NatWest Markets Collateral Analyst in Stamford, Connecticut
Stamford, United States
Ref: 69322 Contract: Full-Time Posted: 14/11/17 Closes: 21/11/17
The focus of the Collateral Management Team is to reduce credit risk through the use of collateral. The team currently supports collateral arrangements for FX & derivative products for North American-based clients and is responsible for the margin call process. Daily tasks include:
Issuance of margin calls to ensure the firm’s credit risk is mitigated, as well as agreeing and exchanging interest on pledged and held collateral.
Liaison with internal groups (Credit, Sales, Trading, Middle office, Legal, Front Office, Settlements) to resolve any issues.
Assisting with the new client set up process. Input and maintain Collateral Agreements (new agreements, amendments, etc.) in Algo Collateral without compromising data integrity
Optimising collateral using cheapest to deliver methodology
Liaising with Portfolio Reconciliation teams to manage any disputes.
Resolving Nostro breaks.
Producing MIS reporting to Operations and Credit summarizing the day’s activities including volumes, fails, and outstanding calls.
Supporting and enhance external customer relationships..
Resolving all issues / conflicts in a timely and customer oriented fashion.
Performing a number of control functions, ensuring the integrity of our processes.
Experience – What previous experience is required for the role?
Previous experience working in a team environment.
Work experience or internship in financial services
Understanding of the regulatory environment, Dodd Frank, EMIR and UMR
Previous experience in client facing roles
Previous experience in Financial Services
Knowledge of cash and non-cash settlement processes
Experience on boarding or testing new systems
Familiarity with OTC Derivative products, FX and Prime brokerage
Technical Capabilities – What are the specific skills, knowledge and abilities required for the role?
Excellent communication and interpersonal skills
Ability to multi-task and prioritize
Ability to work under pressure, prioritize and meet deadlines
Proficient in Excel and Powerpoint
- Familiarity with industry platforms such as Algo, Anvil, Calypso, AcadiaSoft, Wall Street
Qualifications – What training or qualifications are required for the role?
Series 99 licensed