What are the responsibilities and job description for the Collateral Management Consultant position at Phyton Talent Advisors?
Our client a well known Investment Bank is seeking a Collateral Management Consultant in their Iselin, NJ Location!
Job Description of Temp Position:
- 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 Mizuho.
- Other duties as assigned
Experience:
- 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
Education Requirement:
- Bachelor’s degree (four year degree) preferably in a business-related discipline (Finance, Economics etc.)
Salary : $35 - $40