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Collateral Management Operations Analyst

  • Job
    Full-time
    Junior & Mid Level
  • Business, Operations & Strategy
    Banking & Finance
  • Nashville
  • Quick Apply

AI generated summary

  • You need a finance-related degree, 1-3 years in collateral or middle office ops, strong communication skills, Excel proficiency, and a proactive attitude. Experience with relevant software is a plus.
  • You will manage daily margining, contact counterparts for agreements, settle margins, maintain account data, reconcile OTC valuations, report collateral activities, and handle ad-hoc projects.

Requirements

  • Bachelor's degree in finance, economics or relevant discipline.
  • 1-3 years supporting middle office or collateral operations related to OTC and/or Listed Derivatives on the sell-side or buy-side is preferred, but not required
  • Excellent communication skills - both written and verbal
  • Proven Team orientation skills
  • General understanding of Risk & PnL
  • Strong control focus - ability to understand and highlight operational risk
  • A flexible proactive attitude towards work balanced with effective time management and prioritization skills
  • Ability to contribute to the ongoing development of processes
  • Proficiency of Microsoft Office Applications, specifically Excel
  • Motivated, positive “can do” attitude
  • Proven ability to learn quickly and adapt to change
  • Prior experience using Broadridge SFCM, Calypso or AcadiaSoft is highly desirable.

Responsibilities

  • Daily Margining of assigned Agreements/Relationships
  • Contact counterparts to agree on margin calls within the prescribed time frame
  • Settlement of margin in Support of Global clients
  • Maintain eligibility criteria and customer account master static data as per terms of CSAs, clearing agreements, repo agreements
  • Reconciliations of OTC MTM, Minimum Thresholds and resulting Collateral call
  • Reporting of collateral activity
  • Ad-hoc projects as needed

FAQs

What is the job title for this position?

The job title is Collateral Management Operations Analyst.

Where is the position located?

The position is based in Nashville, Tennessee.

What department will the Collateral Analyst be working in?

The Collateral Analyst will be working in the Derivative Operations department.

What are the primary responsibilities of the Collateral Analyst?

The primary responsibilities include supporting collateral needs for OTC and listed derivatives, managing margin calls, determining eligible assets for collateral, and collaborating with various teams to resolve issues.

What qualifications are required for this position?

A Bachelor's degree in finance, economics, or a relevant discipline is required, along with 1-3 years of experience in middle office or collateral operations on the sell-side or buy-side preferred.

Are there specific software applications that are highly desirable for this role?

Yes, prior experience using Broadridge SFCM, Calypso, or AcadiaSoft is highly desirable.

Is prior experience in collateral operations essential for this role?

While 1-3 years of experience is preferred, it is not strictly required.

What skills are important for a successful Collateral Analyst?

Important skills include excellent communication, teamwork, a strong control focus, effective time management, and proficiency in Microsoft Excel.

What kind of work environment can one expect in this role?

The work environment is fast-paced and team-oriented, requiring collaboration across various departments.

Will the Collateral Analyst be involved in projects outside of daily responsibilities?

Yes, the Collateral Analyst will be involved in ad-hoc projects as needed.

Is a general understanding of Risk & PnL necessary for this position?

Yes, a general understanding of Risk & PnL is part of the qualifications needed for this role.

#FullyInvested

Finance
Industry
1001-5000
Employees
1967
Founded Year

Mission & Purpose

AllianceBernstein (AB) is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. We are one of the largest investment management firms in the world, with more than $665 billion in assets under management as of February 2023. We foster a diverse, connected, collaborative culture that encourages different ways of thinking and differentiated insights. We embrace innovation to address increasingly complex investing challenges. We pursue responsibility throughout our firm—from how we work and act to the solutions we design for clients. AllianceBernstein, L.P. does not transact or advise on any cryptocurrency or related products. In addition, we do not conduct business through Facebook, WhatsApp, or any other social media. Any posts on such sites are fraudulent and have not been made by AllianceBernstein, L.P.