Derivatives Operations Collateral Analyst

London, England, United Kingdom

7/6/2025

We have a great opportunity for a Derivatives Operations Analyst responsible for daily collateral management activities as well as oversight of outsourced collateral management activities. You will collaborate with PIC's Investments and Finance teams to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate.

• Daily collateral management together with oversight of outsourced collateral management activities including reconciliation and resolving of failed settlements
• Work with counterparties and reference CSAs and valuation sources to assist in the resolution of collateral disputes
• Oversee that posted collateral portfolio is consistently optimal and initiate substitutions in the event it is sub-optimal
• Involvement in change initiatives; specifically, around design and documentation of new collateral processes
• Provide support to PIC's Investment Team (Markets Solutions) dealing desk, managing post-trade activities as well as change requests to support new business requirements
• Perform daily liquidity management processes, ensuring accurate and timely information is available for Portfolio Managers
• Effectively collaborate with the team, outsourced service providers and the Investment, Finance and Origination teams
  
  

Requirements

You must have experience of working closely with Investment teams within a corporate or consulting environment, the majority in banking, asset management, insurance, or hedge fund.

Technical

• Good technical knowledge of derivatives, collateral management and optimisation
• Experience using collateral management tools such as Tri Optima, Deco & Apex
• Experience with the Aladdin platform, ideally
• Familiar with derivatives regulation, including EMIR, SFTR and Solvency II
• Familiar with derivatives documentation, including ISDAs, CSAs, CDEAs, GMSLAs, GMRAs
  
  

Personal

• Experience of delivering change and projects
• Strong organisational and communication skills
• Ability to persuade and influence both directly and indirectly
• Ability to organise work to meet deadlines
• Commercial judgement
• Proactive approach to risk management
  
  

Benefits

• 28 days' annual leave plus bank holidays
• Pension
• Insurance for Travel, Private Medical, Critical Illness, Life Assurance and Income Protection
• Save As You Earn (SAYE)
  
  

And more.....