What are the responsibilities and job description for the Derivatives and Collateral Analyst position at KBW Financial Staffing & Recruiting?
Top Financial Services client has a need for a Derivatives and Collateral Analyst in the Boston area who will have daily oversight of various collateral contracts (Futures, Cleared, Bilateral OTC) and understand dispute management process to resolve differences with external counterparties. This person reports to the Director and will be able to work on a hybrid schedule.
Hours are 830-5pm
Hybrid
All interested candidates send a resume to jsmith@kbwfinancial.com
KBW789
*MONKBW*
- Daily oversight of day-to-day collateral margin and payment processes
- Validating and ensuring all margin calls are issued on a timely basis and perform end-to-end margin processes
- Daily oversight of various collateral contracts (Futures, Cleared, Bilateral OTC, TBA/Repos, and IM) and understand dispute management process to resolve differences with external counterparties
- Collaborate cross functionally with front office, risk, compliance, accounting, treasury and audit teams
- Perform daily and monthly reconciliation and analyze/resolve complex variances related to derivatives and collateral
- Instruct and Approve wire transfers and submit SWIFT communications
- Manage cash forecasting and analysis (foreign and domestic)
- Assist with broker relationships including Counterparty onboarding
- Report and analyze cash and investment activity for various audiences including senior leaders in IM, the LOBs and Corporate
- Assist in implement new regulations related to Collateral and Derivatives
- Participate in Derivative and Collateral project work to support Investment Management and Corporate goals
- Bachelor’s degree in Finance, Accounting, Business Management, or other related field
- 5 years of investment operations experience
- 3 years of derivative experience with an understanding of systems and data management
- Finance and/or investment operations background
- Knowledge in OTC and Exchange Traded Derivatives
- Knowledge of Derivatives, Collateral, Banking, Finance, Investment Operations, and Accounting or relevant work experience
- Experience with TriOptima portfolio reconciliation
- Experience with Calypso/Murex Systems
- Experience in Life Insurance and/or Investment Management a plus
Hours are 830-5pm
Hybrid
All interested candidates send a resume to jsmith@kbwfinancial.com
KBW789
*MONKBW*
