Job Description

Reference # : 17-02602Title : Global Collateral Management Specialist UMR
Location : Chicago, IL
Position Type : Direct Placement
Experience Level : Start Date : 03/16/2017
Eclaro International is currently recruiting for a Global Collateral Management Specialist UMR for one of our financial services clients.

Job Description:

? Management, monitoring, oversight & control of the daily delivery of multiple Front Office exposure, pricing and agreement feeds into the Global Collateral Management System
? Work closely with technology teams to Identify and resolve data quality issues which may impact Collateral Margin Calls and create credit exposure to the firm
? Detailed analysis on trade & mark to market (MTM) variances, working closely with the global middle office team on potential booking, curve and pricing issues
? Escalation of issues to Margin Managers, Credit Risk, Middle Office & Senior Management
? Understand and monitor risk across Brokerage portfolio of collateralized trades/agreements
? Key escalation point and main point of contact for internal and external stakeholders
? Driving process & control enhancements
? Resolving complex operational issues
? Working on key Collateral initiatives, partnering with Senior Managers, business partners including Technology and Change Management teams to completely redevelop end to end infrastructure & future state process under the quartz banner in addition to development to support regulatory changes
? Understanding of new regulations and impact to Collateral, team, processes - determine development & support needs
? Support of new Collateral regulations that come into force working with APAC and EMEA control teams to provide a follow the sun support model
? Implementation of data control standards across all LOB's and centralization of functions into control team
? Working on target state in line with Collateral Master Plan
? Potential to manage a team of up to 3 associates, responsibilities include: Oversight and governance of process, procedures & controls, training, coaching, goal setting & performance reviews
Essential Skills:
? Experience within Financial Services / Banking industry
? Proven and effective management experience & skills
? Strong Excel and Access skills
? Excellent verbal and written communication skills
? Highly numerate with analytical problem-solving ability with proven track record of delivering results
? Decision maker
? Self-starter, well organized, ability to meet tight deadlines
? Excellent at engaging with global peers to ensure best practice is adopted at all times
? Confident in facing off to senior stakeholders across the business (including Sales, Trading, Product Control, Credit and Legal)
? Attention to detail, delivering high quality output
? Process reengineering to improve control, automation and levels of sophistication
? Strong controls background with previous experience of implementing and maintaining key business controls
? Understanding of a control environment
? Ability to navigate organization
? VBA experience
? Background in Collateral Management (will consider experience in Finance, Risk Management and Treasury)
? Familiarity with the OTC Derivatives lifecycle
? Project experience (Agile approach)
? Quartz knowledge

Application Instructions

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