Job Description
Operations Associate| 12 Month Contract | (Inside IR35) | Hybrid (Glasgow, 3 days pw) | Starting ASAP
Day Rate: £115
Job Description:
Harvey Nash's Financial sector client is recruiting a Operations Associate. Collateral Operations are responsible for managing the credit exposure of OTC derivative and repo transactions across multiple businesses at bank, including Fixed Income and Equity Derivatives. The team is a global group with offices in London, Glasgow, Mumbai, Bangalore, New York, Baltimore, Tokyo and Hong Kong and has a combined staff of approximately 220+ individuals. There is currently a position available for an individual at the associate level, within the Collateral Operations team in Glasgow. The successful candidate will be working in a dynamic and challenging environment, covering the day-to-day collateral dispute management process.
Main Duties:
You will be responsible for the management of collateral disputes with Institutional/Hedge Fund counterparties. The candidate will support disputes both on Variation Margin and Regulatory Initial Margin required under Uncleared Margin Rules (UMR). Products supported are very broad, encompassing FX, Credit and Rates Derivatives, Commodities, Repo and Equity Derivatives.
Responsibilities of the role include:
1. Manage collateral disputes w...