Associate Director, Middle Office Solutions, Collateral Management Specialist
About The Position
The Associate Director for Collateral Management is responsible for providing strategic leadership and subject matter expertise across collateral management, middle office operations, regulatory margin compliance, and operational controls supporting complex investment portfolios. This role serves as the firm's expert on Uncleared Margin Rules (UMR), Average Aggregate Notional Amount (AANA) calculations, AcadiaSoft, and business representative of the priority collateral management platform. The individual will lead business and operational initiatives, oversee reconciliation and trade support functions, manage multiple teams and department leaders, and drive technology enhancements for priority systems. This position partners with Prime Brokers, Custodians, and Counterparties to ensure operational excellence, regulatory compliance, and strategic business growth.
Requirements
- Bachelor's degree in Finance, Economics, Accounting, Business Administration or a related discipline
- Minimum of 8 years of related experience in collateral management, middle-office operations, derivatives operations, securities operations, or capital markets
- Demonstrated knowledge in: UMR regulations
- AANA calculations
- Initial Margin and Variation Margin processes
- ISDA SIMM methodology
- AcadiaSoft
- OTC derivatives and securities products
- Proven experience developing business requirements and leading technology enhancement initiatives
- Strong understanding of trade lifecycle management, reconciliation processes, settlements, and operational controls
Responsibilities
- Serve as the primary subject matter expert for Buyside Collateral Management, including Initial Margin (IM), Variation Margin (VM), collateral optimization, dispute management, and margin settlements.
- Provide expert guidance on Uncleared Margin Rules (UMR), ISDA SIMM, regulatory margin requirements, and industry best practices.
- Lead annual and ongoing AANA calculations, assessments, and reporting to determine UMR compliance obligations.
- Monitor regulatory developments and assess business impacts across collateral, operational, and technology platforms.
- Support client and counterparty onboardings, account setup, custodial relationships, and collateral documentation initiatives.
- Lead business analysis efforts supporting collateral management and middle-office technology platforms.
- Gather, define, and prioritize business requirements for strategic system enhancements and transformation initiatives.
- Act as the primary liaison between business stakeholders and technology teams.
- Drive automation initiatives and operational efficiency improvements.
- Oversee daily reconciliation of cash, positions, and transactions across multiple asset classes including.
- Analyze, investigate, and resolve operational breaks and collateral disputes.
- Establish controls and service-level standards for operational processes and exception management
Benefits
- medical, dental, and vision coverage
- a 401(k) plan with company match
- paid time off, holidays, and parental leave
- professional development reimbursement opportunity
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
