Your new team
Cash & Collateral Management team operates within Middle Office Alternative Investment Services. The team is responsible for calculating all collateral movements required in accordance with the terms specified in the ISDA, PSA and ISMA agreements, as received by IFS. The team monitors cash and collateral payment for trade settlements and ensures that client issues are highlighted and escalated when necessary.

Your new role

Middle Office Specialist - Cash & Collateral, Senior Associate performs the daily Collateral Management and Cash processes in accordance with internal controls and procedures.

Main responsibilities:

• Perform the collateral and cash work flows on allocated clients

• Ensure all daily counterparty statements are received and reviewed by the Team

• Interact on a daily basis with external parties i.e. clients and ISDA counterparts

• Identify trade, Independent Amount (IA) and collateral balance breaks with counterparties

• Ensure all agreed collateral moves are completed, with the appropriate systems updated as record

• Perform daily review for cash & collateral tasks

• Ensure Detailed Checklist is complete

• During the course of normal day to day activities, responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures

• Reporting to Ireland Office: Ensure daily checklist is complete and verify end of day process is completed' Highlight, escalate and report all issues to the client representative in Ireland pertaining to client service. Ensure daily correspondence with the Ireland Office to keep the Operations Manager up to date with relevant issues.

What we value

Previous Level Of Experience:

• In depth knowledge of some OTC product types, collateral, cash and treasury related requirements

• Knowledge of processing functions: cash moves (SWIFT); good understanding of currency settlement and other applicable deadlines; understanding of the process flow from trade inception to close out

Skills and qualifications:

• Strong verbal and written communication skills

• Very good English

• Strong analytical skills

• Ability to perform effectively within strict client deadlines

• Highly numerate

• IT Literate

• Degree in Accounting or Finance or Business related area

What we offer

• Employee savings plan

• Premium life insurance package

• VIP medical package

• Multisport card

• Language classes

• Soft skills trainings

• Technical workshops

• Development sessions with a mentor

• Diversity of opportunities across a range of challenging and highly complex activities

• Technical or leadership career pathway