Job Description
Who we are looking for:
We are looking for a candidate with deep experience in Collateral Management to reduce credit risk by exchanging cash/securities with counterparties. Should have knowledge in the end to end functions including Onboarding activities ideally.
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. The critical onboarding process is particularly important.
What you will be responsible for: As Officer you will:
End to End Margin call processing - Process daily margin calls daily for all agreed clients, who will include banks and fund clients and both cash and security margin calls.




Reconcile collateral balances, investigate and solve discrepancies; be the main point of contact/ escalations
Fails investigation - Checking the cash non-receipt reports and the custody settlement system (MCH) and initiating correspondence with the client
Reporting - Generate a variety of reports, which includes client and internal reporting from an access database and Protocol.
Portfolio reconciliations - Completing any daily or ad hoc manual portfolio reconciliations.
Interest Processing - Month end interest statement generation, settling interest, updating interest agreements, and updating and validating interest rates.
Ensure that the team meets accuracy and timeliness criteria.
Carry out responsibilities fairly and impartially; create and maintain an engaged work setting.
Assist in developing and implementing new workflow approaches and methods as well as system enhancements
Collaborate with intern

📌 Collateral Management (Bengaluru)
🏢 State Street
📍 Bengaluru