What Youll Be Doing (position summary):

The Collateral Specialist is responsible for supporting the effective execution of collateral and margin management activities for OTC derivatives, with a focus on daily margin call oversight, exposure monitoring, dispute resolution, and collateral settlements. The role contributes to the organizations risk management and regulatory compliance objectives by helping ensure accurate, timely, and well-controlled collateral operations across internal stakeholders and external counterparties. This position also supports margin workflow efficiency, operational integrity, and post-trade processing activities through the use of industry platforms and strong analytical discipline.

At CIBC India we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (including on-site and work from home) will be discussed at the time of your interview.

How Youll Succeed (responsibilities):

CROSS-FUNCTIONAL RELATIONSHIPS:

- Manage daily margin call processes for OTC derivatives, including review of exposure calculations, issuance and receipt of calls, collateral movements, and follow-up with internal and external counterparties
- Monitor collateral balances and margin requirements to support timely and accurate processing of variation margin and, where applicable, initial margin obligations
- Investigate, analyze, and resolve margin disputes and reconciliation breaks in a timely manner, escalating material issues in line with internal procedures
- Support daily workflow execution in Acadia, including exception monitoring, break investigation, margin requirement review, and process follow-through to completion
- Coordinate with Trading, Operations, Risk, Treasury, Finance, Legal, and external counterparties to ensure effective communication and issue resolution
- Assist in collateral settlements, reconciliations, and control activities to maintain operational accuracy and reduce settlement risk
- Support portfolio reconciliation, optimization, and related post-trade processing activities, including interaction with tools such as Tri Optima where applicable
- Apply knowledge of SIMM and regulatory initial margin requirements to support the calculation, monitoring, and management of initial margin exposures and related operational processes
- Review and support coupon-related activity and assess its impact on settlements, reconciliations, and collateral balances
- Support the processing and monitoring of interest receivables and payables for cash collateral, including awareness of operational and financial impacts
- Maintain adherence to internal controls, audit requirements, risk policies, and applicable regulatory obligations
- Identify process improvement opportunities to enhance efficiency, control effectiveness, and service quality within the collateral management function
- Collaborate closely with Trading teams to resolve exposure-related queries, margin disputes, and collateral activity impacting trading portfolios
- Partner with Risk Management teams to support margin methodologies, exposure analysis, initial margin monitoring, and control oversight




- Work with Operations and Settlements teams to ensure accurate and timely movement of collateral and resolution of settlement exceptions
- Liaise with Treasury and Finance teams regarding cash collateral balances, funding considerations, interest receivables/payables, and related reconciliations
- Engage with Legal and Compliance teams on documentation, regulatory requirements, and adherence to applicable collateral management frameworks
- Maintain regular communication with external counterparties, custodians, and service providers to support margin calls, reconciliations, dispute resolution, and post-trade activities
- Coordinate with Technology and Change teams on system issues, workflow enhancements, and implementation of process improvements impacting collateral operations

COMPLIANCE REQUIREMENTS/RESPONSIBILITIES:

- As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines, and controls

AUTHORITIES/DECISION RIGHTS:

JOB DIMENSIONS:

- As a key contributor to the business unit, this job has the authority to recommend changes to business processes to enhance operational efficiency and effectiveness.
- Supports daily collateral and margin management activities for OTC derivatives across assigned portfolios and counterparties
- Operates in a controlled environment with direct impact on counterparty exposure management, regulatory compliance, and operational risk mitigation
- Requires regular interaction with multiple internal functions and external counterparties across different time zones
- Contributes to the accuracy of variation margin and, where applicable, initial margin processing through disciplined execution and issue resolution
- Supports the use of key collateral platforms and post-trade tools, including Acadia and, where applicable, Colline and Tri Optima
- Expected to identify exceptions, analyze root causes, escalate issues appropriately, and contribute to process improvement initiatives
- Scope may include support for coupon impacts, collateral interest processing, and regulatory margin obligations, including SIMM-based initial margin activity

Who You Are (skills/qualifications):

- Bachelors degree in Finance, Accounting, Economics, Business, Mathematics, or a related discipline
- 2+ years of hands-on experience managing margin calls for OTC derivatives, including daily oversight of exposure calculations, dispute resolution, collateral movements, and timely communication with internal and external counterparties
- 2+ years of practical experience using Acadia, with the ability to support margin workflows, monitor exception activity, investigate breaks, and help ensure accurate and timely processing of margin requirements
- Experience using Colline,



with familiarity in collateral and margin management workflows
- Experience with Tri Optima, particularly in relation to portfolio reconciliation, optimization, or broader post-trade processing activities.
- Strong knowledge of OTC derivatives collateral management, margin processes, exposure management, dispute handling, and collateral settlement operations
- Working knowledge of Acadia, including support for daily margin workflows, exception monitoring, break investigation, and operational processing
- Familiarity with Colline and its use in collateral and margin management processes.
- Familiarity with Tri Optima, including portfolio reconciliation, optimization, and related post-trade activities
- Working knowledge of SIMM and its application to Initial Margin, including an understanding of how regulatory initial margin requirements are calculated, monitored, and managed
- Understanding of the coupon process, including how coupon-related activity may impact settlements, reconciliations, and collateral balances
- Understanding of interest receivables and payables for cash collateral, including collateral interest calculations and associated operational impacts
- Strong analytical and problem-solving skills, with the ability to investigate exceptions, interpret exposure differences, and resolve operational breaks efficiently
- Effective verbal and written communication skills, with the ability to interact professionally with counterparties and cross-functional internal teams
- High attention to detail, strong organizational capability, and the ability to manage competing priorities in a time-sensitive environment
- Working knowledge of risk, controls, regulatory expectations, and operational best practices relevant to collateral and margin management
- Proficiency in Microsoft Excel and standard operational/reporting tools used in capital markets environments.

What CIBC India Offers:

At CIBC India, your goals are a priority. We start with your strengths and ambitions and strive to create opportunities to tap into your potential. We aspire to give you a career that goes well beyond your compensation.

- We work to recognize you in meaningful, personalized ways including competitive fixed pay, performance-based incentive programs, a family-first perks program, employer contributions for your retirement, attractive time off and leave offerings, wellbeing support, and Moment Makers, our social, points-based recognition program
- Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients worldwide
- We cultivate a culture where you can express your ambition through initiatives like Purpose Day, a paid day off dedicated for you to use to invest in your growth and development

Privacy:

By proceeding with the creation of a profile and submitting an application in response to this job posting, you acknowledge and agree that your personal data will be collected, used, retained and disclosed by CIBC India and its affiliates, as described in the Candidate Privacy Statement.

📌 Collateral Specialist, OTC Derivatives (India)
🏢 CIBC India
📍 India