Collateral Management Technical Analyst

Contract / Temporary

Job Reference
Collateral Management Technical Analyst
Job Type
Contract / Temporary
WFH / London
Salary Details
up to £550pd + 17.3% PAYE uplift

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Job description

Contract Collateral Management Analyst
International Banking Group – 3 Month Contract initially
PAYE Umbrella: £500-550pd + 17.3% PAYE Uplift
WFH / London Office split TBC

As a preferred and trusted recruitment partner to this international banking group for over eight years, we are assisting in the hire of a contract Collateral Management Analyst within the Settlements, Collateral and Controls area of one of the world’s largest banks.

The main focus of the role is to support the business and the business analysts to understand and resolve issues being faced by the collateral management team. The key piece of software used by the global team is TLM Collateral Management providing margining functionality for OTC derivatives, repo and SBL products. The successful candidate will need to be able to translate the teams issues into technical solutions that can developed in-house or with customisations to the TLM Collateral Management system provided by the vendor.

Responsibilities include:

• Act as the Regulatory Reporting SME to the Reg Reporting Small Change Team, providing analysis and determining requirements to resolve the issues raised to the team.
• Supporting the business and business analysts to understand and document current issues and inefficiencies in the OTC derivative, repo and MBS collateral management process.
• Design technical solutions to resolve business issues that are within the capabilities of the TLM Collateral Management System.
• Upgrading TLM Collateral Management to a later version:
• Configuring all individual software modules
• Upgrading the various databases
• Setup and configuration of IIS websites
• Ownership of executing full UAT & regression testing of the system post upgrade including downstream feeds and outputs.

Skills needed (not all essential):
• Previous experience upgrading and supporting TLM Collateral Management application for OTC derivatives, repo and MBS margining.
• An understanding of collateral management obligations including variation margin, initial margin.
• Product knowledge of OTC derivatives, repo and SBL.
• Experience configuring IIS websites and authentication.
• Strong SQL knowledge including the creation of stored procedures.
• Strong analytical and problem-solving skills.
• Experience with XML and MQ messaging.
• Ability and experience of working under pressure - both autonomously and within a team.