Job Overview
Apply now Collateral Services Associate (Prime Brokerage) This role sits within the client's Collateral Services team, which is responsible for direct interaction with clients with regard to end to end margin related activity for PB and OTC derivatives. The candidate will work within a team of 4 and should have strong client management experience. Key Accountabilities Accountable for the support of Equity & FX Prime clients from a margin and collateral viewpointResponsible for; the accuracy and integrity of margin calls; interaction with internal stakeholders; ensuring credit and market risk is effectively mitigated, whilst providing a maximum level of client service.Escalate all disputes & default situations through the appropriate reporting linesDevelop key relationships with other support functions as well as Front Office teams across the client group.Expedite resolution of all disputes with counterparts, investigating haircuts and MTM differences in an efficient manner.Produce monthly MI using internal systems and basic excel.Review client queries and respond in a timely manner.Ensure procedures are maintained and appropriate controls are followed to eliminate operational and counterparty credit riskAttending client reviews and meetings as required Key requirements Minimum of 5 years' experience in an Investment Banking / Financial Services environment with 3-4 years of experience in PB Collateral marginExcellent knowledge of OTC derivative products, Equities, FX and Bonds.Excellent client service skillsGood understanding of ISDA CSA and other margin related documentationWorking knowledge / experience in a PB environment.Good knowledge of Access and ExcelExcellent problem-solving skillsAbility to work independently and as part of a team to manage multiple tasks in a high-pressure environmentExcellent communication skills, both verbal and written