Senior Collateral Analyst
Wellington Management · Needham, MA · 1 mo ago
FinanceFull-time
About the role
The Derivatives Operations team supports a broad range of post-execution activities, including collateral and margin processing, lifecycle event management, confirmations, and trade messaging for OTC instruments (rates, credit, TRS, options), futures, listed options, cleared OTC, MSFTA, and repo.
Responsibilities
- Calculate, issue, and respond to margin calls for OTC derivatives & MSFTA products
- Process collateral movements (cash and non-cash) and lifecycle events (coupons, interest, etc.) accurately and on time
- Maintain strong documentation, procedures, and a focus on accuracy and quality
- Monitor settlement and reconciliation activity, investigating and resolving failed trades, margin disputes, and valuation differences
- Monitor collateral balances and eligibility schedules, ensuring usage aligns with legal agreements and internal guidelines
- Support regulatory requirements related to margin and collateral (e.g., uncleared margin rules)
- Identify and support front-to-back process improvements, including automation and system enhancements, to strengthen efficiency and controls
- Serve as a subject-matter resource and escalation point for issues raised by internal and external stakeholders, including clients, custodians, accounting agents, trading, and portfolio managers
- Participate in industry working groups to assess new regulatory developments
Qualifications
- Undergraduate degree with a strong academic record
- 4+ years of experience in collateral management
- Strong understanding of OTC derivatives products
- Experience with OTC agreements (ISDA, GMRA/MRA, etc.) a plus
- Strong communication skills, high attention to detail, and an analytical, problem-solving mindset
- Comfortable working in a fast-paced, high-volume environment
- Willingness to escalate issues and propose solutions
- Technical proficiency in Excel; experience with Python and SQL preferred
- Experience with Calypso Collateral, TriOptima, and Acadia a plus
- Experience with agentic applications a plus