CAREER PORTAL

Regulatory Margining Specialist (Prime Brokerage, Collateral Management)

Title: Regulatory Margining Specialist (Prime Brokerage, Collateral Management)
Location: NYC
Schedule: Hybrid
Duration: 1 year Contract w/ Fulltime conversion

Summary:
This role is to primarily supports Prime Services and Collateral Management and Funding business lines. Responsibilities include managing Cash Prime Brokerage, Repo and Securities Lending margining activities. An understanding of US regulatory margin practices within the Prime Services space is a must have for this role.

Typical Day in Role:
• Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge
• Support and oversee the daily margining activities within the aforementioned product classes, both from a bilateral and Tri-Party perspective
• Understand how the Banks risk appetite and risk culture should be considered in day-to-day activities and decisions
• Eeffectiveness of day-to-day business controls to meet obligations with respect to operational risk, regulatory compliance risk, AML/ATF risk and conduct risk
• Responsible for Operational Risk Management Framework, Regulatory Compliance Risk Management Framework, AML/ATF Global Handbook and the Guidelines for Business Conduct
• Demonstrates strong leadership and takes initiative to develop coaching and feedback capabilities with regard to being an SME in the team / problem solver

Qualifications:
• 5+ years of experience in Regulatory Margining experience within Collateral Operations (Cash Prime Brokerage, Repo and Securities Lending)
• 2+ years of experience managing a team of 3+ people
• 2+ years of experience Managing multiple depositories to ensure proper collateralization and settlements
• Good knowledge of the Mark-to-market (MTM) process, daily Contract Compare, exposure monitoring
• Firm understanding of collateral movements in both the bilateral and Tri-Party
• Strong understanding of US regulatory margin practices within the Prime Services space
• Strong understanding of all FINRA related margining regulations
• Experience using Equilend, SwapOne, Global1, DTCC, Loanet, Access Edge, Colline and ADP (ideal but not required)

Estimated Min Rate: $45.00
Estimated Max Rate: $50.00


What’s In It for You?
We welcome you to be a part of the largest and legendary global staffing companies to meet your career aspirations. Yoh’s network of client companies has been employing professionals like you for over 65 years in the U.S., UK and Canada. Join Yoh’s extensive talent community that will provide you with access to Yoh’s vast network of opportunities and gain access to this exclusive opportunity available to you. Benefit eligibility is in accordance with applicable laws and client requirements. Benefits include:

• Medical, Prescription, Dental & Vision Benefits (for employees working 20+ hours per week)
• Health Savings Account (HSA) (for employees working 20+ hours per week)
• Life & Disability Insurance (for employees working 20+ hours per week)
• MetLife Voluntary Benefits
• Employee Assistance Program (EAP)
• 401K Retirement Savings Plan
• Direct Deposit & weekly epayroll
• Referral Bonus Programs
• Certification and training opportunities

Note: Any pay ranges displayed are estimations. Actual pay is determined by an applicant's experience, technical expertise, and other qualifications as listed in the job description. All qualified applicants are welcome to apply.

Yoh, a Day & Zimmermann company, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Visit https://www.yoh.com/applicants-with-disabilities to contact us if you are an individual with a disability and require accommodation in the application process.

For California applicants, qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. All of the material job duties described in this posting are job duties for which a criminal history may have a direct, adverse, and negative relationship potentially resulting in the withdrawal of a conditional offer of employment.