Job Description
Job Description:
Job Title - Collateral Management
Location - Bangalore
Role Description
Collateral Management's principal function is risk mitigation, covering all currency, equity, rates and credit derivatives as well as FX, repo and commodity products traded across the world.
The Collateral Team's primary role is to aggregate and manage the bank's exposure across its entire collateralized portfolio. The implementation of our effective collateral management agreements with our clients has dramatically reduced the amount of credit risk associated with a transaction. Our successful collateral management program lowers the bank's credit line utilization and significantly reduces regulatory capital charges, which in turn leads to greater trading capacities and higher returns on capital.
The team is responsible for monitoring the feeds & uploading / processing various trades feeds into the Collateral Systems to enable smooth & timely functioning of the various downstream functionalities. Pricing of securities held as collateral, performing reconciliation between various systems. Static data setup for new clients and maintenance of static data.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your Key Responsibilities
Working in a team performing the following functions:
• Uploading trades into the Collateral System.
• Monitoring of feeds from various source systems.
• Reporting breaks to the senior management in terms of missing MTM, large swings in the MTM as compared to previous day & likes.
• Escalation to IT, BAC (Business Area Control), Support teams to ensure timely resolution of discrepancies encountered.
• Security pricing to ensure correct collateral valuation.
• Performing reconciliation between various books of accounts, reporting and investigation of breaks.
• Agreement/Static data setups in Collateral Systems on the basis of executed ISDA, CSA documents.
• Data maintenance tasks.
• Adherence to TAT is of utmost importance.
Handling of various projects initiated by Deutsche Bank & maintaining a progress charter for the same.
Primary Working Relationships
Internal clients including, Margin Managers, Project Stakeholders, Valuations, IT & BAC.
Your Skills & Experience
• Team Player.
• Strong communication skills.
• Fluency in Microsoft Office
• Should be open to working in shifts.
• Ability to understand the working of Derivative Products & related concepts.
• Analytical and problem solving skills essential.
• Good with numbers & logical reasoning.
• 0 – 1 years of operations experience, preferably in collateral management or Derivative Ops or Risk management or Security Operations
How we'll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
Job Title - Collateral Management
Location - Bangalore
Role Description
Collateral Management's principal function is risk mitigation, covering all currency, equity, rates and credit derivatives as well as FX, repo and commodity products traded across the world.
The Collateral Team's primary role is to aggregate and manage the bank's exposure across its entire collateralized portfolio. The implementation of our effective collateral management agreements with our clients has dramatically reduced the amount of credit risk associated with a transaction. Our successful collateral management program lowers the bank's credit line utilization and significantly reduces regulatory capital charges, which in turn leads to greater trading capacities and higher returns on capital.
The team is responsible for monitoring the feeds & uploading / processing various trades feeds into the Collateral Systems to enable smooth & timely functioning of the various downstream functionalities. Pricing of securities held as collateral, performing reconciliation between various systems. Static data setup for new clients and maintenance of static data.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your Key Responsibilities
Working in a team performing the following functions:
• Uploading trades into the Collateral System.
• Monitoring of feeds from various source systems.
• Reporting breaks to the senior management in terms of missing MTM, large swings in the MTM as compared to previous day & likes.
• Escalation to IT, BAC (Business Area Control), Support teams to ensure timely resolution of discrepancies encountered.
• Security pricing to ensure correct collateral valuation.
• Performing reconciliation between various books of accounts, reporting and investigation of breaks.
• Agreement/Static data setups in Collateral Systems on the basis of executed ISDA, CSA documents.
• Data maintenance tasks.
• Adherence to TAT is of utmost importance.
Handling of various projects initiated by Deutsche Bank & maintaining a progress charter for the same.
Primary Working Relationships
Internal clients including, Margin Managers, Project Stakeholders, Valuations, IT & BAC.
Your Skills & Experience
• Team Player.
• Strong communication skills.
• Fluency in Microsoft Office
• Should be open to working in shifts.
• Ability to understand the working of Derivative Products & related concepts.
• Analytical and problem solving skills essential.
• Good with numbers & logical reasoning.
• 0 – 1 years of operations experience, preferably in collateral management or Derivative Ops or Risk management or Security Operations
How we'll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
💡 Quick Summary
Seeking a career-building opportunity? The Senior Operations Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.