Analyst, Collateral Management Services

Analyst, Collateral Management Services

• Location: Toronto, ON - Hybrid (4 days a week)
• Pay Rate: $41.19/hr - $48.66/hr
• Contract Length: 6 Months with possibility for extension

We at Raise are hiring a Analyst, Collateral Management Services for one of our top clients. After establishing themselves as an industry leader, they’re now expanding their team to meet rising demand. We’re hiring right now;

Responsibilities:

Variation and Initial Margin Requirements

• Validating and ensuring all margin calls are issued on a timely basis and perform end to end margin processes
• Ensure agreement and transfer of eligible credit support within specified timeframe in accordance to the terms of the CSA
• Management of collateral inventory (non-cash) positions to ensure sufficient levels to fulfill daily margin requirements,
• Instruct and approve collateral movements via SWIFT/email and or FAX
• Perform cash forecasting as required intra-day
• Perform portfolio and collateral reconciliations with counterparties
• Escalate all issues as per agreed terms and standing orders
• Responding to inquiries on a timely basis

Operational Controls and Reporting

• Involved in business user testing for enhancements and system integration
• Operational onboarding of new and/or existing counterparties for applications and services related to the collateral management process
• Updating of procedure documents as required
• Ensuring client data is accurately maintained in collateral management system and other documents as required
• Assist in preparation of margin requirement/funding report and other ad-hoc reports as required

Administrative

• Respond to audit request
• Provide extended coverage during absence of team members (e.g. vacation)

Time Allocation (%)Job Mandate Reference Guide

• Fulfillment of Client variation and initial margin requirements = 60%
• Operational Controls and Reporting = 25%
• Administrative = 15%

Types of experience required:

• 1 to 4 experience in financial industry preferably Capital Markets
• Understanding of RBFG risk policies and standing order
• Proficient in use of Microsoft Office suite (adept in Excel)
• Knowledge of Capital Market products, trade systems and business lines
• Working knowledge of derivative products and related documentations

Education, certification and designation requirements:

• Required: Post-secondary education (undergraduate) or equivalent
• Preferred: CSC or CFA an asset

Additional capabilities and skills:

• Excellent verbal, written, and interpersonal skills, and the ability to work collaboratively with diverse groups of people across the organization
• Demonstrated ability to multi-task effectively and work in fast-paced environment
• Strong analytical and problem solving skills
• High degree of accuracy and attention to detail

Level of Responsibility & Decision:

• Agreement to margin calls including collateral utilization for fulfillment of margin requirements
• Submit request to RMG/CMU to raise additional collateral
• Escalate areas of concern/risk and raise awareness

What types of recommendations does the job provide to others?

• Make business recommendations on ways to improve individual/team operational efficiency
• Influence collateral funding decision with feedback on counterparty operational risk
• Feedback to business and internal support teams on operational considerations/requirements
• Reporting requirements for regulatory and internal purposes

Key Relationships

Counterparty Credit Risk (CCR)

• Escalation and reporting of disputes and/or issues related to Clients margin requirements
• Reviewing CSA agreement data and setup

Client/Counterparties

• Fulfilment of Clients variation and initial margin requirements
• Reconciliation and onboarding inquiries
• General operational and margin inquiries

  Global Markets Resource Management Group (RMG) and Collateral Management Unit (CMU)

  • Assist in collateral optimization efforts
  • Ensure sufficient availability of collateral to fulfil Clients margin requirements

  Manager and Head of Collateral Management Services

  • Assist with new initiatives
  • Receive directions on daily activities and/or projects
  • Escalation of issues

  Must have:

  • 1-4 Years with OTC derivates products and related documentations/Collateral Management
  • Knowledge of Capital Market products, trade systems and business lines

  Nice to have:

  • Excel
  • CSC or CFA an asset
  • Colline, APEX, RIMMS, Acadiasoft, Trioptima.

  Looking for meaningful work? We can help!

  Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.

  We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.

  We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation:

  In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at or

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