Wells Fargo & Co logo

Derivative Collateral Management Analyst

Wells Fargo & Co
  • Charlotte, NC
    30+ days ago

    Job Description

    Title: Derivative Collateral Management Analyst

    Location: 550 S Tryon St Charlotte, NC

    Duration: 12 months

    Work Engagement: W2

    Work Schedule: 3 days in office/2 days remote

    Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits

    Summary:

    We are seeking a detail-oriented Derivative Collateral Management Analyst to support collateral and margin management activities across a portfolio of derivative products. This role is responsible for mitigating counterparty risk through the accurate review, validation, and resolution of margin call disputes while partnering with internal stakeholders and external counterparties. The ideal candidate will possess strong analytical skills, a collaborative mindset, and experience working in a fast-paced financial services environment.

    Responsibilities:

    • Compare trade position files from external counter-parties to resolve timely margin call disputes

    • Perform trade decompositions to validate current mark-to-market exposures

    • Review and present collateral margin calls and respond to the demands submitted by our counterparties

    • Work with internal departments (various Middle Offices, Documentation, Marketers, Legal, Credit) to resolve all discrepancies

    • Produce and distribute ad-hoc reporting requirements to clients and internal partners

    • Cross-train future staff members to assist and independently perform daily Derivative Collateral Management margin responsibilities

    • Consistently seek opportunities to improve processes, controls and procedures within the Collateral Management team

    • Partner with the project team to develop requirements for system enhancements and assist with user acceptance testing

    Qualifications:

    • Applicants must be authorized to work for ANY employer in the U.S. This position is not eligible for visa sponsorship.

    • At least one year experience in capital markets industry or equivalent.

    • Experience in derivatives operations, collateral management, margining, risk management, treasury, or financial services operations.

    • Strong understanding of OTC and/or exchange-traded derivatives.

    • Experience analyzing mark-to-market valuations and exposure calculations.

    • Excellent analytical, problem-solving, and reconciliation skills.

    • Strong communication skills with the ability to interact effectively with internal and external stakeholders.

    • Advanced proficiency in Microsoft Excel and reporting tools.

    • Ability to manage multiple priorities and meet tight deadlines in a dynamic environment.

    • Bachelor's degree in Finance, Accounting, Economics, Business, Mathematics, or a related field.

    • FINRA Series 7 license (preferred)

    • Familiarity with tableau - (team will build reporting off data)

    • Knowledge of FX products, collateral, fixed income products, swaps experience, accounting, equity FX background, general ledger, client facing experience etc.C36

    • Knowledge of and possess ability to interpret executed International Swaps and Derivatives Association Master Agreements (ISDA) and Credit Support Annex (CSA). (preferred)

    • MSFTA and GMRA documents

    • Experience with collateral management, margining, or risk systems.

    • Familiarity with regulatory requirements impacting derivatives and collateral processes.

    • Experience participating in system implementations, testing, or process improvement initiatives.

    • Strong analytical skills with high attention to detail and accuracy

    • Self-starter and aggressive work ethic with self-discipline follow up skills

    Numbers & Facts

    LocationCharlotte, NC
    IndustryFinancial Services
    Company Size10,000 employees or more
    Year Founded1852

    About Company

    We believe in our vision and values just as strongly today as we did the first time we put them on paper more than 20 years ago. Staying true to them will guide us toward continued growth and success for decades to come. As you read more about our vision and values, you will learn about who we are, where we’re headed and how every Wells Fargo team member can help us get there.

    Skills

    • Acceptance Testingunmatched
    • Accountingunmatched
    • Analysis Skillsunmatched
    • Capital Marketsunmatched
    • Communication Skillsunmatched
    • Customer Relationsunmatched
    • Derivativesunmatched
    • Detail Orientedunmatched
    • Documentationunmatched
    • Economicsunmatched
    • Financeunmatched
    • Financial Operationsunmatched
    • Financial Reportingunmatched
    • Financial Risk Managementunmatched
    • Financial Servicesunmatched
    • Fixed Income Investmentsunmatched
    • General Ledger Accountingunmatched
    • Legalunmatched
    • Marketing/Sales Collateralunmatched
    • Mathematicsunmatched
    • Microsoft Excelunmatched
    • Multitaskingunmatched
    • Operations Managementunmatched
    • Problem Solving Skillsunmatched
    • Process Improvementunmatched
    • Quality Assurance Methodologyunmatched
    • Reconciliationunmatched
    • Regulatory Requirementsunmatched
    • Requirements Derivationunmatched
    • Requirements Managementunmatched
    • Riskunmatched
    • Risk Managementunmatched
    • Series 7unmatched
    • Staff Trainingunmatched
    • Swap Marketunmatched
    • System Testunmatched
    • Tableauunmatched
    • Team Playerunmatched
    • Time Managementunmatched

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