Collateral Analyst, Global Derivative Services - Toronto, Canada - Manulife

Manulife

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

_Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You've come to the right place. We're looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we'd like to hear from you. _

Working Arrangement
Hybrid

The Opportunity

Global Derivative Services is responsible for all middle and back-office functions that support derivative trading enterprise-wide, including both the General Account and 3rd party funds managed by Manulife and John Hancock Asset Management.

Over $300 billion notional is currently being managed across multiple legal entities, segments and portfolios. Instrument types include cleared and over-the-counter swaps, futures, options and FX.

Daily functions include the daily monitoring of collateral positions and margin requirements across bilateral and exchange traded clearing accounts, derivative trade processing, reconciliation resolution, OTC and margin settlements, and fielding audit inquiries.

The
Collateral Analyst should possess excellent communication skills (both written and verbal). Collaborating with the front office, solutions, IT and other operations teams will be essential for success.

Responsibilities:

Collateral/margin management for Futures, OTC, and Cleared products including: issuing margin calls, substitutions, and cash management.
Ensure variety of daily deliverables for Collateral Team are met.
Continuously seek out ways to strengthen control environment.
Develop and manage working relationships with clearing broker back office counterparts.
Process internal ad hoc requests from various groups in a timely and efficient manner.
Update or create new process documents for all tasks relevant to the position and maintain internal database of all process documents.
Propose improvements to current processes that will increase the efficiency and effectiveness of the group.
Contribute to the gathering of data for quarterly metrics reporting to senior management.
Complete daily, weekly, monthly, quarterly, and yearend reporting duties in a timely manner.
Contribute to the capacity and depth of Global Derivatives Services in order to respond to the organization's current and future derivative collateral demands.

What motivates you?

You obsess about customers, listen, engage and act for their benefit.
You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
You thrive in teams, and enjoy getting things done together.
You take ownership and build solutions, focusing on what matters.
You do what is right, work with integrity and speak up.
You share your humanity, helping us build a diverse and inclusive work environment for everyone.

What we are looking for

Relevant undergraduate education a must, degrees in Business, Accounting, Finance, or Economics Preferred
35 years of investment operations experience, with at least 3 years of handson experience in derivative products
Working knowledge and direct Middle/Back Office experience in, but not limited to, the following: Full Lifecycle of futures, OTC, and cleared derivative products
International Swap & Derivatives Association (ISDA) documentation and CSA's preferred
Custodian/clearing broker operations, settlements, and associated reconciliations
Ability to prioritize problems/tasks while working in a fast paced, deadline driven environment with a focus on accuracy
Familiarity with FIS Apex product a clear advantage. MS Office suite, derivative trading/accounting platforms, collateral management systems, and thirdparty market data providers preferred.
Solid organizational skills and a high degree of professionalism combined with the ability to readily adapt to rapidly changing environments and deal with competing priorities
Team player with demonstrated experience building and maintaining good working relationships both internally and externally

What we can offer you?

A competitive salary and benefits packages.
A learning culture which encourages you to follow your passions and learn new skills.
A strong focus on growing your career path with us.
Flexible work policies and clear worklife balance.
Professional development and leadership opportunities.
Staff discounts on various goods and services.

Our commitment to you

Valuesfirst culture: We lead with our Values every day and bring them to life together.
Boundless opportunity: We create opportunities to learn and grow at every stage of your career.
Continuous innovation: We invite you to help redefine the future of financial services.
Delivering the promise of Diversity, Equity, and Inclusion: We foster an inclusive workplace where everyone thrives.
Championing Corporate Citizenship: We build a business that benefits all partners and has a positive