Collateral Management / Assistant Vice President - £320 per day

00250755

PROFILE:

Generic Job Description: with deep knowledge and experience, gained within Investments and Banking operations. Successfully covered a wide range of functions and products including OTC and F&O Collateral Optimisation, Prime Brokerage, Stock Loan, Repo, Funding, Settlements and Reconciliations. Completed a number of projects which focused on improving processes and reconciling historic breaks.

TECHNICAL SKILLS:

  • Microsoft Office (Excel, Outlook, Word), Colline, Quasar, Algo, GMI, Apollo, CMMD, GRS, JCash as well as Crest, Euroclear, Bloomberg and various CCP Portals (LCH, ICE, CME): Strong written and verbal communication skills.

CAREER HISTORY:

March 2024 – Present

Banking (contracting)

Collateral Team

  • Approving and releasing daily OTC and REPO margin calls for IM and VM using Colline.
  • Portfolio Reconciliations and analysis via Tri-Resolve
  • Cash reconciliations across all products.
  • EMIR portfolio distribution and manual reconciliations
  • LCH Clearing margin bookings and reconciliations.

April 2023 – February 2024

Banking

Collateral Analyst

December 2017 – April 2023

Banking

Collateral Analyst

Margin Manager:

  • Processing daily OTC and REPO margin calls across all LGIM Funds using Colline.
  • Process client calls/responses via Acadia and Quasar (in house).
  • Stock and Cash Fails management.
  • Monthly cash interest across all funds.
  • Reconcile disputes and collateral balances to ensure portfolios align.
  • Create procedure docs for amendments and new processes.

Previous Roles/Key Projects:

  • Trade Authorising (Colline/Quasar) and funding processes to ensure funds aren’t overdrawn.
  • Custody stock fail clean-up project (lock down)
  • Historic interest reconciliation and clean-up process

July 2007 - July 2017

Banking

Collateral Operations and Funding Desk

Analyst - Collateral Optimisation and Funding Desk:

  • For Collateral Optimisation, worked closely with the FVA, CVA and Repo desks.
  • Security Optimisation bookings OTC and F&O – escalation point of contact for offshore team.
  • Reported all Fails to senior Management, attended weekly calls to discuss breaks.
  • Managed daily cash funding requirements of nostros and associated reconciliations.
  • Created procedures for all tasks covered by the desk and trained new starters.

Key Projects:

  • Reconciliation Clean Up Project
  • In 2007/8 Cleared 250+ historic breaks within Recon application
  • Implemented new processes and procedures.

June 2004 - July 2007

Banking - Stock Loan

PB Settlements analyst

  • Crest Settlements for Stock Loan and Prime Brokerage clients. DBV Crest agreements.

March 2004 - June 2004

Clearing company (contractor) - UK Settlements Team

  • UK Settlements, Crest matching and trade reporting

January 2004 – March 2004

Financial services

Arbitrage Settlements Team

  • Agreed and booked Arbitrage stock moves in Euroclear to flatten positions. Reconciled stock positions in Recon.

August 2000 - December 2004

Investment management

Crest Funding and Settlements clerk.

  • UK Crest Settlements Matching and Funding. Bank reconciliations and Ledger entry. Designed and maintained Funding spreadsheet and trained Dublin team prior to UK settlements role migrated to Ireland. Euroclear settlements and Repo trade matching.

January 1996 - August 2000

Financial services

Control and reconciliation Analyst.

  • Banked client dividend cheques and reconciled against Manual ledgers. Crest reconciliations and stock transfers. Trade unwinds and rebooking’s for clients on shared G2/Nexus system.

May 1993 - January 1996

Investment management

Unit Trust settlements clerk

  • Unit Trust reconciliations and Funding Role. Making payments and producing Dividend Cheques for clients. System to confirmation reconciliations.

QUALIFICATIONS:

  • National Diploma in Business + Finance (BTEC)
  • 9 GCSE including English (B) and Maths (C)

INTERESTS:

I enjoy running and have completed 11 marathons in the last 10 years for various charities. I also play local Saturday league football at amateur level. Am also a keen Golfer.

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