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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| Position | Company | Location | Update |
|---|---|---|---|
| Management Trainee | Reasonable Software House Limited | Sham Shui Po District | 2024-10-08 |
| Collateral Operations Middle Office Associate | Wells Fargo Bank, National Association | Hong Kong | 2024-08-11 |
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