Job Details
JOB DESCRIPTION
Role: Associate Process Manager Collateral | Full-time (FT) | Financial Markets|
Location: Mumbai Maharashtra India
Shift Timings:EMEA (1:00 PM to 10:00 PM IST)
Minimum Academic Qualifications: Graduation (B. Com /BBM) / Post Graduation (M.Com/MBA/PGDM)
Experience Span: 3 to 6 years of experience in Collateral
Process/Activities With Experience
- Good understanding of Trade Life Cycle and Financial markets
- Knowledge of Collateral & Margins
- Knowledge of ISDA Regulations, CSAs, MTM
- Knowledge of products - OTC, Repo Margins, IM & VM margins
- Preferably experienced with the applications Bloomberg, DTCC, Murex, TriOptima
- Experience in handling Collateral interest bookings and margin calls
- Experience in handling discrepancies/disputes and liaising with multiple teams to get the issues resolved
- Should be well versed in preparing procedure documents, process flows, event trackers
- Should be capable to maintain SLAs and monitor quality of the deliverable
- Should be able to lead daily/weekly/monthly calls to update clients on day to day progress, challenges
- Good knowledge of MS Excel
- Should be able to implement strategic initiatives and identify process improvements in the daily workflow with the help of Automation enhancements
- Excellent presentation and communication skills (written and verbal)
- Ability to work with teams across time-zones and cultures
- Organized, detail oriented, flexible, self-starter & highly motivated
- Should be able to act fast and decisively when dealing with critical situations
- Good with numbers and ability to derive information from data
- Excellent multi-tasking and creative problem solving
- Should be able to train, coach, mentor other members of the team
Financial Products Knowhow: Collateral/Margins, OTC & Repo Margins
Tools/industry utilities: Preferred hands-on & understanding of Collateral financial markets
Reporting/Client Management
We follow a practice of managing reports & matrices within deadlines and with 100% accuracy. Understanding the requirements, data to be used & distribution list on the reports. Reporting the BAU & KRIs to senior management & client. We give utmost priority to our clients and their requirements, adhere to the requirements and follow a strict procedure of reporting
Role And Responsibility
As part of the Collateral team, you will be working with our client partners to ensure the counterparty overall exposure risk is reduced, all the interest bookings and margin calls are settled in a timely manner. You work will be to execute the bookings on a monthly basis and margin calls on a daily basis for both OTC and Repo margins, work with internal team, control team and external counterparties to resolve issues and escalation emails.
- Taking full ownership of the process, managing BAU and other tasks effectively
- Settling the collateral interest on a monthly basis, and margin calls on a daily basis with 100% accuracy
- Highlighting the issues and escalations to the client and get it rectified
- Daily and weekly catch-up calls with clients to discuss the issues and future initiatives
- Handling client/counterparties queries and escalatio
- ns
- Tracking KPI/KRI, Utilization for Vendor Management
- Grooming A's and SA's to manage process and risk effectively
- Help knowledge management endeavor by sharing process knowledge and best practices within the teams
- Build domain expertise and lead from the front
- Lead various quality initiatives
- Responsible for Business continuity, transformation and various audits
About The Team
eClerx is a global leader in productized services, bringing together people, technology and domain expertise to amplify business results. Our mission is to set the benchmark for client service and success in our industry. Our vision is to be the innovation partner of choice for technology, data analytics and process management services. Since our inception in 2000, we've partnered with top companies across various industries, including financial services, telecommunications, retail, and high-tech. Our innovative solutions and domain expertise help businesses optimize operations, improve efficiency, and drive growth. With over 18,000 employees worldwide, eClerx is dedicated to delivering excellence through smart automation and data-driven insights. At eClerx, we believe in nurturing talent and providing hands-on experience.
eClerx is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, or any other legally protected basis, per applicable law.
