Job Description

Job Description


Title: Collateral Management Operator

Location: Bangalore



  • Specific/ mandatory skills: Collateral Management Experience
  • Experience range: Min 2 years
  • Open to considering fresher candidates (Yes/No): No
  • Open to considering relocation/ non-local candidates (Yes/No): No
  • Project duration: 8 Months
  • Shift timings:  12:30 PM 10:30 PM
  • Number of days work from office: 5




Collateral Management’s principal function is risk mitigation, covering all currency, equity, rates and credit derivatives as well as FX, repo and commodity products traded across the world.


The Collateral Team’s primary role is to aggregate and manage the bank’s exposure across its entire collateralized portfolio. The implementation of our effective collateral management agreements with our clients has dramatically reduced the amount of credit risk associated with a transaction. Our successful collateral management program lowers the bank’s credit line utilization and significantly reduces regulatory capital charges, which in turn leads to greater trading capacities and higher returns on capital.


The team is responsible for monitoring the feeds & uploading / processing various trades feeds into the Collateral Systems to enable smooth & timely functioning of the various downstream functionalities. Pricing of securities held as collateral, performing reconciliation between various systems. Static data setup for new clients and maintenance of static data.



Working in a team performing the following functions:

  • Uploading trades into the Collateral System.
  • Monitoring of feeds from various source systems.
  • Reporting breaks to the senior management in terms of missing MTM, large swings in the MTM as compared to previous day & likes.
  • Escalation to IT, BAC (Business Area Control), Support teams to ensure timely resolution of discrepancies encountered.
  • Security pricing to ensure correct collateral valuation.
  • Performing reconciliation between various books of accounts, reporting and investigation of breaks.
  • Agreement/Static data setups in Collateral Systems on the basis of executed ISDA, CSA documents.
  • Data maintenance tasks.
  • Adherence to TAT is of utmost importance.
  • Handling of various projects initiated by Bank & maintaining a progress charter for the same


Primary Working Relationships

  • Internal clients including, Margin Managers, Project Stakeholders, Valuations, IT & BAC.


Job Requirements:

  • Team Player.
  • Strong communication skills.
  • Fluency in Microsoft Office
  • Should be open to working in shifts.
  • Ability to understand the working of Derivative Products & related concepts.
  • Analytical and problem solving skills essential.
  • Good with numbers & logical reasoning.
  • 0 – 1 years of operations experience, preferably in collateral management or Derivative Ops or Risk management or Security Operations