Collateral plays a crucial role in the credit risk management process of the bank for Over-the-counter

Derivatives business. Process helps in mitigating credit risk by evaluating the exposure with clients on
daily basis and collecting Collateral from counterparties for high-risk trades until maturity. It includes
sending/receiving collateral calls with clients, making collateral bookings in system, cash/securities
transfers, managing cash flows, accounting breaks investigation and resolution.
It requires complete understanding of Investment banking domain, derivatives trade life cycle, Global
Markets technology platforms and in-depth understanding of process. Analyst is expected to have an eye
for detail and communicate effectively with corporate clients, front office/sales team, credit risk group,
senior business leaders etc.
The Dodd-Frank regulatory changes in US had a cascading effect on Collateral process. Major process and technology
changes are being made in this regard to ensure Bank of America is in compliance with the rules laid down by the
regulators. Analyst should gain thorough understanding of changes in Capital markets business and implications of
Dodd-Frank regulations on Global Markets Operations.
The associate will be part of the Collateral Management team working in a fast paced and time sensitive environment.
In a deadline driven environment, turnaround, accuracy and escalation are of high importance as we are at risk to
market movements, traders P & L, client relationship, and the banks reputation including financial risk. A sense of
high priority is vital.
Responsibilities :
Candidate will be provided with the opportunity to learn and handle any of the following teams responsibilities.
Margin Management:
1. Work on daily collateral margin process. Send margin calls to clients as derived through system calculations taking
net exposure in consideration between BAML and counterparty.
2. Making cash, securities bookings in the system for collateral movement
3. Verification of cash flows to authorize settlements/funds transfer.
4. Review incoming margin calls from counterparties, validate calculations in our internal system and agree for
collateral movement.
5. Settlement of monthly interest with clients on cash collateral pledged/held.
6. Resolve cash and securities breaks/exceptions arising from collateral bookings.
7. Follow up with clients for any cash fails or failed collateral transfers.
8. Working closely together with Static data team, Client onboarding team, Documentation group etc and clients to
ensure accurate information is updated within our processing database.

Reporting:

1. MIS, reporting of operational and Collateral exposures to management. Generate various reports related to cash,
securities and exposure.
2. Daily Risk report, ineligible collateral reports, cash fails etc to be published to stakeholders
3. Mark-to-market swing analysis and reporting for Collateral margin management group.
4. Publish consolidated collateral breaks report to all the groups including Sr. Management.
5. Maintain reporting SLAs established with line of business

Job Description

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Experience: 2 to 4 yrs
Walk-in Time: 11.00am to 1.00pm
Nature of Employment: Permanent
Location: Chennai
Education: Any Graduate
Skills Required:
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Process client securities instructions, cancellations and amendments accurately and timely by applying
market rules and internal procedures to accommodate client and market needs.

The individual has should have understanding of financial services industry and its various components.

Experience in Trade processing or securities operations will be an added advantage.

Interact and Communicate with fund accounting/onshore team on outstanding issues/queries.

Should have good knowledge and understanding of Capital market, Shares, Bonds, Derivatives, Mutual Fund
& Corporate Action.

Accounting & Excel knowledge is must.

Flexible to work in night shifts and handle stretch assignments

BNY Mellon International Operations (India) Pvt Ltd

Block 3 | 6th Floor | DLF IT Park | Porur Chennai
Contact Person : Ankita Davey
Salary: Not Disclosed by Recruiter
Industry: Banking / Financial Services / Broking
Functional Area: Financial Services , Banking , Investments , Insurance
Role Category:Mutual Funds/Fund Management/Asset Management
Role:Analyst

Job Description
Should have passed B.Com/ M.Com/ MBA or equivalent
2-10 years of back office operations in brokerage / investment banking and should possess business
knowledge in US/International markets.
Should have experience in working in US / international clearing and settlement back office life cycle
activities
Candidates should be hands-on and domain experience is essential at all levels. Interacting with Street
side brokers / institutions would be an added advantage.
Should be willing to work in Night shifts.
Excellent verbal and written communication skills
Should have basics of financial / computer knowledge

Eligible Candidates are requested to walk-in for an interview at the below mentioned venue:

Interview Date & Time - 27th ,28th & 29th July 2016 between 4-5 PM
Venue : Broadridge Financial Solutions, Divya Sree Omege,B-Block, 2nd Floor, Hitech City,Hyderabad

Salary: Not Disclosed by Recruiter

Industry: BPO / Call Centre / ITES
Functional Area: Accounts, Finance, Tax, Company Secretary, Audit
Role Category: Accounts Executive/Accountant
Role: Accounts Executive/Accountant