Business Area: Investment Bank  Department/Function Level 1: Investment Bank Middle Office  Department/Function Level 2: Collateral & Margin Services  Primary Location: Mumbai  Individual Contributor Role  About Investment Bank Middle Office :   Investment Bank Middle Office (IBMO) is primarily a first-line of defence control function, tasked with ensuring that the data flowing through the IB infrastructure is complete, timely and well controlled. The IBMO helps to ensure that the downstream functions, can perform their processes with as little additional data verification and cleansing.   About Collateral & Margin Services :   - Collateral and Margin Services (CMS) is a critical risk mitigation function, responsible for safeguarding credit and reputational risk via the management of collateralised trading relationships.   - It is the policy of to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.  Overall purpose of role :   The role requires a strong understanding of the underlying products and an ability to liaise with all areas of the business including Sales, Trading, Middle Office and the clients to ensure issues are resolved in a timely manner.  Key Accountabilities :   - Ensure all Margin calls have gone through required due diligence on data quality and margin policy and sent to client within agreed timeline   - Optimize collateral portfolio view by consolidating collateral positions across iRepo   - Perform controls to ensure all trades subject to margining is captured in the margin process  - Agree tri-party and Stock Borrow of lending collateral requirements with clients and trading desk, answer booking queries from trade capture utility (TCU) teams  - Management Reporting - consolidated reporting & escalation on daily volume and risk issues.  - Provide oversight and escalation of settlement fails, Investigation and resolution of margin call disputes, involving interaction with various internal areas (Front Office, Legal, Credit Risk Management and Operations)  - Responsible for procedure, checklist and process flow updates and is held accountable on governance meetings  - Uphold the controls and procedures for the team, and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary.   - Participation in key industry initiatives, constantly striving to push the team forward.. Drive process improvements within the team to drive efficiency and cost savings:   - Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause.   - Suggest innovative solutions to improve efficiency and provide the VP with a detailed breakdown to quantify the time/ headcount savings from the initiative   Stakeholder Management and Leadership :   - Engage with global CMS leadership team as well as Finance, IT and wider IBMO leads and build strong relationships   - Hire, retain and develop talent in Mumbai/Chennai CMS   - Involve Mumbai/Chennai CMS team in wider Chennai initiatives and community work  Decision-making and Problem Solving :   - Exercise strong judgement skills to make the necessary decisions to address client queries, guide team members to answer complex queries and ensure all high-priority queries are escalated to the management immediately.  - Able to analyze exceptions along with team, find root cause and track resolution and deliver sustainable process and excellence across the functions  Person Specification :   - Bachelor degree or equivalent experience in a securities financing function or other collateral management and margin process  - Direct experience of the fixed income financing functions would be a significant advantage.Broad business and operational knowledge across markets and asset classes is valuable.  - Strong approach to risk management and awareness of control across line functions.  - Excellent interpersonal skills including relationship management, communication and teamwork.  - Strong analytical and problem solving skills. Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks.  - Proactive and positive attitude and desire to make a difference.  - Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output.  - Able to multi-task and prioritise accordingly in a highly pressurised environment.  - Willing to take on responsibility.

Mumbai

Analyst/AVP - Collateral & Margin Services - Investment Banking  

Analyst/AVP - Collateral & Margin Services - Investment Banking   ,Job Description for Analyst/AVP - Collateral & Margin Services - Investment Banking   in Elements HR Services in  Mumbai for (2-11) years of experience. Apply Now!

Job Description for Analyst/AVP - Collateral & Margin Services - Investment Banking   in Elements HR Services in  Mumbai for (2-11) years of experience. Apply Now!