Collateral Management - Trainee

The Collateral Management Department plays a central role in risk mitigation for both the Bank and its clients. It is responsible for managing collateral positions across various products, such as securities lending, repurchase agreements and OTC derivatives. The department also oversees the accurate recording of collateral movements on clients’ accounts.

In order to support the Collateral Management Department, we are looking for a trainee with a school convention for a period of 6 months.

Your main tasks will be to contribute to the daily collateral activities by:

• Calculating Mark-to-Market OTC derivatives and Repurchase agreements
• Monitoring the valuation of collateral movements and reporting (regulatory and market perspective)
• Processing Initial Margin and Variation Margin calls
• Reconciling exposures and collateral positions between the Bank and its counterparties
• Providing administrative support to team members

Job requirements:

• Studies in Economics or Finance (Master level) – School/University convention required
• Knowledge of Capital Markets, securities financing and derivatives products
• Very good level of English
• Team spirit and organizational skills
• Good command of the Microsoft Office tools (especially Excel, VBA would be an added value)
• High level of accuracy and attention to details

“Please be aware that in accordance with the law of July 23, 2016, the selected candidate will be requested to provide a criminal record (section 3)”