Collateral Analyst
BNP Paribas Personal Finance
Montreal, Quebec, Canada
5d ago

Responsibilities

  • Minimize the bank's risk by making required margin calls in accordance with signed agreements or long form confirms and internal credit / audit guidelines.
  • Maintain a working understanding of ISDA / CSA collateral agreements
  • Verify that all manual adjustments are captured prior to margin call processing
  • Ensure that all margin calls are issued and responded to meeting agreement deadlines
  • Research, reconcile and resolve margin call disputes with counterparties
  • Notify the Risk IM team on outstanding margin call disputes
  • Work closely with Front, Middle and Back offices
  • Confirm and process collateral movements in a timely manner
  • Investigate control reporting breaks
  • Process and reconcile monthly collateral interest
  • Accurately prepare daily reports for review by Senior Management
  • Escalate unresolved issues to management
  • Qualifications :

  • Bilingual English / French
  • Four year college degree preferred.
  • Previous Collateral Management experience a plus.
  • Candidates should have working knowledge of OTC Derivative and / or Repo markets.
  • Collateral agreement (ISDA / CSA / Repo) knowledge a plus.
  • Algo, BONY GSCX, Acadiasoft and TriOptima system experience a plus.
  • Strong analytical and working knowledge of Microsoft Office. Ability to build Excel based solutions to improve efficiencies / controls.
  • Necessary characteristics include : track record of mitigating operational risk attention to detail, high degree of accuracy customer service etiquette strong communication skills (oral & written) sense of initiative, ability to work under pressure in a fast paced environment. .
  • About BNP Paribas

    With more than 200,000 employees in 72 countries, the Group serves nearly 32 million individual customers and 850,000 professionals, entrepreneurs, SMEs and large companies.

    BNP Paribas is a leading bank in the euro zone and a leading international banking player.

    Did you know? In 2019, BNP Paribas named Worlds Best Bank for Corporate Responsibility 2019

    About BNP Paribas in Canada

    With more than 900 employees, BNP Paribas Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world.

    We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

    A recruitment policy that promotes equality and diversity :

    BNP Paribas is an equal opportunity employer. BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, sex, disability, age, and other protected status (Employment Equity Act).

    Part of BNP Paribas dedication to diversity, multiculturalism and inclusion is clearly reflected on how we believe and live diversity and inclusion all together.

    As such, one of BNP Paribas initiatives is hosting Employee Resource Groups (ERGs) which are focused on equality of gender, sexual orientation and learning from other cultures.

    We can assist with access to job offers for people with disabilities who may be unable to use our career site - please contact us by email canada recrutement at ca.

    bnpparibas (dot) com or by phone on 514-285-6000

    Want to know more about the BNP Paribas Group?

    https : / / group.bnpparibas / en / group

    Only selected applications that meet the requirements of the role will be contacted

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