Mufg
Assistant Vice President For Collateral Management
Overview
Seeking an Assistant Vice President for Collateral Management to join the London office, playing a pivotal role in ensuring operational excellence, regulatory compliance, and managing collateral operations across multiple asset classes.
About Mufg
MUFG is one of the world's leading financial groups with a rich heritage spanning over 350 years and a global presence in more than 40 countries, dedicated to building long-term relationships, serving society, and fostering shared and sustainable growth.
Requirements & Eligibility
- A solid understanding of legal documentation including ISDA CSA, GMRA, GMSLA agreements
- Comprehensive knowledge of trade processing life cycles across derivative swap products
- Sound familiarity with current regulatory frameworks such as Uncleared Margin Rules
- Working experience with REPO and OTC Derivatives products
- Strong grasp of derivative trade level valuations
- Previous use of TriResolve reconciliation platform and Acadiasoft
- Understanding key collateral optimisation initiatives such as Cheapest to Deliver strategies
- Experience handling large data sets coupled with proficiency in data visualisation tools
Key Responsibilities
- Process daily margin exposure across all asset classes including OTC non-cleared and cleared products, Repo, and Securities Borrow Lending
- Ensure all margin bookings are accurately reflected in core systems for agreed settlement
- Resolve cash and non-cash fails promptly to ensure smooth transaction flows
- Utilise Cheapest to Deliver collateral strategies in conjunction with Front Office requirements
- Manage collateral disputes and reconciliation for both Variation Margin and Initial Margin agreements
- Oversee regulatory reporting, controls reporting, and relationship management with internal and external stakeholders
- Support SOX compliance and Key Control Testing activities alongside Internal and External Audits
- Perform balance substantiation reconciliation using analytical tools
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