Job Description

Our client, a Global Investment Bank, is seeking a Collateral Management Consultant:

*This shift is 7pm - 3am, starts 7pm on a Sunday night, and ends 3am on Friday morning*

*This role is mainly work from home, but the team does 1 day a month in the Chicago office. At the start of the engagement, we would need some flexibility to report to the office at a higher frequency to accommodate in person training."

Responsibilities:

• Inspect system generated collateral calls for accuracy prior to issuance
• Responsible for the issuance and processing of daily margin calls for bilateral agreements covered under a CSA, Cleared agreements, and affiliate margin
• Communicate directly with counterparties ensuring the proper collateral is being exchanged
• Post system entries in internal and industry platforms to recognize and settled the agreed margin calls
• Investigate and escalate disputes and discrepancies
• Settle month-end collateral margin interest with external counterparties and affiliates
• Perform nightly reconciliations between custodians, counterparties and company's books and records
• Identify and escalate system issues and challenges to the overnight IT staff
• Working with internal partners across various functions; Credit, Credit, Legal, Finance and Trading
• We would look for a candidate who has 1+ years of experience in Collateral Management.

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