Associate Collateral Analyst, Global Derivative Services at Manulife
Montréal, QC, Canada -
Full Time


Start Date

Immediate

Expiry Date

12 Nov, 25

Salary

58275.0

Posted On

12 Aug, 25

Experience

1 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

French, Microsoft Applications, Finance, Economics, English

Industry

Financial Services

Description

Global Derivative Services is responsible for all back-office functions that support derivative trading enterprise-wide, including both the General Account and 3rd party funds managed by Manulife and Manulife Asset Management. Daily functions include the monitoring of collateral positions and margin requirements across bilateral and exchange traded clearing accounts, derivative trade processing, reconciliation resolution, OTC and margin settlements, and fielding audit inquiries.
The Associate Collateral Analyst should possess excellent communication skills (both written and verbal). Collaboration with the Front Office, Solutions, IT and other Operations teams will be essential for success.

REQUIRED QUALIFICATIONS:

  • 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 preferred but not required - The successful candidate will be required to communicate in English and French in order to support clients from various jurisdictions outside of Quebec.

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.
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.
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