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Collateral Management ConsultantBizTek People • Chicago, IL, United States
Collateral Management Consultant

Collateral Management Consultant

BizTek People • Chicago, IL, United States
5 days ago
Job type
  • Full-time
Job description

Job Title: Collateral Management Consultant

Work Arrangement: Hybrid: Primarily remote, with one onsite day per month required. Location: Chicago, IL (311 South Wacker Drive)

Responsibilities:

  • Inspect system-generated collateral calls for accuracy before issuance.
  • Issue and process daily margin calls for bilateral agreements under a CSA, cleared agreements, and affiliate margin.
  • Communicate directly with counterparties to ensure proper collateral exchange.
  • Post system entries in internal and industry platforms to recognize and settle agreed-upon margin calls.
  • Investigate and escalate disputes and discrepancies.
  • Settle month-end collateral margin interest with external counterparties and affiliates.
  • Perform nightly reconciliations between custodians, counterparties, and internal books/records.
  • Identify and escalate system issues to the overnight IT staff.
  • Collaborate with internal teams, including Credit, Legal, Finance, and Trading.

Schedule Hours: 7 PM 3 AM CST (Sunday Friday) Work Week: Begins Sunday at 7 PM and ends Friday at 3 AM (supporting Asian and European clients). In-person training required.

Qualifications:

  • Experience: 1+ years in Collateral Management.
  • Required Skills: Collateral Management Finance Trading Operations Reconciliations
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Collateral Management Consultant • Chicago, IL, United States

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