Operations Executive, Margining and Collateral for Commodities and Global Markets EMEA

Macquarie Group
London, United Kingdom
08 May 2022
07 Jun 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Are you looking to join an inclusive and collaborative team who work together to provide operational support to an industry leading Commodities and Global Markets Business? This is the role for you.

Our Margining and Collateral team work across all asset classes giving them broad exposure to the market and stakeholders, providing a career runway across the organisation. With your 2-5 years of operational experience our expert and dedicated team are happy to teach you aspects of Margining with regards to OTC, Repo, Futures, Clearing and Collateral Optimisation, the systems and dynamic Margin regulations.

In this role, you will have the opportunity to:
  • ensure all margin calls are issued by required cut-offs on a daily basis
  • ensure all client reporting has been distributed as per set schedules
  • respond to all margin calls received in group email box in an accurate and timely manner
  • manage Regulatory Portfolio Reconciliations to ensure all breaks are investigated fully and escalated as necessary
  • ensure all payments have been processed on a daily basis
  • report portfolio and margin disputes to our credit officers and carry out investigations with the business and client to resolve
  • help as we go-live with the new margin Reg IM margin requirements
  • ensure all futures client cash movements are processed by required cut-offs on a daily basis
  • manage the team's daily collateral optimisation opportunities with our Clearing Exchanges
  • investigate cash and non-cash collateral breaks and resolve as a priority
  • work across alongside our sales and trading desks on new initiatives and see these through to a successful conclusion.

To thrive in this role, you will demonstrate excellent communication skills alongside being a motivated, proactive, risk-aware individual with a positive approach to managing your priorities and mentoring junior members of the team. Your sound business judgement and strong interpersonal skills will be well utilised as well.

Experience in middle office operations and working knowledge of OTC derivatives, Repo or Futures business would be of beneficial although not a prerequisite.

If you're driven to grow your career in an innovative and leading Financial Services organisation, please apply now!

About the Corporate Operations Group

The Corporate Operations Group brings together specialist support services in Digital Transformation & Data, Technology, Operations, Human Resources, Business Services, Business Improvement & Strategy, and the Macquarie Group Foundation. We deliver service excellence to ensure Macquarie is open for business, deliver on transformational change, invest in our people and have deep relationships with our customers.

Our commitment to Diversity, Equity and Inclusion

The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of 'empowering people to innovate and invest for a better future', we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

As an inclusive employer, Macquarie does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.

Joining Macquarie means you'll be able to work in a way that suits you best. With the right technology, support and resources, our people can work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.