Job Title: OPS-GMO / Collateral Management
Country: IN
City: Mumbai
Skill Category: Operations
Divisional Overview
Global Middle Office (GMO) is a control function focussed on the integrity of key transactional, risk and financial data and reporting. GMO will also perform an Advisory role partnering with the business and management to help deliver the firm-wide strategy. To achieve this GMO will leverage the latest Digital Innovation & Automation (DI&A;) opportunities to optimize GMO's efficiency and operating model. Key Responsibilities include:
- Data Management: Providing a complete and validated data set of transactional information, efficiencies in the production and proactive management of these data sets
- Control: Provide assurance on accuracy of firms financial statements through daily PL validation, Risk Model inputs, Proactive management of internal inventory and collateral obligations to ensure key liquidity / collateral requirements are optimized
- Advisory: Provide business support and oversight on new products/transactions, financial resources, liquidity management and trade bookings. Propose and implement FTB process improvements; institute performance analytics; and help navigate regulatory, industry and account changes
Primary Responsibilities
- Manage daily collateral operations for OTC derivatives and securities financing transactions
- Monitor and process margin calls for bilateral and triparty arrangements
- Reconcile collateral positions across counterparties and internal systems - Review and negotiate collateral terms in Credit Support Annexes (CSAs) and other legal agreements
- Resolve collateral disputes with counterparties
- Optimize collateral allocation and utilization-
- Understand of CCP funding and processing of cleared calls
Key Functions
- Calculate exposure and collateral requirements - Process margin calls within agreed timeframes
- Funding CCP/Exchange within agreed timelines
- Manage relationships with custodians and counterparties
- Ensure compliance with regulatory requirements (e.g., EMIR, Dodd-Frank)
- Monitor collateral eligibility and concentration limits
- Generate and review daily collateral reports
- Coordinate with various internal teams (Trading, Risk, Legal, Operations)
Required Skills
- Strong understanding of OTC derivatives and collateral management
- Knowledge of financial markets and instruments
- Proficiency in collateral management systems
- Excellent analytical and problem-solving abilities
- Robust communication and negotiation skills
- Attention to detail and accuracy
- Experience with regulatory reporting requirements
Qualifications
- Bachelors degree in Finance, Economics, or related field
- 5+ years experience in collateral management or similar role
- Understanding of ISDA documentation and CSAs
- Knowledge of relevant regulations and market practices
- Experience with major collateral management platforms
Additional Requirements
- Ability to work under pressure and meet deadlines
- Strong project management skills
- Experience with process improvement initiatives
- Knowledge of risk management principles
- Understanding of front-to-back-office operations
This role typically reports to the Head of Collateral Management or Operations and requires collaboration with multiple stakeholders across the organization.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 OPS-GMO / Collateral Management Professional (Mumbai)
🏢 Nomura
📍 Mumbai