Analyst, Collateral Management Services

Location: Toronto, ON - Hybrid (4 days a week)

Pay Rate: $41.19/hr - $48.66/hr

Contract Length: 6 Months with possibility for extension

We at Raise are hiring a Analyst, Collateral Management Services for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now;

Responsibilities:
Variation and Initial Margin Requirements

Validating and ensuring all margin calls are issued on a timely basis and perform end to end margin processes

Ensure agreement and transfer of eligible credit support within specified timeframe in accordance to the terms of the CSA

Management of collateral inventory (non-cash) positions to ensure sufficient levels to fulfill daily margin requirements,

Instruct and approve collateral movements via SWIFT/email and or FAX

Perform cash forecasting as required intra-day

Perform portfolio and collateral reconciliations with counterparties

Escalate all issues as per agreed terms and standing orders

Responding to inquiries on a timely basis

Operational Controls and Reporting

Involved in business user testing for enhancements and system integration

Operational onboarding of current and/or existing counterparties for applications and services related to the collateral management process

Updating of procedure documents as required

Ensuring client data is accurately maintained in collateral management system and other documents as required

Assist in preparation of margin requirement/funding report and other ad-hoc reports as required

Administrative

Respond to audit request

Provide extended coverage during absence of team members (e.g. vacation)

Time Allocation (%)Job Mandate Reference Guide

Fulfillment of Client variation and initial margin requirements = 60%

Operational Controls and Reporting = 25%

Administrative = 15%

Types of experience required:

1 to 4 experience in financial industry preferably Capital Markets





Understanding of RBFG risk policies and standing order

Proficient in use of Microsoft Office suite (adept in Excel)

Knowledge of Capital Market products, trade systems and business lines

Working knowledge of derivative products and related documentations

Education, certification and designation requirements:

Required: Post-secondary education (undergraduate) or equivalent

Preferred: CSC or CFA an asset

Additional capabilities and skills:

Excellent verbal, written, and interpersonal skills, and the ability to work collaboratively with diverse groups of people across the organization

Demonstrated ability to multi-task effectively and work in fast-paced environment

Strong analytical and problem solving skills

High degree of accuracy and attention to detail

Level of Responsibility & Decision:

Agreement to margin calls including collateral utilization for fulfillment of margin requirements

Submit request to RMG/CMU to raise additional collateral

Escalate areas of concern/risk and raise awareness

What types of recommendations does the job provide to others?

Make business recommendations on ways to improve individual/team operational efficiency

Influence collateral funding decision with feedback on counterparty operational risk

Feedback to business and internal support teams on operational considerations/requirements

Reporting requirements for regulatory and internal purposes

Key Relationships
Counterparty Credit Risk (CCR)

Escalation and reporting of disputes and/or issues related to Clients margin requirements

Reviewing CSA agreement data and setup

Client/Counterparties

Fulfilment of Clients variation and initial margin requirements





Reconciliation and onboarding inquiries

General operational and margin inquiries
Global Markets Resource Management Group (RMG) and Collateral Management Unit (CMU)

Assist in collateral optimization efforts

Ensure sufficient availability of collateral to fulfil Clients margin requirements

Manager and Head of Collateral Management Services

Assist with new initiatives

Receive directions on daily activities and/or projects

Escalation of issues

Must have:

1-4 Years with OTC derivates products and related documentations/Collateral Management

Knowledge of Capital Market products, trade systems and business lines

Nice to have:

Excel

CSC or CFA an asset

Colline, APEX, RIMMS, Acadiasoft, Trioptima.

Looking for meaningful work? We can help!
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.

We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.

We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/

In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 (phone hidden) or [email protected]

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📌 Analyst, Collateral Management Services (Ontario)
🏢 Ian Martin Group
📍 Ontario