OTC Collateral
The purpose of the role is to undertake all aspects of Collateral Management including the verification of swap values, agreement of eligible assets and settlement of assets and interest amounts.
Key responsibilities may include:
- Verifying the value of OTC trades
- Identifying all collateral calls and either formally agreeing of disputing these in line with agreed timescales and the company’s escalation procedure.
- Generating collateral movement instructions and ensuring assets settle on the agreed date
- Posting such movements on the collateral management system
- Undertaking systems UAT testing
- Undertaking Collateral Management reporting
February 1, 2013
• Posted in: General
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