Job Description
Job Title: Collateral Management Analyst
Location: Bangalore
Note:
- Specific/ mandatory skills: Collateral management, Credit Support Annex, OTC Derivative, ISDA, OTC Margining. Ability to read to understand the complex Legal OTC Derivative documents like ISDA and CSA
- Experience range: 0-3 years
- Contract duration: 8 months
- Shift timings: 12:30 to 9:30 PM IST
- Number of days work from office: 3 Days Mandatory but 5 Days for initial 2-3 months (Training period)
Role Description
Collateral Management is responsible for undertaking a risk mitigation function with oversight
for the bank’s collateral assets.
Work includes:
- Overseeing day to day execution of collateral agreements and are responsible for
- managing daily exposure and collateral movements for a portfolio of clients.
- Managing daily exposure and collateral movements for a portfolio of clients.
- Cultivating working relationships with specific front office and infrastructure functionswithin the bank
Your key responsibilities
- Ensuring appropriate funding for all currencies in various markets within the timeline.
- Making sure of the spread that must be left in a currency.
- Daily review & addressing of breaks to the desk/ Counterparties.
- Performing all Control checks for currency coverage & transaction type throughout the
- Timely escalation of issues & concerns on the manager/onshore/oversight/desk.
- Capturing of all work stats at an individual level.
Your skills and experience
- Sound level of knowledge in Finance in terms of education.
- Preferred experience of currency swaps in a close cut off based environment.
- Must have any eye for detail.