Collateral Management Associate
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Overview
Remote
On-site
Compensation
$75,000-$125,000/year
Job Description
Well established investment banking client is seeking a motivated Collateral Management Analyst to join their Collateral Operations team. In this role, you will oversee the daily processing of collateral and margin activities across bilateral and cleared derivatives portfolios. You will ensure accurate margin calculations, reconciliations, and timely reporting.Key Responsibilities
- Manage daily margin calls and collateral movements for bilateral and cleared derivatives, ensuring timely issuance, booking, and settlement.
- Facilitate and resolve margin call disputes through detailed portfolio reconciliation and communication with counterparties.
- Review and monitor portfolio differences related to mark-to-market (MTM), material & economic terms, and SIMM reconciliations.
- Escalate discrepancies, exceptions, and threshold breaches to appropriate internal and external parties.
- Support client requests relating to CSA collateral management and CFTC daily MTM processes.
- Bachelor's degree in Finance, Economics, Mathematics, Business, or a related field.
- 2+ years of experience in financial services, preferably within collateral management, derivatives operations, or liquidity management.
- Strong understanding of derivatives trade structures, trade lifecycle management, and their impact on daily valuations.
- Experience with collateral management systems such as TriResolve, Acadiasoft Marginsphere, and IMEM preferred
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FAQs About Collateral Management Associate Jobs at Phaxis LLC
What is the work location for this position at Phaxis LLC?
This job at Phaxis LLC is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Phaxis LLC?
Candidates can expect a pay range of $75,000 and $125,000 per year.
What employment applies to this position at Phaxis LLC?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Phaxis LLC?
You can apply for this role at Phaxis LLC either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.