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The Collateral Middle Office is responsible for executing and monitoring margin calls and interest according to the parameters established in the contracts, with management systems varying between COMET/DRACCAR for derivatives and bond repos, APEX for bond lending/borrowing, and SFCM for equity lending/borrowing. It is also in charge of reconciling positions with counterparties, monitoring and escalating issues regarding counterparties with discrepancies or unusual counterparty behaviors, and executing and monitoring reporting, particularly MtM (Mark-to-Market) reports.Principales taches de l'équipe :
1) Capture of collateral contract terms
- Configuration of collateral contracts in management tools
- Management of the collateral contract lifecycle (amendments, closures, modifications, etc.)
- Participation in collateral contract negotiations in case of non-convergence with our standards
- Ensure completeness of configurations through reconciliations between management systems and the legal database
2) Margin call management
- Notification, confirmation and booking of margin calls in COMET for bond repos and OTC derivatives, in APEX for bond SLB and in SFCM for equity repos and SLB (NY time zone)
- Contact with Front Office to borrow securities posted as collateral
- Coordination with BO payment teams for margin call settlements
- Analysis, monitoring and resolution of payment suspense items (cash and securities)
- Analysis of collateral balances
- Coverage of non-standard collateral operations (Secured Deposits, Secured Notes, Secured Loans, etc.)
3) Controls and reconciliations
- Margin call controls: Notifications sent, amounts booked in the tools
- Margin call reconciliation
- Implementation of regulatory reconciliations in management tools for uncleared OTC Derivatives (COMET/Trioptima)
- Execution of portfolio reconciliations in Trioptima and EXCEL (regulatory and in case of margin call disputes)
- Investigation of significant MtM variations and breaks identified in reconciliations (MtM or inventory discrepancies)
- Daily reporting and monitoring of discrepancies and disputes detected
4) MtM Reporting
- Sending of MtM reports for NY time zone clients (Daily, weekly or monthly)
- Monitoring of DFA daily marks operations/clients
- Management of audit requests on market operations
5) Projects, processes and procedures
- Participate in improvement projects in collaboration with Paris teams (including UAT)
- Formalize and document the various processes
6) Transverse
- Reporting activities (Internal-KPI, KRI - External to regulatory authorities/Market surveys)
- Incident reporting process
- Business development: provide opinions/analyses on NAPs, participate in UATs (system upgrades, new products, etc.)
- Management of requests received from clients/other CACIB departments and escalation of any atypical request/situation
Salary Range: $100k - $120k
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*The Banker, Juillet 2025
Publiée le 02/06/2026 - Réf : 2026-112995