A
OTC Collateral Analyst
AllianceBernstein Holding L.P.
Pune, India₹30,000–₹90,000/mo≈ AED 1.3K-4.0K/moToday
IndiaCommunication SkillsAnalytical Problemsolving SkillsUnderstanding Of OTCExchange Traded DerivativesAttention To DetailFull Time
Skills Required
ExcelErpCommunication
Job Description
Job Description As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, AB serves institutions, individuals, and private wealth clients in major markets worldwide. The ambition is simple: to be clients most valued asset-management partner. With over 4,400 employees across 51 locations in 25 countries, people are the advantage. AB fosters a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into the business, or providing thoughtful advice to clients, AB is looking for unique voices to help lead forward. If youre ready to challenge your limits and build your future, join AB.
As a Pune, India based OTC Collateral Analyst in the Derivative Operations department within Global Technology & Operations at AB, you will be responsible for supporting the collateral needs resulting from OTC, Cleared OTC, Exchange Traded, TBA/Pool trading. Your role will involve working closely with the middle office, valuation, and portfolio reconciliation teams while liaising daily with counterparties. Your responsibilities will include assessing if margin calls need to be issued or accepted, determining eligible assets to deliver as collateral, and entering into collateral transactions with counterparties to minimize operational risk. You will collaborate with the front office, legal, and technology teams to support enhancements across applications. This position reports to the manager of the Collateral Management Operation team within the Derivative Operations & Technology Department. To excel in this role, you should be familiar with various OTC derivative products, proficient with PC skills, and comfortable working in a fast-paced environment.
**Key Responsibilities:**
- Daily Margining of assigned Agreements/Relationships
- Contact counterparts to agree on margin calls within the prescribed time frame
- Settlement of margin in Support of Global clients
- Maintain eligibility criteria and customer account master static data as per terms of CSAs, clearing agreements, repo agreements
- Reconciliations of OTC MTM, Minimum Thresholds, and resulting Collateral call
- Reporting of collateral activity
- Ad-hoc projects as needed
**Qualifications Required:**
- Degree in finance, economics, or another relevant discipline
- Preferred 1-3 years experience supporting middle office or collateral operations related to OTC and/or Listed Derivatives on the sell-side or buy-side
- Strong ability to work in a collaborative environment and to present results to both expert and non-expert audiences
- Excellent communication skills - both written and verbal
- Proven Team orientation skills
- General understanding of Risk & PnL
- Strong control focus - ability to understand and highlight operational risk
- A flexible proactive attitude towards work balanced with effective time management and prioritization skills
- Ability to contribute to the ongoing development of processes
- Proficiency of Microsoft Office Applications, specifically Excel
- Motivated, positive can do attitude
- Proven ability to learn quickly
- Bachelors (or equivalent) degree
**Additional Company Details:**
AB is a leading global investment management firm with over 4,400 employees across 51 locations in 25 countries. The company fosters a culture of intellectual curiosity and collaboration, providing an environment where everyone can thrive and do their best work. As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, AB serves institutions, individuals, and private wealth clients in major markets worldwide. The ambition is simple: to be clients most valued asset-management partner. With over 4,400 employees across 51 locations in 25 countries, people are the advantage. AB fosters a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into the business, or providing thoughtful advice to clients, AB is looking for unique voices to help lead forward. If youre ready to challenge your limits and build your future, join AB.
As a Pune, India based OTC Collateral Analyst in the Derivative Operations department within Global Technology & Operations at AB, you will be responsible for supporting the collateral needs resulting from OTC, Cleared OTC, Exchange Traded, TBA/Pool trading. Your role will involve working closely with the middle office, valuation