What are the responsibilities and job description for the Collateral Management Consultant position at Phaxis?
- Inspect system generated collateral calls for accuracy prior to making margin calls.
- Communicate directly with counterparties ensuring the proper collateral is being exchanged.
- Post and margin requirements across various triparty and third party custody platforms, and monitor settlement.
- Prepare release authorizations to various third party custodians.
- Investigate, document and escalate disputes and discrepancies.
- Settle month end collateral margin interest with counterparties.
- Perform reconciliations between custodians, counterparties and ***.
- Other duties as assigned.
- 2 years Collateral Mgmt. experience.
- Experience with Acadiasoft Margin Manager, Agreement Manager.
- Experience with MSFTA, MRA, and CSA margin exchange.
- Familiar with ’40 Act margining.
Salary : $35 - $43