Collateral Analyst, OTC derivatives

Job title: Collateral Analyst, OTC derivatives

Company: Randstad


Job description: Our client, a leading global financial institution, is seeking a Collateral Analyst – OTC Derivatives to join their Collateral Management Services team. This role plays a critical part in assessing, monitoring, and managing collateral to support the mitigation of counterparty credit risk. Working as a first line of defense to the trading business, you will help ensure accurate books and records while delivering an exceptional client experience.This is a 12-month contract, hybrid, in Bedford, NS.Advantages
-Hybrid work environment (2-3 days in office)
-Exposure to large-scale capital markets operations
-Collaborative, high-performing team with global reach (UK, Toronto, Halifax)
-Training provided through WebEx and in-person sessions
-Potential for contract extension or permanent placementResponsibilities
Variation and Initial Margin Requirements
-Validate and issue margin calls in a timely and accurate manner
-Ensure the agreement and timely transfer of eligible credit support per CSA terms
-Manage non-cash collateral inventory and instruct/approve collateral movements via SWIFT, email, or fax
-Conduct intra-day cash forecasting and portfolio/collateral reconciliations
-Address margin disputes and inquiries; escalate issues as necessaryOperational Controls and Reporting
-Support business testing and system integration efforts
-Manage operational onboarding of counterparties
-Maintain and update client data and procedural documentation
-Prepare margin and funding reports and other ad hoc reportsAdministrative Support
-Respond to internal/external audit requests
-Provide team coverage during planned absencesQualifications
Must-Have:
-1-4 years’ experience in the financial industry, preferably in Capital Markets
-Solid understanding of OTC derivatives trade flow and lifecycle
-Working knowledge of collateral management systems and processes
-Strong Microsoft Excel skills (pivots, lookups)
-Proficiency in English (written and verbal)Nice-to-Have:
-Experience with ACADIA, TriOptima, COLLINE, and APEX
-Knowledge of VB Macros
-Familiarity with ISDA Master Agreements and CSA documentationSummary
This is an excellent opportunity for an analytical and detail-oriented professional with a background in collateral management or OTC derivatives to contribute to a dynamic, globally connected team. The successful candidate will be comfortable handling large volumes of data, communicating with internal and external stakeholders, and operating in a fast-paced environment where accuracy and timeliness are critical. If you’re looking to grow your career within a prestigious financial institution, we encourage you to apply today.Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada’s workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.

Expected salary:

Location: Bedford, NS

Job date: Fri, 02 May 2025 04:04:38 GMT

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