Associate – GMO Collateral Management

Role Summary

This role is instrumental in ensuring the seamless and accurate execution of global market transactions. The incumbent will be responsible for maintaining operational integrity, mitigating risk, and facilitating efficient end-to-end transaction processing to meet business objectives and regulatory requirements. The impact of this role is critical to maintaining client trust and the smooth functioning of the organization's financial activities in this key market.

Key Responsibilities

Operational Duties / Business-as-Usual (BAU)

• Settlement: Manage and execute the settlement cycle for equity derivatives, stock lending and borrowing, Fixed Income, listed derivatives.
• Treasury Forecasting: Contribute to accurate and timely treasury forecasts by providing reliable data and insights related to expected cash flows and exposures.
• Payment Processing & SSI Management: Execute payments efficiently and accurately, and manage the creation and maintenance of Standard Settlement Instructions (SSIs) to prevent settlement failures.
• Reconciliation: Perform regular and rigorous reconciliations of trades, positions, and cash with external agents, custodians, exchange, regulators and internal systems to identify and resolve any breaks.
• Daily Task Declaration: Accurately and promptly declare all completed daily tasks in the designated operational tool, ensuring complete audit trails.
• Fee Management: Accurately process and reconcile all fees associated with global market and treasury activities.
• Collateral Management: Handle collateral management activities for OTC derivatives and repo.

Governance, Compliance and Risk Management

• Issue Identification & Escalation: Proactively identify, investigate, and escalate any operational issues, risks, or discrepancies to management as soon as detected, ensuring timely resolution.
• Regulatory Reporting: Support the accurate and timely preparation and submission of daily, weekly, and monthly regulatory reports as required by local authorities.
• Operational Excellence: Adhere strictly to all internal controls, policies, and procedures to achieve operational excellence, defined by zero defaults and zero delays in all assigned responsibilities. Update procedures once a year.

Qualifications and Education Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• 3 to 5 years of relevant experience in operations specifically on global markets activities (e.g., Fixed income, equity derivatives, stock lending and borrowing, Fixed Income, listed derivatives
• Proven experience working within a treasury or financial markets operational environment.

Skills and Competencies

Functional Skills (Role-Critical)

• Strong understanding of global markets products and transactions.
• Proficiency in trade lifecycle management.
• Experience with financial reconciliation processes.
• Knowledge of payment systems and processes.
• Familiarity with Global Market operations and collateral management principles.

Transformative Skills

• Automation Mindset: Proactively identify opportunities for automation within daily processes to improve efficiency and reduce manual errors.
• Process Optimization: A strong desire and capability to analyze existing processes, identify inefficiencies, and propose and implement improvements.
• Problem-Solving Skills: Ability to methodically analyze complex issues, identify root causes, and develop effective solutions.
• Attention to Detail: Meticulous approach to tasks, ensuring accuracy and completeness in all operational activities.
• Communication Skills: Clear and concise verbal and written communication to effectively interact with diverse stakeholders.
• Teamwork & Collaboration: Ability to work effectively as part of a team and collaborate with other departments.