Collateral Management Operator

Resource Solutions - Deutsche Bank
22 Oct 2019
29 Oct 2019
Contract Type

Job Title: Collateral Management Operator
Corporate Title: Senior Analyst
Division: Operations
Location: Birmingham


The Collateral Management function at Deutsche Bank is responsible for one of the largest, cutting edge, global programs in the market. With collateral assets under management commanding a significant position in the market today and the explosive growth in demand for our product, the Collateral Management group continues to offer diverse and challenging roles. Collateral Management is responsible for supporting the collateralisation of the derivatives, repurchase agreements and Foreign Exchange businesses.

Key Responsibilities:

  • Tracking and settling of the client margin management process
  • Reconciling post settlement system breaks/security fails/nostro breaks
  • Fostering strong relationships with internal stakeholders and delivering excellent client service to external counterparties
  • Taking responsibility of reporting for management/business stakeholders
  • Ensuring that risk issues are identified escalated
  • Making a positive impact on the Bank's Profit and Loss and balance sheet by working with Trading, Sales, and Information Technology to improve delivery of a more efficient Collateral solution for the Bank
  • Facilitating of project deliveries - User Acceptance Testing completion
  • Evolving the Collateral function to face incoming regulation and market structure changes
  • Contributing to ongoing projects to reduce complexity and risk within the front to back operating model
  • Publishing Key Operating Procedures and training material to ensure any changes to operating software are communicated and all staff trained with a key focus on risk and control

Skills and Qualifications:

  • Educated to Bachelor's degree level or equivalent qualification/relevant work experience
  • Ability to build partnerships with stakeholders and global colleagues
  • Excellent communication skills, both written and verbal, excellent negotiation skills with strong client focus
  • Knowledge of financial instruments
  • Root cause analysis/analytical problem solving skills
  • Understanding of key risk areas and controls
  • Flexibility to cross train on varied Collateral Management roles across the wider department
  • Motivated and positive attitude
  • Proficiency in all Microsoft Office applications, especially Excel
  • Able to understand and adhere to key regulatory drivers/internal controls