Operations Associate

Recruiter
Elliott James Consulting Limited
Location
London
Salary
Salary to £45,000
Posted
21 Apr 2017
Closes
21 May 2017
Contract Type
Permanent
Hours
Full Time
Our client is a well-regarded global asset management house who have a superb reputation for solid track in performance coupled with excellent staff retention and development

They have created a new role based on increased client activity and are seeking the services of an operations professional ideally to cover their trade operations / collateral desk in London. This team is looking for a senior associate to focus on supporting ongoing projects and building collateral knowledge in the London site. The associate will be responsible for the collateral management activities related to derivative securities. Trade Operations is dedicated to facilitating the post trade process by enhancing operational controls and eliminating business risk in order to provide superior client service to the internal/external partners. The role requires interaction with vendors, investment support teams, accounting groups, legal, clearing brokers, counterparties, and custodian banks.

Primary Responsibilities include:

- Collateral production and oversight of daily margin calls and fail management
- Local currency balance monitoring
- Maintain awareness of industry changes and their impact on the collateral process.
- Facilitate margin process with brokers via phone, email, and electronically
- Resolving escalated settlement issues with custodian banks and brokers
- Participation in small to large size projects related to various department and/or regulatory initiatives
- Overtime and schedule flexibility may be required.

Qualifications:

- Bachelor's degree required
- Minimum 1 year of experience in finance, accounting, or investment operations role
- Experience in post trade, fail management, and collateral management is highly desired
- Excellent verbal and written communication, interpersonal, analytical and problem solving skills
- Must be able to work independently and as part of a team
- Ability to meet daily deadlines and demonstrate excellent attention to detail
- Capable of working under tight time constraints with multiple priorities
- Strong control mindset, intellectual horsepower and drive for results
- Ability to learn various trading related systems as well as proficiency in Microsoft Office applications including Word and Excel