are highly valued.

Being a part of this team means working within a tight-knit, highly productive group. Strategic initiatives are a growing priority, and the team is looking for someone with an entrepreneurial spirit who loves utilizing technology and automation tools to work on a wide scope of operational projects.

Candidate Profile

• Possesses an entrepreneurial spirit and a strong aptitude for building clean, scalable systems from the ground up, especially when working with complex data.
• Analytical, detail-oriented, and understands the importance of accurate margin data for managing risk, funding, and capital.
• Takes ownership of problems and is driven to improve systems through thoughtful, end-to-end solutions.
• Thrives in collaborative environments and works seamlessly across technical and non-technical teams.

Responsibilities

• Execute daily collateral functions around margin data management, margin reconciliation, and handling disputes.
• Partner with internal stakeholders to support margin replication, cost of capital analytics, and reconciliation workflows.
• Architect and maintain a centralized margin and collateral data platform for external margin data storage.
• Document and maintain margin mappings and controls.
• Support onboarding of new counterparties and ensure data integration aligns with system architecture.
• Stay informed about evolving margin models and broker reporting practices and help translate them into scalable internal systems.

Qualifications

• 3-5 years of experience in a Collateral, Margin, or Treasury function.
• Strong understanding of margining practices and products (OTC derivatives, futures, cleared swaps).
• Ability to design and optimize tools in close collaboration with engineering teams; SQL and/or Python familiarity is a plus.
• Clear communicator with strong documentation habits and cross-functional collaboration skills.

The estimated base salary range for this position is 100,000 to 130,000 USD per year.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.