Reference Data Management, Senior Associate

Who We Are Looking For

We are seeking a motivated operations professional with experience in Collateral Management, Margin Processing, Mark-to-Market (MTM), Margin Settlements, and Reconciliations. The successful candidate will support the daily management of collateral obligations across OTC derivatives, securities financing, and other margining activities while ensuring compliance with internal controls and regulatory requirements.

Why This Role Is Important to Us

The team you will be joining is part of Global Markets Operations, supporting the firm's collateral management activities across global markets. The team is responsible for mitigating counterparty credit risk through the timely exchange of collateral and ensuring compliance with applicable regulatory and contractual obligations.

Our services support some of the largest institutional clients, financial intermediaries, and investment managers globally. Join us if you are looking to build expertise in financial markets, risk mitigation, and collateral operations within a dynamic and fast-paced environment.

What You Will Be Responsible For

Core Responsibilities

• Process and monitor daily margin calls, collateral movements, and mark-to-market activities across OTC derivatives and securities financing products.
• Calculate, issue, and respond to margin calls in accordance with relevant CSA, ISDA, GMRA, and other collateral agreements.
• Monitor collateral settlements and ensure timely receipt and delivery of collateral assets and cash transfers.
• Investigate and resolve margin call disputes, settlement breaks, and reconciliation exceptions in a timely manner.
• Perform daily collateral reconciliations between internal systems and counterparties.
• Liaise with counterparties, custodians, traders, treasury teams, and internal stakeholders to resolve operational issues.
• Monitor aged margin calls and collateral balances, ensuring timely escalation of unresolved items.
• Validate collateral eligibility, concentration limits, haircuts, and other collateral agreement requirements.
• Support daily funding and cash management activities related to collateral movements.
• Ensure all transactions are processed accurately and within defined service level agreements.
• Maintain accurate records and supporting documentation for operational, audit, and regulatory purposes.
• Assist with management reporting, operational metrics, and control reporting.
• Support regulatory margin requirements and operational processes related to UMR, EMIR, CFTC, and other applicable regulations.
• Identify processing issues and escalate risks, control breaches, or operational concerns to management promptly.
• Participate in testing activities, system enhancements, and process improvement initiatives as required.

What We Value

These Skills Will Help You Succeed in This Role

• Understanding of OTC Derivatives, Securities Financing Transactions (SFTs), and Collateral Management processes.
• Knowledge of Margin Calls, Mark-to-Market, Collateral Settlement, and Reconciliation processes.
• Strong analytical and problem-solving skills.
• Ability to investigate and resolve breaks, disputes, and operational exceptions.
• Strong communication and stakeholder management skills.
• Excellent attention to detail and ability to work under strict deadlines.
• Proficiency in Microsoft Excel and reporting tools.
• Ability to work effectively in a high-volume, risk-controlled environment.
• Strong organizational and time management skills.
• Flexibility to work across global markets and time zones.

Shift Flexibility

• EMEA: 02:00 PM – 11:00 PM IST
• US: 06:00 PM – 03:00 AM IST

Education & Preferred Qualifications

• Bachelor's degree in Finance, Commerce, Accounting, Economics, Business Administration, or a related field.
• 2–4 years of experience in Collateral Management, Margin Operations, OTC Derivatives Operations, Reconciliations, or Securities Finance Operations.
• Working knowledge of collateral agreements including CSA, ISDA, and GMRA.
• Understanding of margin methodologies, collateral management lifecycle, and counterparty credit risk mitigation.
• Knowledge of regulatory frameworks such as UMR, EMIR, CFTC, or equivalent regulations is advantageous.
• Experience supporting APAC, EMEA and/or North American markets is preferred

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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