Permanent Contract

Collateral Management Middle Office Specialist

Modified on 10/06/2024

  • NEW YORK - United States Of America
  • Operations
  • 2024-90361

Job description

Job Summary:

The primary purpose of this position is to provide direct support to the booking and settlement of collaterals by being versed in the systems that support these operations. These systems include GV Collat, as well as front office systems (Orchestrade, Murex FCO, etc). Reconciliations of portfolios have to be done in acse of discrepancies with the counterpart.

 

Key Responsibilities:

  • Check the consistency of the loaded data on a daily basis (on derivatives and repo products).
  • Contact counterparts to agree on margin calls
  • Start and follow portfolio reconciliations in case of dispute with counterparts
  • Reporting of the collateral activity
  • Miscellaneous duties/projects as required

 

Management and Reporting:

Reports to the Head of Collateral Team

 

Key Internal Contacts

Legal Department, Back Office, Front Office, MaM, Risks, IT Teams.

 

Key External Contacts

Clients' collateral departments (Banks, Hedge Funds, Insurances, Corporates)

 

Salary Range: $90k - $105k

    • Minimum level of study
    • Bachelor Degree / BSc Degree or equivalent
    • Training / Specialization
    • Bachelor's Degree Required
      Experience with collateral processes required. Understanding of Reconciliations preferred.  
    • Minimum experience level
    • 6-10 years
    • Compétences recherchées
    • Required: 
      • Client Relationship management
      • Strong Verbal and written communication skills
      • Strong knowledge of Excel
      Preferred: 
      • Knowledge of GV Collat
      • Understanding of Legal issues and legal documentations pertaining to Collateral
      • Understanding of derivatives and repos activity
      • Capacity to cooperate / ability to

  • About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022). 8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients. For more information, please visit www.ca-cib.com Twitter: https://twitter.com/ca_cib LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/ By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

Crédit Agricole CIB
Crédit Agricole CIB
Crédit Agricole CIB

Crédit Agricole CIB

Collateral Management Middle Office Specialist

Published the 10/06/2024

Permanent Contract
  • NEW YORK - United States Of America
  • Operations
  • 2024-90361

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