Description
Leading Fund Manager require an individual to undertake all aspects of OTC Collateral Management including verification of swap values, margin management, agreement of eligible assets and settlement of assets and interest amounts.
Principal Accountabilities
*To verify the total value of OTC trades in line with CSA agreement terms, in order to establish the total exposure to each counterpart for each client.
*To identify all collateral calls and either formally agree or dispute these in line with CSA agreement timescales and the internal escalation procedure
*To generate collateral movement instructions and ensure assets settle on the agreed date. To post entries in respect of such movements to collateral management system - Colline.
*To complete cash and interest postings to Colline and Quasar accounting system and agree these values with the counterparts.
*To identify day to day minor process changes and ensure these are recorded in the team procedures manual on an ongoing basis. To carry out periodic review of procedures manual.
*To undertake systems UAT testing to facilitate new routines and version upgrades.
*To undertake Collateral Management reporting ( Exposure, Fails, etc )