Collateral Analyst

  • Pensions
  • Edinburgh, Scotland, United Kingdom
  • Permanent, Full time
  • HSBC Bank plc
  • 14 Apr 19

This role sits in the Collateral Management team within the Derivatives Middle office function of HSBC Securities Services

Collateral Analyst

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If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

This role sits in the Collateral Management team within the Derivatives Middle office function of HSBC Securities Services. The Collateral Management team is responsible for the credit risk mitigation of traded derivatives through the collateralisation of OTC/Repo products by performing full third-party collateral management activities on behalf of our institutional client base. Specifically, the employee will be expected to

Role Purpose

This role sits in the Collateral Management team within the Derivatives Middle office function of HSBC Securities Services. The Collateral Management team is responsible for the credit risk mitigation of traded derivatives through the collateralisation of OTC/Repo products by performing full third-party collateral management activities on behalf of our institutional client base.

Key Accountabilities

  • Manage client/counterparty set up in line with the ISDA/CSA & monitor data feeds.
  • Calculate daily exposures & agree on accurate collateral requirements with counterparties.
  • Disputes management.
  • Excellent communication skills required for substantial client interaction and to work with internal and external stakeholders to close out any client/counterparty queries.
  • Follow up on collateral fails/non-receipts, provide daily reporting and meet KPIs in line with our service level agreement.

Knowledge and Experience

  • Collateral Management knowledge/experience is desirable but not necessary.
  • Good understanding of Over the Counter (OTC) Derivatives products and Regulations affecting the market.
  • Strong client service attitude and communication skills for internal / external relations.
  • Solution oriented approach with proven ability to work accurately under pressure, multi-task and handle ambiguity.
  • Quick learner with excellent attention to detail & Strong analytical skills.
  • University Degree is preferred & CISI/IMC qualifications are desirable.
  • Advanced Excel skills an advantage.

For further details and application information please visit our careers site, searching under reference number 0000CAK3

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