Key System Functions:
*Regulatory Compliance: Ensure compliance with variation margin and initial margin requirements for uncleared OTC derivatives.
*Central Clearing: Oversee the clearing of OTC derivatives through central counterparties (CCPs) to mitigate counterparty risk.
*Trade Reporting: Manage the reporting of trades to trade repositories to enhance market transparency.
*Collateral Management: Implement and maintain robust collateral management practices, including eligibility criteria and haircuts.
*Basel III Compliance: Ensure adherence to Basel III capital charges related to collateralized exposures.
*Governance and Operations: Develop and enforce governance frameworks and operational practices for effective collateral management.
Qualifications Required:
*Bachelor’s degree in Finance, Business, or a related field.
*Proven experience as a Business Analyst in the financial services industry.
*Excellent documentation skills including functional specifications and BRDs.
*Strong understanding of collateral management regulations and practices.
*Excellent analytical and problem-solving skills.
*Proficiency in data analysis and reporting tools.
*Strong communication and interpersonal skills.
Preferred Skills:
*Experience with OTC Derivatives /central clearing and trade repositories.
*Knowledge of Basel III regulations.
*Familiarity with governance frameworks and operational best practices.