AVP - OTC Margin & Collateral Operations

We are seeking a proactive and detail-oriented professional to join our Collateral Operations team as an AVP. This role plays a key part in ensuring business-as-usual (BAU) and daily operational tasks are completed accurately, on time, and to high standards. You'll be responsible for maintaining operational procedures, escalating issues, and supporting continuous improvement initiatives.

• Ensure timely and accurate completion of daily tasks including EMIR risk mitigation, collateral margin requirements, and portfolio reconciliations.
• Process CSA and GMRA margin calls and monthly interest calculations in line with executed documentation.
• Maintain control of portfolio MTMs, liaise with counterparts, and communicate with Treasury to ensure funding is in place.
• Administer portfolio reconciliations and resolve disputes in accordance with regulatory requirements.
• Support onboarding of EMIR regulatory requirements including CCP, Collateralisation, and Dispute Resolution.
• Monitor group inboxes and manage queries efficiently.
• Collaborate with internal teams to ensure systems and downstream processes are functioning effectively.
• Assist with UAT testing, including creation of test plans and scripts, and escalate issues as needed.
• Contribute to the review and improvement of desktop procedures and operational workflows.

• Experience in a similar role within financial services or operations.
• Familiarity with COLLINE, Acadia Margin Manager, and TriResolve.
• Understanding of ISDA documentation, CSA Agreements, and GMRA.
• Knowledge of EMIR and related regulatory frameworks.
• Comfortable with UAT processes and system testing.
• Strong communication skills and ability to build relationships across teams.
• Proficient in Excel and capable of handling financial data.
• Self-motivated, flexible, and collaborative.

• You'll work closely with the DO Section Manager (VP) and collaborate with stakeholders across Compliance, Risk, Legal, Operations, JRIE, and Front Office.
• The role involves managing agreements and margin calls across multiple entities including SMBC BI, SMBC (EMEA branches), SMBC Bank EU AG, and NIKKO CM.
• No direct reports, but high visibility and impact across teams.