Collateral Management - Assistant Manager
State Street
- Hyderabad, Telangana
- Permanent
- Full-time
- Margin call processing - Process daily margin calls daily for all agreed clients, who will include banks and fund clients and both cash and security margin calls.
- Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations
- Fails investigation - Checking the cash non-receipt reports and the custody settlement system and initiating correspondence with the client and counterparties
- Reporting - Generate a variety of reports, which includes client and internal
- Portfolio reconciliations - Completing any daily or ad hoc manual portfolio reconciliations.
- Interest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.
- Substitutions
- Coupon / Maturities
- Transformation initiatives
- Proficient knowledge of MS Excel and Outlook; Power Point and Word will be an advantage
- Proficient knowledge of MS Access and VBA
- Very good command of English; effective communication,ability to write and sing off official documents
- Experience in finance and custody
- Knowledge of OTC markets/ derivatives instruments
- Numeracy skills; attention to details
- Accuracy and ability to work with tight deadlines
- Ability to collaborate and teamwork; organizational skills; supervising group of specialist if need be
- Self-motivated and reliant, flexible
- Project Management methodologies would be an advantage
- Education & Preferred Qualifications:
- Graduate and above preferably in Finance
- B.COM, BBM/BBA. MBA (Finance), M.COM or any degree related to Finance or Commerce
- Certification on NCFM / CISI (Chartered Institute for Securities & Investment)
- Knowledge on Macros, SQL & MS Access Database queries