Who we are looking for:
We are looking for a candidate with experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties. Should have knowledge in calculations based on MTM and results in sending Margin calls. The position will contain a basic training to carry out activities by working both remotely from home and from office.
Why this role is important to us:
Collateral management main focus is to reduce credit risk by exchanging eligible cash or securities between counterparties. The daily calculations are based on MTM of the underlying trades and results in sending Margin Calls, which in turn lead to agreeing transfers. Based on the agreements between our clients and the counterparties the Collateral team in India ensures that all the exposures are fully collateralized and the agreed collateral transactions settle as agreed.
What you will be responsible for:
As Associate you will:
Complete all assigned tasks accurately and in a timely manner
Answer margin calls and queries from different departments
Reconcile collateral balances,



investigate and solve discrepancies; be the main point of contact/ escalations
Review and document process flows/procedures and contribute in new improvement ideas to further streamline the operational process
Get involved in departmental ad-hoc projects
Ability to take ownership and initiative
Preferred 1-2 years of experience in financial or business services
Get involved in the training and development of other team members
Prepare and review monthly internal and external statistics
Support onboarding of new processes, clients etc.
Support manager; prepare and plan workload
Reply timely and with qualified manner to queries via different communication channels
Coordinate escalations, make sure no queries and tasks as unanswered
What we value:
These skills will help you succeed in this role:
Numeracy skills; attention to details
Accuracy and ability to work with tight deadlines
Very good

📌 Collateral Management, Associate 2 (Bengaluru)
🏢 State Street
📍 Bengaluru