OTC Margin & Collateral Specialist

NBMBAA; Charlotte (NC); On-site; USD 90,000 - 120,000; Full time

Job summary

Bank of America is seeking an experienced professional to support the US OTC Margin Management function, providing managerial and control oversight of day-to-day margin call processes for the Americas. The role requires knowledge of non-cleared OTC collateral operations and middle office support to ensure timely and accurate settlement.

You will issue margin calls, handle client inquiries, coordinate cross‑team risk and regulatory communications, produce metrics for senior management, and drive

Qualifications

• 2-5 years of experience in Financial markets across Fixed Income and Derivative products.
• 2-5 years of experience in Financial markets documentation (ISDA CSA, GMRA, MRA, etc.)
• 2-5 years of experience in Data mining and analysis skills; proficient in Tableau and Microsoft Excel
• Strong communication skills
• Ability to meet deadlines and work autonomously
• Ability to handle high pressure situations
• Ability to juggle multiple tasks
• Organizational skills with emphasis on the ability to prioritize responsibilities
• Track record of working in detail oriented roles
• Proficient in Excel and PowerPoint

Responsibilities

• Support margin call issuance and associated cash and security settlement workflow
• Managing client inquiries, meetings, operating issues as they arise
• Managing operating escalations as needed
• Managing stakeholder engagement involving Audit and Regulatory related matters associated with the collateral function
• Supporting internal communications such as: Providing updates to relevant Operations, Risk and Business partners
• Ensuring key team members are engaged in remediation of critical operating control issues
• Metrics and Control reporting
• Coordinate and provide updates/commentary for monthly risk metrics to senior management
• Supporting exception management with regard to systems reconciliation and margin-call settlements as well and representing exception remediation status to senior manager
• Identify areas for improvement on client metrics or business metrics
• Business as usual managerial support and back-up

Skills

Attention to Detail

Written Communications

Data Collection and Entry

Oral Communications

Record Keeping

Recording/Organizing Information

Strategic Thinking

Active Listening

Decision Making

Negotiation

Tools

Tableau

Microsoft Excel

PowerPoint

Job description

Bank of America is seeking an experienced professional to support the US OTC Margin Management function, providing managerial and control oversight of day-to-day margin call processes for the Americas. The role requires knowledge of non-cleared OTC collateral operations and middle office support to ensure timely and accurate settlement.

You will issue margin calls, handle client inquiries, coordinate cross‑team risk and regulatory communications, produce metrics for senior management, and drive