Associate, Collateral and Margin Management

Associate, Collateral and Margin Management

Job Level: Associate

Location:

White Plains, NY, US, 10601

Employment Type:

Full Time

Requisition

Salary range: $78,000.00 to $. The specific salary offered will be based on qualifications, experience, and market analysis. The role may also be eligible for an annual discretionary incentive award.

Employees participate in a Hybrid workforce model, providing a combination of remote work and office presence. Employees must live within a reasonable commuting distance of their office location, and hybrid work may not be permitted for certain roles.

• Managing the issuance and booking of daily margin calls for bilateral derivatives.
• Facilitating margin call disputes, reconciliations, and resolution.
• Reconciling non‑cleared derivatives trading per Dodd‑Frank and EMIR regulatory requirements, ensuring portfolio completeness and escalation of threshold breaches.
• Reviewing and tracking daily portfolio differences related to MTM and SIMM exposures.
• Escalating discrepancies appropriately to relevant internal or external parties.
• Assisting with ad‑hoc requests related to management and investigation of operational issues.
• Supporting monitoring of process gaps and making recommendations on technological changes.
• Participating in projects and planning related to industry initiatives and operational efficiencies.

• Bachelor’s Degree, preferably in Mathematics, Finance, Economics, Business, or related area.
• 3–5 years of relevant experience in Banking & Financial Services, ideally in Collateral Management, Liquidity Management, or derivatives operations.
• Understanding of derivative trade structure and trade flow management, especially impacts on daily valuations.
• Knowledge of Credit Support Annex agreements, ISDA conventions, and regulatory rules (CFTC, EMIR).
• Ability to identify inefficiencies and opportunities for automation.
• Excellent analytical, detail orientation, and time‑management skills.
• Exceptional verbal and written communication skills.
• Collaborative working with clients, operations, and technology teams.
• Strong problem‑solving skills for complex, uncertain situations.
• Advanced proficiency in Microsoft Excel.
• Strong organizational and multitasking skills, with independence.

• Experience with Tri Resolve, Acadiasoft, or IMEM.
• Working knowledge of collateral management, margin call processing, and regulatory requirements for non‑cleared margining.
• Knowledge of collateral optimization.

SMBC provides reasonable accommodations for applicants with disabilities consistent with applicable law. If you need an accommodation during the application process, please let us know at