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Collateral Management Consultant

BizTek People, Inc. | APA International Placement Consultants, Chicago, Illinois, United States, 60290

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Job Description Job Title: Collateral Management Consultant Work Arrangement Hybrid: Primarily remote, with one onsite day per month required. Location: Chicago, IL (311 South Wacker Drive) Responsibilities Inspect system-generated collateral calls for accuracy before issuance. Issue and process daily margin calls for bilateral agreements under a CSA, cleared agreements, and affiliate margin. Communicate directly with counterparties to ensure proper collateral exchange. Post system entries in internal and industry platforms to recognize and settle agreed-upon margin calls. Investigate and escalate disputes and discrepancies. Settle month-end collateral margin interest with external counterparties and affiliates. Perform nightly reconciliations between custodians, counterparties, and internal books/records. Identify and escalate system issues to the overnight IT staff. Collaborate with internal teams, including Credit, Legal, Finance, and Trading. Schedule Hours: 7 PM - 3 AM CST (Sunday - Friday) Work Week: Begins Sunday at 7 PM and ends Friday at 3 AM (supporting Asian and European clients). In-person training required. Qualifications Experience: 1+ years in Collateral Management. Required Skills: Collateral Management Finance Trading Operations Reconciliations