Ergon Recruitment Brussels
For one of our clients, active in the banking sector, we are currently looking for a:
Collateral Management Administrator (6 months contract) in Brussels
Functieomschrijving
• Daily verification of cash and stock collateral moves necessary to mitigate counterparty risk for our client’s funds and mandates under management ;
• Investigation and liaison with our client’s counterparties to resolve collateral disputes ;
• Preparation of daily securities, collateral moves and substitutions
• Monitoring of trading and income events to determine where collateral substitutions are required
• Investigation and resolution of cash reconciliation breaks
• Completion of monthly collateral interest reconciliation and instruction of interest payments
• Sourcing and checking of OTC derivatives and FX trade confirmations in case of unmatched or missing trades
• Completion and delivery of monthly credit exposure and collateral reporting i.e. providing management oversight
• Set up of new accounts and collateral agreements (CSA , …) in Colline, the dedicated collateral management system
• Development and maintenance of collateral management procedures
• Controlling that all OTC exposure incl. FX transactions is monitored and covered and thus that all portfolios managed in the Position Keeping Tools are taken into account in Colline.
Profiel
• Bachelor or Master Degree in finance or accountancy
• Fluent in English and in Dutch or French
• Basic understanding of the business
• Have an experienced knowledge about all types of financial instruments (classic and derivatives instruments).
• Team Player
• Communicative: good interpersonal communication
• Analytical mind; comfortable with numbers and figures
• Responsible
• Quality-minded
• Flexible