Assistant Manager to Manager (Securities Financing & Collateral Management), GMT
Job Responsibilities
Process Tri-Party and bilateral collateral optimization, sourcing and exposure management
Calculate collateral across business lines (IM, VM and securities financing)
Ensure the efficient and timely processing of the securities financing trading and derivatives trading book including recalls, substitutions, restrictions, pledging, exposure management and projections of future requirements and book breakdown
Advise the Securities Financing Trading desk on the freedoms/limitations of collateral management in Tri-party, including the ability to enforce stipulations applicable to a bilateral trade
Act as a contact point for SFT operations for other areas including Trading, Sales, Finance, IT and supporting teams such as settlement
Provide daily financing and funding projection to the business unit and position reconciliation between Agents
Collate and distribute key metric data to stakeholders such as collateral schedules and collateral availability to Securities Finance Trading
Job Requirements
Bachelor’s or above degree in finance or quantitative disciplines
Minimum 2 years’ relevant experience in banking industry with middle to back office operations experience is preferred
Strong knowledge of Fixed Income and derivative products, settlement processes and current market initiatives is vital
High degree of accuracy and willingness to learn new products is essential
Willing to adapt new initiatives and put forward your own ideas is paramount
Good command of written and spoken English and Chinese
