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Collateral Management Associate

Jefferies · Jersey City, New Jersey, United States

FULL TIME

Job Description

Jefferies OTC Collateral Management Position: Collateral AssociateThe candidate for the Collateral Associate position must exhibit a strong understanding of Collateral Management Operations and its application to the CFTC and SEC bilateral Non-Cleared Swap transactions by carrying out Jefferies Policy and Procedures in conjunction with ISDA best practices.

Make sure to read the full description below, and please apply immediately if you are confident you meet all the requirements.
The Collateral Management team is responsible for the margining of the following business streams:Repo FinanceOTC Swaps (CFTC Covered, SEC Security Based Swaps and OTC Options)TBA-Covered Agency (Forward Settling transactions)
The Collateral Associate will be responsible for daily processing of OTC Swap, Repo and TBA Collateral Call issuance as well as confirming and processing of Anticipated Demands for Counterparty Collateral. In addition, the Collateral Associate will initiate collateral transfer payments and receipts for Liquidity Management, month-end Collateral Interest processing, and portfolio reconciliation. The candidate should have exposure and understanding to the following derivatives products:Foreign ExchangeFX OptionsIR SwapsCredit Default Swaps (single name)Credit Default Index (CDX)Total Return SwapsEquity SwapsOTC Equity Options
Must be a team player able to work in a fast-paced environment and provide excellent service to internal and external customers; exposure to Smartstream TLM Collateral, AcadiaSoft, TriOptima triResolve, and Broadridge is a plus. xzbcwsv Should exhibit excellent interpersonal and PC skills.
Location: Jersey City Salary Range: $90,000-$100,000

Details

CompanyJefferies
LocationJersey City, New Jersey, United States
TypeFULL TIME
Nichefinance

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