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Collateral Operations Middle Office Associate

Wells Fargo Bank, National Association

  • Company Industries:Others

Job Information

  • Post Date:2024-08-11
  • Location:Hong Kong
  • Employment Type:Full time
  • Job Function:New  Business  Development  

Job Description

In this role, you will:

  • Compare trade position files from external counter-parties to resolve timely margin call disputes
  • Be the main point of communication between Wells Fargo and its client base
  • Perform trade decompositions to validate current mark-to-market exposures
  • Review and present collateral margin calls and respond to demands submitted by our counterparties
  • Work with internal departments (various Middle Offices, Documentation, Marketers, Legal, Risk) to resolve all discrepancies
  • Produce and distribute ad-hoc reporting requirements to clients
  • Consistently seek opportunities to improve processes, controls and procedures within the Collateral Management team
  • Partner with the technology and project teams to develop requirements for system enhancements and assist with user acceptance testing.
  • Compile and submit MIS reports to senior stakeholders


Required Qualifications:

  • 3+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

 

Desired Qualifications:

  • Bachelor degree in Finance, Quantitative or relevant subjects with relevant operations experience is an advantage
  • Highly motivated team player with effective organizational, multi-tasking, and prioritizing skills
  • Flexible working hours and able to work on holidays and/or extreme weather situations
  • Detail orientated with strong sense of control
  • Ability to work in a fast-paced deadline driven environment
  • Excellent communication and interpersonal skills with strong analytical/problem solving skills
  • Firm understanding of Fixed Income, FX, Repo and other OTC derivatives products
  • Strong knowledge with Macro and VBA is an advantage

Company Info

Wells Fargo Bank, National Association

Contact

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