Start Date
Immediate
Expiry Date
03 Dec, 25
Salary
42.0
Posted On
03 Sep, 25
Experience
0 year(s) or above
Remote Job
Yes
Telecommute
Yes
Sponsor Visa
No
Skills
Teams, High Pressure Situations, Relational Databases, Communication Skills, Collateral, Collateral Management, Technology
Industry
Financial Services
Position: Business Analyst/Collateral Operations Analyst
Location: Charlotte, NC
Schedule: Training is 100% on site, then will be Hybrid (3 Days Onsite, 2 Remote)
Contract Duration: ASAP (once onboarding clears) - 12/31/2025
Pay Rate: $38.00-42.00 hourly, paid weekly.
JOB DESCRIPTION:
The main function of the Collateral Operations group is to mitigate counterparty risk on bi-lateral fixed income REPO and TBA trades governed by an MRA/GMRA and MSFTA agreements, as well as OTC Business governed by CSA agreements.
The candidate will be expected to perform various margin functions for security transactions. Candidate will be heavily involved in maintaining accurate customer and security information on outstanding financing trades, making margin calls to customers by stated deadlines, entering margin trades, re-pricing existing trades, and monitoring their settlement. The candidate will track, report and resolve trade/price discrepancies between our customers/trading/sales desks. The process is very time sensitive and requires an extreme attention to detail.
The Collateral Unit interacts with a variety of different groups within the bank:
Due to the amount of interaction with our counterparts and other groups, excellent communication skills are necessary. An open flow of communication, specifically relating to new issues or problems, is necessary between team members.
1. Knowledge of Fixed Income Securities including Repo and Collateral Management
2. Ability to Handle High Pressure Situations
3. Strong Excel Skills
Skills Required:
Other Qualifications:
How To Apply:
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