Middle Office Analyst (Collateral Operations) | Contract

Key Responsibilities

• Perform daily collateral management activities, including margin call calculations, collateral processing, settlements, reconciliations, and exception management.
• Monitor collateral exposures and ensure timely issuance, receipt, and settlement of margin calls in accordance with client agreements and regulatory requirements.
• Investigate and resolve collateral disputes, breaks, valuation differences, and operational exceptions with counterparties and internal stakeholders.
• Conduct cash and securities collateral reconciliations to ensure accurate collateral positions and risk coverage.
• Support collateral activities across OTC derivatives, cleared products, and securities finance transactions.
• Produce management information reports, operational metrics, and client reporting within agreed timelines.
• Monitor operational controls and ensure adherence to internal policies, risk frameworks, and regulatory requirements.
• Identify operational inefficiencies and contribute to process enhancement, automation, and workflow optimization initiatives.
• Utilize data and reporting tools such as Excel, Alteryx, Power BI, and other strategic platforms to improve reporting accuracy and operational insights.
• Support incident management, root cause analysis, and remediation activities where required.
• Collaborate with Relationship Management, Product, Technology, Risk, Compliance, and Operations teams to deliver a high-quality client experience.
• Assist in onboarding new clients, products, or operational processes where required.
• Participate in system testing, change initiatives, and strategic projects impacting collateral operations.

Requirements

• Bachelor's Degree in Finance, Banking, or any related discipline.
• Minimum 3 to 7 years of experience in Collateral Management, Derivatives Operations, Middle Office Operations, or a related banking function.
• Good understanding of collateral management processes, margin call processing, collateral settlements, reconciliations, and dispute management.
• Familiarity with OTC derivatives, securities lending, repo transactions, cleared products, or capital markets operations.
• Experience managing client and counterparty interactions relating to collateral activities and operational issues.
• Analytical mindset with the ability to investigate discrepancies, identify root causes, and resolve issues effectively.
• Good understanding of operational risk, controls, and regulatory requirements within financial services.
• Proficiency in Microsoft Excel, including data analysis, reconciliation, and reporting.
• Experience with data visualization, automation, or reporting tools such as Alteryx and Power BI is good to have.
• Effective communication and stakeholder management skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• High level of accuracy, attention to detail, and commitment to operational excellence.