Collateral Analyst

GMO•Boston, MA

1d•$90,000 - $105,000•Onsite

About The Position

The Collateral Analyst is responsible for the end-to-end management of collateral processes across OTC derivatives, listed products, and financing transactions. This role requires a strong understanding of margin methodologies, legal agreements, and regulatory requirements, along with the ability to independently manage daily workflows and resolve complex exceptions. The successful candidate will serve as a key contributor within the collateral management function, partnering closely with Investment Teams, Trading, Risk, Legal, and external counterparties to ensure accurate and timely margining, dispute resolution, and collateral movements. This role also plays an important part in strengthening operational controls, improving processes, and supporting system and workflow enhancements across the collateral lifecycle.

Requirements

5+ years of industry experience with 3+ years in collateral management, derivatives operations, or a related function
Strong understanding of variation margin (VM), initial margin (IM), and margin methodologies
Working knowledge of ISDA/CSA, GMRA, and related legal documentation
Proven ability to independently manage margin processes and resolve disputes
Experience analyzing and resolving valuation disputes with internal and external stakeholders
Familiarity with regulatory requirements such as Uncleared Margin Rules
Strong understanding of investment fund operations, including custody and fund accounting workflows and their impact on NAV
Working knowledge of coupon/income accruals
Strong analytical and problem-solving skills
Excellent communication skills
Ability to manage competing priorities in a fast-paced environment
Strong ownership mindset with focus on process improvement and efficiency
Direct experience with Aladdin’s collateral management functionality is required
Knowledge of systems such as Acadia MarginSphere, TriResolve, and TradeServ
Working knowledge of SWIFT messaging

Nice To Haves

Experience contributing to system enhancements or automation initiatives preferred

Responsibilities

Oversee daily collateral operations across OTC derivatives, futures, and financing products, ensuring accurate and timely margin calls, settlements, and reconciliations
Independently manage collateral relationships with counterparties and custodians, including escalation and resolution of margin disputes
Perform detailed reconciliations of collateral balances and exposure reports, identifying discrepancies and driving resolution through to completion
Review, validate, and instruct collateral movements in accordance with ISDA/CSA and other governing agreements
Maintain and enhance collateral data within internal systems, including legal agreement terms and margin parameters
Act as a subject matter resource for collateral processes and margin methodologies
Partner with Investment Teams, Trading, Risk, Legal, and Technology teams to support onboarding and process enhancements
Ensure timely review and execution of OTC derivative confirmations
Identify opportunities to improve workflows, increase automation, and strengthen controls
Support audits, regulatory inquiries, and internal reporting