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Associate Collateral Analyst – Global Derivative Services

Associate Collateral Analyst – Global Derivative Services

CompanyManulife Financial
LocationMontreal, QC, Canada
Salary$58275 – $97125
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • 1-3 years of investment operations experience.
  • Solid understanding and direct Middle/Back Office experience in, but not limited to, the following: Full Lifecycle of futures, OTC, and cleared derivative products.
  • Bilingual (French & English) is required – The successful candidate will be required to communicate in English and French in order to support clients from various jurisdictions outside of Quebec.

Responsibilities

  • Collateral/margin management for Futures, OTC, and Cleared products including issuing and managing margin calls and initial margin, substitutions, repos, and cash management.
  • Ensure variety of daily deliverables for Collateral Team are met with completeness and accuracy.
  • Continuously seek out ways to strengthen key control environment.
  • Develop and manage working relationships with clearing broker back-office counterparts and custodian banks.
  • Process internal ad hoc requests from various groups in a timely and efficient manner.
  • Update or create new process documents for all tasks relevant to the position and maintain internal database of all process documents.
  • Propose improvements to current processes that will increase the efficiency and effectiveness of the group.
  • Contribute to the gathering of data for quarterly metrics reporting to senior management.
  • Complete daily, weekly, monthly, quarterly, and year-end reporting duties in a timely manner.
  • Contribute to the capacity and depth of Global Derivatives Services to respond to the organization’s current and future derivative collateral demands effectively and holistically.

Preferred Qualifications

  • Relevant undergraduate education; degrees in Business, Accounting, Finance, or Economics is preferred.
  • Custodian/clearing broker operations, settlements, and associated reconciliations.
  • Ability to prioritize problems/tasks while working in a fast paced, deadline driven environment with a focus on accuracy.
  • Familiarity with FIS Apex product is an advantage. Experience with MS Office suite, derivative trading/accounting platforms, collateral management systems, and third-party market data providers is preferred.
  • Strong technical skills in various Microsoft Applications highly preferred.
  • Solid organizational skills and a high degree of professionalism combined with the ability to readily adapt to rapidly changing environments and take care of competing priorities.
  • Team player with demonstrated experience building and maintaining good working relationships both internally and externally.