Prime Brokerage Specialist (AVP) - OTC Collateral

Alexander Ash Consulting
05 Apr 2018
20 Apr 2018
Contract Type
Full Time

For this reputable banking organisation we are looking for a Prime Brokerage Specialist with OTC Prime Collateral Management or OTC Collateral experience to join the Prime Collateral team that is responsible for direct interaction with clients in regard to the issuance, receipt and settlement of all margin related activity for PB and OTC derivatives, while maintaining a high standard of client service at all times. 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 perspective
  • Responsible 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 lines
  • Develop key relationships with other support functions as well as Front Office teams
  • 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 risk
  • Attending client reviews and meetings as required

Experience required:

  • Prime Finance Margin experience
  • Pure FX Equities Prime Margin
  • MI, projects, risk management, client services
  • Attention to detail is imperative
  • Process related role, large calls
  • Client Services Collateral Prime Margin
  • Team leadership.