Collateral Management Middle Office Specialist

Apply Now

Company: Crédit Agricole CIB

Location: New York, NY 10025

Description:

Vacancy details

General information

Entity
About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)

Crdit Agricole CIB is the corporate and investment banking arm of Crdit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crdit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/

By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

Reference
2024-90361

Update date
10/06/2024

Job description
Business type

Types of Jobs - Operations
Job title

Collateral Management Middle Office Specialist
Contract type

Permanent Contract
Job summary

Job Summary:

The primary purpose of this position is to provide direct support to the booking and settlement of collaterals by being versed in the systems that support these operations. These systems include GV Collat, as well as front office systems (Orchestrade, Murex FCO, etc). Reconciliations of portfolios have to be done in acse of discrepancies with the counterpart.

Key Responsibilities:
  • Check the consistency of the loaded data on a daily basis (on derivatives and repo products).
  • Contact counterparts to agree on margin calls
  • Start and follow portfolio reconciliations in case of dispute with counterparts
  • Reporting of the collateral activity
  • Miscellaneous duties/projects as required


Management and Reporting:

Reports to the Head of Collateral Team

Key Internal Contacts

Legal Department, Back Office, Front Office, MaM, Risks, IT Teams.

Key External Contacts

Clients' collateral departments (Banks, Hedge Funds, Insurances, Corporates)

Salary Range: $90k - $105k

Position location
Geographical area

America, United States Of America
City

NEW YORK

Candidate criteria
Minimal education level

Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality

Bachelor's Degree Required

Level of minimal experience

6-10 years
Experience

Experience with collateral processes required.

Understanding of Reconciliations preferred.

Required skills

Required:
  • Client Relationship management
  • Strong Verbal and written communication skills
  • Strong knowledge of Excel

Preferred:
  • Knowledge of GV Collat
  • Understanding of Legal issues and legal documentations pertaining to Collateral
  • Understanding of derivatives and repos activity
  • Capacity to cooperate / ability to

Similar Jobs