Margins and Collateral Specialist

Hudson River Trading; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

Hudson River Trading is seeking a Margin and Collateral Specialist to join our PostTrade team in New York. The role focuses on accurate margin data management, reconciliation, and automation to support risk and funding decisions across asset classes.

You will work with engineering and business stakeholders to design scalable processes, maintain a centralized data platform, and ensure smooth onboarding of counterparties while keeping documentation up to date.

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 ensuring 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

Cross-functional collaboration

Job description

Hudson River Trading (HRT) is seeking a highly motivated Margin and Collateral Specialist to join our PostTrade team. Our global trading platform supports trading across many asset classes and geographies, and the PostTrade team designs and operates the systems and processes that reconcile the firm’s trading with our various brokers and counterparties. Due to the high volume of trades and complexity of the system, we rely heavily on automation and are looking for candidates who have exceptional attention to detail.

Being a member of the PostTrade team means working as part of a tight-knit, highly productive team. Strategic Initiatives is a growing priority for the team and we're looking for someone who has an entrepreneurial spirit and loves utilizing technology and automation tools to work on a wide scope of operational projects.

About You

• You have an entrepreneurial spirit and a strong aptitude for building clean, scalable systems from the ground up, especially when working with complex data
• You are analytical, detail-oriented, and understand the importance of accurate margin data for managing risk, funding, and capital
• You take ownership of problems and are driven to improve systems through thoughtful, end-to-end solutions
• You thrive in collaborative environments and work 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 ensuring 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 (or local equivalent). The base pay offered may vary depending on multiple individualized factors, including location, job-related knowledge, skills, and experience. This role will also be eligible for discretionary performance-based bonuses and a competitive benefits package.

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization - from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues - whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended.