(Senior) Banking Operations Specialist In OTC Derivatives Margining

(Senior) Banking Operations Specialist in OTC Derivatives Margining #185203Numer ref.: 185203

OTC Derivatives Margining is an exciting role, that operates in a highly regulated and dynamic environment covering multiple front to back elements of daily margining activities (direct client interaction, controls, payments processing and validation, reconciliations and query resolution with internal partners and external clients). Margin Services have a great track record of embedding new process streams and functionalities into the existing BAU and we continue being at the forefront of implementing modern technologies into the margin process including the recent implementation of Margin Process Automation, Natural Language Processing and Machine Learning.

This gives you an outstanding opportunity to learn how Investment Bank operates, expand your knowledge about the industry and to further grow your personal and professional skillset.

 

Key Objectives/Responsibilities:

• Managing margin process for the OTC derivative set of products – issuing/responding to client margin calls, managing daily flow of payments & securities.
• Extensive cooperation with Front Office, Trade Management, Legal, Credit Risk Management, Product Control.
• Relationship management – daily engagement with key external partners (financial institutions & business partners across the globe), managing clients’ expectations.
• Investigation and reconciliation of client portfolios aligning MTM’s and mitigating the firm’s risk.
• Control Environment – focus on control aspect of the role, timely resolution of breaks and a full understanding of operational risks

Main responsibilities include:

Group Operations carries out high quality and efficient banking services to clients across the Business divisions ensuring an excellent execution of millions of transactions daily. We operate globally in four regions – 'Switzerland', 'APAC', 'Americas' and 'UK Entities, Wroclaw & Dublin'.

We apply a continual focus on improving productivity and efficiency while seeking new and innovative ways to support clients' changing needs.

We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values.