Collateral Management Associate

Jefferies Financial Group • Jersey City, NJ

2d • Onsite

About The Position

The candidate for the Collateral Associate position must exhibit a strong understanding of Collateral Management Operations and its application to the CFTC and SEC bilateral Non-Cleared Swap transactions by carrying out Jefferies Policy and Procedures in conjunction with ISDA best practices. The Collateral Management team is responsible for the margining of the following business streams: Repo Finance OTC Swaps (CFTC Covered, SEC Security Based Swaps and OTC Options) TBA-Covered Agency (Forward Settling transactions).

Requirements

• Strong understanding of Collateral Management Operations and its application to CFTC and SEC bilateral Non-Cleared Swap transactions.
• Adherence to Jefferies Policy and Procedures in conjunction with ISDA best practices.
• Exposure and understanding to the following derivatives products: Foreign Exchange FX Options, IR Swaps, Credit Default Swaps (single name), Credit Default Index (CDX), Total Return Swaps, Equity Swaps, OTC Equity Options.
• Must be a team player able to work in a fast-paced environment.
• Provide excellent service to internal and external customers.
• Excellent interpersonal and PC skills.

Nice To Haves

• Exposure to Smartstream TLM Collateral, AcadiaSoft, TriOptima triResolve, and Broadridge is a plus.

Responsibilities

• Daily processing of OTC Swap, Repo and TBA Collateral Call issuance.
• Confirming and processing of Anticipated Demands for Counterparty Collateral.
• Initiate collateral transfer payments and receipts for Liquidity Management.
• Month-end Collateral Interest processing.
• Portfolio reconciliation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed