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Senior Collateral Analyst

Pontoon
42 minutes ago
Contract
Birmingham
United Kingdom

Senior Collatoral Analyst

London, Birmingham or Edinburgh/Hybrid

6 months contract

Day rate 400 via Umbrella Company

Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identifies, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

My client powers businesses of all sizes to make, take and manage payments. They are a global leader in financial technology with unique capabilities to power omni-commerce. Whether online, in store or mobile, they are at the heart of great commerce experiences in 146 countries and across 135 currencies. They help our customers become more efficient, more secure and more successful.

They are looking for a Senior Collateral Analyst to join the team on an initial 6 month contract with the potential to extend. You will be working Monday to Friday, 9am to 5pm, hybrid working being office based at one of the above locations a minimum of 2 days a week.

The Team

Collateral Management Operations Team, responsible for the daily, processing, agreement and settlement of margin calls to mitigate the organisations credit risk exposure. On an average day the team will process c. 1,000 margin calls with an average combined monthly settlement value of c 14bn

The Role

  • To provide specialist technical, analytical and transaction management support to key stake holders and business partners
  • Dispute Management, including Regulatory reporting.
  • Ownership of collateral, supporting and coordinating with MO teams involved in the end-to-end collateral journey to ensure seamless delivery for our clients.
  • Act as central point of contact for collateral ensuring queries are dealt with on a timely basis.
  • Identify and deliver Continuous Improvement opportunities to increase efficiency of processes, and reduce risk
  • Trusted partner for counterparties and internal and external stakeholders

Accountabilities:

  • Technical knowledge of the post trade landscape, with comprehensive knowledge of collateral management and settlement activity
  • Responsible for enabling daily exchange of collateral (Cash or Securities) to reduce credit risk associated with Markets Trading activity.
  • Management of collateral disputes process
  • Coordination of collateral activity across internal departments including Onboarding, Risk, Operations and Finance.
  • Analyse issues to identify best solution, driving solution through to completion.
  • Provides advice on designing new processes and systems including supporting new product requests.
  • Support Group audit activity, including balance sheet substantiation.
  • Support and coach colleagues supporting the end to end collateral journey
  • Assist collateral response to Group incidents, including extraction and provision of MI to support wider Group response.
  • Ensure compliance with Group policy, procedures and guidelines, quality standards and all regulatory and statutory requirements.

Key Capabilities/ Knowledge:

  • Comprehensive understanding of collateral management lifecycle ideally gained in a banking environment.
  • In depth understanding of legal agreements underpinning the Collateral product
  • Experience in the use of collatoral systems eg Murex, Colline, Acadia
  • Strong stakeholder management and communication skills.
  • An understanding of market products eg Derivatives, FX, Repo

Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention.