Head of Collateral Management Operations

  • Job Reference: 1108655262-2
  • Date Posted: 8 September 2023
  • Recruiter: Crédit Agricole CIB
  • Location: New York
  • Salary: On Application

Job Description


This individual is responsible to the day to day operations of the Collateral management team in NY. This individual will also keep current an any new regulatory requirements pertaining to the Collateral management function and working with Global Collateral management in Paris to ensure compliance. This individual is also responsible for Front Office interface when dealing with client issues and Onboarding of new clients to the collateral management function.

Key Responsibilities:

Perform/Supervise production

Supervise Controls

Daily Portfolio reconciliation per DFA/EMIR requirements

MTM Client support function in NY

Daily Collateral management function (required margin calls etc.)

Client MTM function in the NY time zone

Point of contact for GMD front office for collateral management related issues

By effective implementation of the Collateral Management function work closely with Front Office and Risk department to reduce risk by collecting all required margin per Frim policy.

Management and Reporting

Global reporting line to CMO Global Head of Collateral Management

Local reporting to Head of CMO Americas

Key Internal contacts:

GMD sales/COO

Collateral Management Paris


NY Compliance/Legal

Back Office


Key External contacts:

Industry organizations

GMD clients

Knowledge and Skills Requirements:

Bachelors Degree

5+ years in the field of Collateral management or equivalent at a major financial institution

Strong project management skills

Strong problem solving and analytical skills

Strong knowledge of applicable regulatory requirements ( ie EMIR and DFA compliance as it pertains to the Collateral management function)

Strong communication and transparency with regional and global functions management