Associate - Collateral and Client reporting management Middle Office

Crédit Agricole CIB

  • Hong Kong
  • Permanent
  • Full-time
  • 2 months ago
** This position will be under the Employee Referral Program in Hong Kong.SummaryWithin, Operations, Premises & Country COOs (OPC) based in Hong Kong, Capital Market Operations (CMO) teams are responsible to process the transaction activities for Credit, Rates, FX/MM, Securities and Equities for multiple geographies (APAC and EMEA). There are 2 teams under CMO HK in charge of:
  • Capital Market Middle Office (CMM)
  • Capital Market Back Office (CMB)
Capital Market Middle Office team in HK is around 40 staffs and 6 sub-teams:
  • MO Sales and Collateral, Client Services: In charge of deals originated by Sales including Trade validation, allocations, MTM reporting and collateral management
  • MO IRD/ EIS: In charge of Interest Rate and Equity Derivatives.
  • MO FX/MM/ Credit: In charge of Foreign Exchange, Money Market and Credits
  • MO Post Trade: In charge of the processing activities from FO systems to BO systems
  • MO Reconciliation: In charge of the various reconciliation (FO-BO; FO-FO,…)
  • MDA: In charge of Market Data activities
This role is within the Capital Markets Middle Office Collateral and Client reporting teams supporting the Global Markets business.Key Responsibilities
  • Collateral and MTM client Management: Manage the Margin calls; Notification, confirmation and settlement; Reconciliation and disputes
  • Follow-up on unusual counterparties behaviour and margin call discrepancies
  • Contracts setup and liaison with the various teams involved, setup in the systems
  • Co-ordinate with Front Office, Risk and other concerned departments to setup client desk and issue Mark-to-Market statements to clients
  • Perform daily controls
  • Assist the Line manager in supervising the day-to-day activities
  • Follow-up on query from clients
  • Assist in system enhancement, UAT testing, New product onboarding for Collateral mgt process.
  • Handle Audit confirmation for capital market transactions booked in HK
  • Participation in the drafting and/or updating of operational procedures.
  • Manage operational risk with a duty to alert Management.
Personal data provided by job applicants will be used strictly in accordance with the employer's personal data policies, a copy of which will be provided immediately upon request.La version française est disponible sur demande à votre RH localeSupplementary InformationCommunication
  • Key Internal Contacts: Front-Office, Middle-Office, Back Office,Compliance, Risk & Permanent Control, MAM and IT support teams globally
  • Key External Contacts: Interbank clients, Corporate clients, auditors
Systems Used
  • Internal: GV Collat, MtM Client, Calypso, Calypso Bond, Orchestrade, APEX
  • External: MS Office, Reuters, Bloomberg, Acadia
Position locationGeographical areaAsia, Hong KongCityHONG KONGCandidate criteriaMinimal education levelBachelor Degree / BSc Degree or equivalentAcademic qualification / SpecialityDegree preferably in a Finance, Mathematics or EngineeringLevel of minimal experience6-10 yearsExperience
  • Minimum 6-8 years' experience in Collateral Management, MTM reporting activities
  • Experience in Collateral Management, MTM Client reporting is must
Required skills
  • Good analytical, organizational and interpersonal skill
  • Comfortable with multi-tasking and able to work independently with minimal supervision.
  • Strong attention to details and a self-starter who is highly motivated.
  • Good judgement, alertness and common sense
Technical skills required
  • Good knowledge of financial products and understanding of the operational risks involved in OTC Derivatives, Repo's, MTM, Collateral management process
  • Good understanding in financial products and the operational risks involved in FIM products
  • market knowledge
  • Versatile with PC tools and applications, e.g. MS Office, VBA
LanguagesFluency in English. Proficient in French or other Asian languages a definite advantage

Crédit Agricole CIB