Job Description
Role Description
The Repo Collateral Management - Vice President leads the firm’s collateral management function for repurchase agreements, driving strategic initiatives while ensuring regulatory compliance. The VP oversees the team managing daily collateral operations, risk controls, and technology enhancements, partnering closely with Trading, Risk, Treasury, and Legal to support the firm’s financing and liquidity objectives.
Role Objectives
Collateral Operations Oversight
•Oversee daily collateral margin calls, substitutions, and settlement for bilateral, tri-party and Sponsored Repo.
•Lead and help develop the Repo Collateral Management Team, setting goals, priorities and performance standards.
•Drive strategic initiatives to enhance collateral optimization, funding efficiency, and operational resilience.
•Collaborate with senior stakeholders across Treasury, Trading, Risk, Legal, and Technology to align collateral strategies with firm-wide objectives.
•Ensure robust controls and timely resolution of breaks, discrepancies, and settlement issues.
•Escalate discrepancies appropriately to the relevant internal and/or external parties.
•Assist in ad-hoc requests related to management and investigations of operational issues.
•Assist in monitoring process gaps and make recommendations on technological changes.
•Participation in projects & planning related to industry initiatives and operational efficiencies
•Experience managing cross-functional projects and driving change.
•Risk Management & Regulatory Compliance
•Ensure collateral management practices comply with regulatory requirements (e.g., SFTR, Basel III/IV, SEC rules).
•Oversee risk relating to collateral concentration, haircuts, margin requirements, and counterparty exposure.
Stakeholder Engagement & Communication
•Act as a liaison with external counterparties, custodians, clearing banks, and regulators.
•Communicate collateral risks and performance to senior management.
•Support new product launches and business initiatives requiring collateral expertise.
•Partner with Technology and Operations teams to enhance collateral management system capabilities.
Role Objectives
Stakeholder Engagement & Communication
•Act as a liaison with external counterparties, custodians, clearing banks, and regulators.
•Communicate collateral risks and performance to senior management.
•Support new product launches and business initiatives requiring collateral expertise.
•Partner with Technology and Operations teams to enhance collateral management system capabilities.
Technical Expertise
•Deep knowledge of repo markets, collateral types, financing structures, and tri-party platforms.
•Extensive experience with collateral management systems, clearing platforms, and regulatory frameworks.
•Strong understanding of margining, haircuts, eligibility rules, and settlement processes.
Communication & Interpersonal Skills
•Excellent verbal and communication skills, capable of influencing senior stakeholders.
•Ability to manage complex relationships with internal and external partners.
•Comfortable working in a fast-paced, dynamic environment.
•Excellent analytical skills with an eye for detail and exceptional time management skills.
•Adept at working and effectively collaborating with clients, operations, and technology teams.
•Strong problem-solving skills to deal with complexity and respond quickly to uncertainty.
•Advanced working knowledge of Microsoft Excel
Qualifications and Skills
- 8+ years in repo collateral management or related financing roles, with leadership experience.
- Bachelor’s degree: Finance, Economics, Business, or related field; advanced degree preferred.
- Experience in large financial institutions, investment banks, or asset managers.
- Global collateral management experience.
- Knowledge of securities lending and financing desks.
- Familiarity with emerging regulations and market trends affecting collateral management.