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SalaryJoin our dynamic Collateral Operations team as an Analyst!
In this role, you'll leverage your strong Excel skills and financial knowledge to ensure accurate margin calculations and collateral management for our fixed income securities. You'll play a key role in maintaining client satisfaction by monitoring trade discrepancies and working collaboratively with various internal teams.
A keen eye for detail and excellent communication are essential!
Ready to tackle exciting challenges and contribute to a strong client focus? Keep reading!
Top reasons to work with Adecco:
Payday every Friday
Upskilling opportunities through the Adecco Aspire Academy
An opportunity to get hired on permanent with our client.
Job Details:
Length: 8 Month Temp to hire opportunity.
Location: 201 N Tryon ST, Charlotte, NC 28202
Pay: $46.18 per hour
Shift/Hours: Monday-Friday 8am-5pm or 9am-6pm
This is a Hybrid position.
If you meet the qualifications APPLY now!
Requirements:
Business Analyst experience
Strong Excel Skills
Knowledge of Fixed Income Securities including Repo and Collateral Management
Understanding of relational databases and/or process flows
Detail Orientation - specifically the ability to recognize unusual flows/triggers for collateral in agreements and new trade structures
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
Responsibilities:
The candidate will be expected to perform various margin functions for security transactions. Candidate will be heavily involved in maintaining accurate customer and security information on outstanding financing trades, making margin calls to customers by stated deadlines, entering margin trades, re-pricing existing trades, and monitoring their settlement. The candidate will track, report, and resolve trade/price discrepancies between our customers/trading/sales desks. The process is very time sensitive and requires an extreme attention to detail.
The Collateral Unit interacts with a variety of different groups within the bank:
Back Office/Middle Office Operations
Cash Management to send/receive cash collateral.
Sales & Trading
Credit/Risk Management
Capital Markets Documentation
Due to the amount of interaction with our counterparts and other groups, excellent communication skills are necessary. An open flow of communication, specifically relating to new issues or problems, is necessary between team members.
Description:
The main function of the Collateral Operations group is to mitigate counterparty risk on bi-lateral fixed income REPO and TBA trades governed by an MRA/GMRA and MSFTA agreements, as well as OTC Business governed by CSA agreements.
Pay Details: $46.18 per hour
Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.adeccousa.com/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.
