Derivatives Margin Operations

job
  • TBG | The Bachrach Group
Job Summary
Location
New York ,NY 10261
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
23 Jan 2025
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Job Description

We are looking for a Margin Specialist. You will support margin settlements with clients for both Futures and OTC Clearing.


  • Manage daily margin calls to clearing organizations such as CME and ICE
  • Research and resolve breaks facing banks, custodians and clearing orgs.
  • Coordinate collateral allocation between clients and CCP’s and various custodial locations
  • Review margin calls to end clients. Book client settlements, transfers, journals, foreign exchange transactions.
  • Ensure margin calls are met promptly and in accordance with all rules and regulations.
  • Book manual cash payments. (MT103 / 202 messages)



Requirements :

  • Ideally having 3-5 years’ experience within Clearing operations / Futures
  • Strong understanding of process, products, exchanges and rules covering cleared swaps and Futures.
  • Proficiency with Microsoft Excel, Microsoft Word, and Microsoft PowerPoint
  • Experience with back office vendor platforms such as GMI, XTP, R&N, Calypso etc.

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