Summary The role is responsible for the management, monitoring, and reconciliation of collateral positions across bilateral and REPO agreements, ensuring accurate margining, timely settlement, and strong control over end to end collateral and margin process including fails and settlement breaks. The role supports risk mitigation, regulatory compliance, and efficient post‑trade operations.

- Purpose of the role To support business areas with collateral and margin processing across ISDA, GMRA and GMSLA with margin agreement, bookings, dispute management, settlement, reconciliation, upstream and downstream flows, project management and issue resolution.

Accountabilities

- Understanding of terms in CSA/GMRA related to new Clients and changes to existing to ensure they can be supported for collateral management.
- Manage daily margin process across bilateral, REPO and CCP relationships.
- Ensure all bookings, disputes and payments are processed with accuracy and timeliness.
- Monitor collateral movements, substitutions, disputes, and settlements across eligible collateral types (cash and non‑cash).

· Perform daily collateral reconciliations between internal systems, counterparties, custodians, and agent banks.

· Reconcile cash and securities balances in Nostro and custody accounts.

- Investigate and resolve reconciliation breaks,
- Ensure timely clearance of aged breaks and escalation of high‑risk exceptions.
- Daily management of various data integrity checks and adjustments on legal documentation.
- Oversight over new rules for Initial Margin segregation & Variation Margin. Support any new controls, reporting and processes that need to be put in place to support the new Regulations, like Dodd Frank and the Uncleared Margin Rules, Brexit
- Work on complex client requests, analyse and provide proposal to the business head in terms of collateral acceptability.
- Liaise with the Client, Desk, Sales team, Legal,



Portfolio Reconciliation teams and other departments to resolve outstanding breaks.
- Contribute to the specification and testing of improvements for all systems and processes.
- Uphold the controls and procedures for the team, review and update as necessary.
- Cross training on all functions performed within the team and across the department
- Manage front to end process of team
- Provide the best possible service to both our internal and external clients.
- Uphold the controls and procedures for the team and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary.
- Contribute to process improvements within the team to drive efficiency and cost savings:
- Suggest innovative solutions to improve efficiency and provide the AVP with a detailed breakdown to quantify the time/ headcount savings from the initiative

Analyst Expectations

· Strong experience in Collateral Management and/or Reconciliations within investment banking or financial services.

· Good understanding of CSA/ISDA/GMRA documentation, margining concepts, and collateral eligibility.

· Experience with cash and securities reconciliations, Nostro accounts, and settlement processes.

· Strong knowledge of risk, controls, and regulatory expectations in post‑trade operations.

· Excellent analytical and problem‑solving skills with attention to detail.

· Ability to manage deadlines, prioritize risk, and handle escalations effectively

· This role requires to liaise with global Collateral teams as well as internal Stakeholders and manage expectations.

· The personnel can made routine judgements on issues regarding to the bank per collateral management or credit risk policy, or any complaints from client as well as any breaches in operational control standard. Also must be able to escalated to line manager or/and AVP, VP as required

Key Competencies

- Risk and control mindset
- Strong ownership and accountability
- Clear, qualified communication
- Stakeholder management
- Continuous improvement orientation

📌 Analyst Collateral Management and Reconciliations (Pune)
🏢 Arminus
📍 Pune