Collateral Management Consultant

Job Title

Collateral Management Consultant

• Hybrid:
  Primarily remote, with one onsite day per month required.

• Location:
  
  Chicago, IL (311 South Wacker Drive)

• Inspect system-generated collateral calls for accuracy before issuance.

• Issue and process daily margin calls for bilateral agreements under a CSA, cleared agreements, and affiliate margin.

• Communicate directly with counter parties to ensure proper collateral exchange.

• Post system entries in internal and industry platforms to recognize and settle agreed-upon margin calls.

• Investigate and escalate disputes and discrepancies.

• Settle month-end collateral margin interest with external counter parties and affiliates.

• Perform nightly reconciliations between custodians, counter parties, and internal books/records.

• Identify and escalate system issues to the overnight IT staff.

• Collaborate with internal teams, including Credit, Legal, Finance, and Trading.

• Hours:
  
  7 PM – 3 AM CST (Sunday – Friday)

• Work Week:
  Begins Sunday at 7 PM and ends Friday at 3 AM (supporting Asian and European clients).

• In-person training required.

• Experience:
  
  1+ years in Collateral Management.

• Required Skills:

• Collateral Management

• Finance

• Trading

• Operations

• Reconciliations