Capital Markets Middle Office Analyst - Collateral Management (19882BR)

  • Competitive Salary
  • Hong Kong
  • Permanent, Full time
  • Wells Fargo Bank
  • 14 Nov 17 2017-11-14

The Collateral Management department supports the collateralization of the derivative, repurchase agreement (repo), forward, and foreign exchange (FX) businesses of Wells Fargo. This group is currently located in Charlotte, Minneapolis, Bangalore and supports nearly 22,000 clients across all businesses product lines, and multiple legal entities. WFCM actions approximately 400 margin calls daily and responsible for the settlement and front to back management of the collateral for those clients.

Job Description -

•Compare trade position files from external counter-parties to resolve timely margin call disputes

•Be the main point of communication between Wells Fargo and it’s client base
•Perform trade decompositions to validate current mark-to-market exposures
•Review and present collateral margin calls and respond the demands submitted by our counterparties
•Work with internal departments (various Middle Offices, Documentation, Marketers, Legal) to resolve all discrepancies
•Produce and distribute ad-hoc reporting requirements to clients
•Cross-train future staff members to assist and independently perform daily Derivative Collateral Management margin responsibilities
•Consistently seek opportunities to improve processes, controls and procedures within the Collateral Management team
•Partner with the project team to develop requirements for system enhancements and assist with user acceptance testing

Job Requirement -

•1+ years of applicable Derivative Collateral Management margin experience
•College degree with concentration in finance and business
•Great communication (oral and written) skills
•Understanding of Calypso, Imagine, Opics, Endur, and other mainframe trading systems
•Firm understanding of derivative trading (Interest Rate Swaps, Swaptions, Floors, Caps, Commodities Cross-currency, FX, Equity, etc.) mechanics and payment reset schedules
•Knowledge of and possess ability to interpret executed International Swaps and Derivatives Association Master Agreements and Credit Support Annex documents
•Self-starter and aggressive work ethic with self-discipline follow up skills
•Experience with Lombard’s Colline Collateral Management platform is a plus

Please submit your application online via our website at by entering the Requisition ID (19882BR) for International Job Search.
Applications received will be kept confidential and used for employment purposes only. Applicants who are not contacted within 8 weeks may consider their applications unsuccessful. The Bank will retain their applications for a maximum of one year and may refer suitable applicants to other vacancies within the Bank.

Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.