Fx Collateral Oversight, Senior Associate - Edinburgh, United Kingdom - State Street

State Street

Verified Company

Edinburgh, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Who we are looking for

Responsible for FX collateral management in the EMEA region for Global markets.

SSGM Collateral Operations is responsible for ensuring that each portfolio is as fully collateralized as possible and all related margining activities are being completed in a timely and accurate manner.

The incumbent will play a key role on the State Street Global Markets FX collateral team. The team is responsible for ensuring complete daily margining for all FX trading activity, primarily to satisfy regulatory requirements. This includes direct involvement in the margin call process as well as the expertise to help oversee offshore team.

This team member will also be asked to play a role in projects of varying complexity and execute on those projects in collaboration with team members in Edinburgh as well as regional hubs.

Why this role is important to us

Join us if making your mark in the capital markets industry from day one is a challenge you are up for.

What you will be responsible for

As FX Collateral Oversight you will- Ensure all controls are followed in daily processes to mitigate risk- Manage end-to-end regulatory Initial Margin process- Oversee cash and security settlements- Troubleshoot and resolve client issues- Review disputes and reconciliations, produce reporting- Liaise with Legal, Compliance, Credit, Trading, and Operations globally- Participate in projects as requested and delivery on all project deadlines

What we value

These skills will help you succeed in this role- Strong analytical and decision-making skills- Strong administration and organizational skills- An ability to work independently or collaboratively- Self motivated, adaptable and able to show initiative in different circumstances and under pressure.

- Previous experience in a Collateral Management role /environment preferred but not essential

Education & Preferred Qualifications- Degree level education preferred or equivalent industry experience.- An understanding of the financial services industry

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them.

Although each vacancy details what we are looking for, we don't necessarily need you to fulfil all of them when applying.

If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

State Street is an equal opportunity and affirmative action employer.