Senior Collateral Derivatives Specialist

Finders SA
place
Geneve

3W

Senior Collateral Derivatives Specialist

Client:
A leading Swiss private bank, of international repute, head-quatered in Geneva.   A collegial and dynamic team and a rewarding position on offer for a seasoned collateral management specialist. 
Senior Collateral Derivatives SpecialistClient:
A leading Swiss private bank, of international repute, head-quatered in Geneva.   A collegial and dynamic team and a rewarding position on offer for a seasoned collateral management specialist. 


Senior Collateral Derivatives Specialist
1248

Position:

Within the busy Custody Operations Department, our client is looking for an experienced, dynamic and team-oriented Collateral Expert to join its ETD and OTC Derivatives team. 

You will be responsible for handling all aspects of collateral management involving Exchange-Traded (ETD) and Over-the Counter (OTC) Derivatives products across the various, global booking centres (Switzerland, Europe, Asia and North America).

In more details, but not limited to: 
  • Check and validate the margin calls from our client's clearers and brokers for ETD and OTC derivatives cleared
  • Control margin transactions (initial and variation) carried out in connection with the ETD and OTC positions of the banking group's clients 
  • Manage contacts with counterparties within the framework of monitoring and management of OTC bilateral trades for the bank and clients (collateral mandate)
  • Make payments, deliveries, receipts of collateral in the form of securities and cash
  • Control the collateral distribution for securities lending and REPO transactions
  • Monitor and adequately document disputes and ensure daily reporting to Management and clients
  • Manage and monitor monthly collateral interests
  • Support management in efforts to improve key risk indicators and provide information
  • Play an active role in collateral projects with the Product Owner and the Collateral Team Manager
  • Answering queries from internal and external clients and providing ongoing support

Profile:
  • At least 5 years+ experience within collateral management, with confirmed knowledge of all ETD and OTC derivatives products associated with margining
  • Solid understanding of global regulations related to Collateral Management (i.e. FinFrag, EMIR, MiFid, UMR, SFTR, etc.) and their impact on daily business.
  • Avaloq and Calypso, AcadiaSoft and Tri-Resolve experience a strong plus
  • Excellent understanding of legal documentation as it relates to Collateral Management (i.e. ISDA, CSA, GMRA, GMSLA, etc.)
  • Attention to detail and able to perform duties very accurately as well as able to adhere closely to policies and procedures
  • Excellent communication skills and fluent in written and spoken English as well as French
  • Already a Swiss resident in possession of a valid work permit (no frontalier)