The Collateral Middle Office is responsible for executing and monitoring margin calls and interest according to the parameters established in the contracts, with management systems varying between COMET/DRACCAR for derivatives and bond repos, APEX for bond lending/borrowing, and SFCM for equity lending/borrowing. It is also in charge of reconciling positions with counterparties, monitoring and escalating issues regarding counterparties with discrepancies or unusual counterparty behaviors, and executing and monitoring reporting, particularly MtM (Mark-to-Market) reports. Principales taches de l’équipe :

1) Capture of collateral contract terms

- Configuration of collateral contracts in management tools
- Management of the collateral contract lifecycle (amendments, closures,



modifications, etc.)
- Participation in collateral contract negotiations in case of non-convergence with our standards
- Ensure completeness of configurations through reconciliations between management systems and the legal database

2) Margin call management

- Notification, confirmation and booking of margin calls in COMET for bond repos and OTC derivatives, in APEX for bond SLB and in SFCM for equity repos and SLB (NY time zone)
- Contact with Front Office to borrow securities posted as collateral
- Coordination with BO

📌 Collateral Management Middle Office (Montreal)
🏢 emergiTEL
📍 Montreal