Collateral Analyst Job Description
Collateral Analyst Duties & Responsibilities
To write an effective collateral analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included collateral analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Collateral Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Collateral Analyst
List any licenses or certifications required by the position: CPA, CSCP, CIRM, CPIM, SQL, PL/SQL, IOC
Education for Collateral Analyst
Typically a job would require a certain level of education.
Employers hiring for the collateral analyst job most commonly would prefer for their future employee to have a relevant degree such as Collage and Bachelor's Degree in Finance, Business, Accounting, Education, Economics, Management, Military, Engineering, Technical, Associates
Skills for Collateral Analyst
Desired skills for collateral analyst include:
Desired experience for collateral analyst includes:
Collateral Analyst Examples
Collateral Analyst Job Description
- Prepare weekly/monthly/quarterly monitoring Report for submission to Credit Quality Management
- Prepare quarterly reports evaluating trends in the portfolio and present the results to Credit Quality Management
- Responsible for recommending collaborating with the Credit Quality Management team to evaluate the findings of collateral audits and recommend appropriate actions to the Lending Units
- Responsible for maintenance of a log to track delinquent reports and reporting such delinquencies to Credit Quality Management
- Responsible for reviewing approved Credit Memorandums and extracting appropriate information relative to the Borrowing base parameters
- Prepare detailed calculation of Borrowing Base each week/month/quarter as per parameters of most recent approved Credit Memorandum or other Credit Administration approvals for asset-based monitored loans
- Daily check on clients' margin shortfalls/limit
- To prepare and submit for review on credit monitoring reports
- Liaise with clients and internal counterparts in order to track and resolve position discrepancies
- Work closely with respective parties mentioned above to provide accurate and appropriate service to them and our external clients in a timely manner
- Must possess strong analytical aptitude, with the ability to calculate, understand, and validate lending formulas
- Possess an MSc in Finance, Commerce or Economics
- Prior experience in Prime Brokerage collateral Management, with extensive knowledge of Prime Brokerage business model
- Demonstrable experience of mitigating credit risk with effective daily margin calls
- Comprehensive understanding of collateral management
- Previous experience using Matlab and Bloomberg
Collateral Analyst Job Description
- Issue and respond to repo margin calls
- Reconcile discrepancies relating to margin disputes
- Reconcile collateral cash, positions, and accrued interest on a monthly basis
- Monitor counterparty exposure
- Work with other members of the treasury group to optimize collateral across all of our products
- Perform daily margin call process including review of system generated margin notices, review of portfolio valuations for accuracy and notification to clients and internal relationship managers
- Review pending Master Repo agreements to ensure credit terms are compliant to existing policies and procedures
- Review the current processes, identify control gaps and potential improvements and escalate to local management
- Coordinate across Internal and External teams to resolve commission values outstanding
- Monitor the transfer of collateral in pipeline working with transferring custodians/issuers with delivery dates, investor approvals and obtaining required custodian data
- Keep abreast of new sources of valuation information and maintain field contacts with vendors, manufacturers and appraisers
- Work with other areas of the Bank to assist with remarketing and asset disposition
- Manage external audits in a timely manner, meeting targets for expired credits
- Liaise with our TDEF US counterparts to provide Enterprise wide solutions to asset management
- Understand the leasing market and the industries within the portfolio to ensure value added service is provided to clients while mitigating risk to the Bank
- Working knowledge of CARMA Sales, CARMA Credit and effective use of TDEF Leasing systems
Collateral Analyst Job Description
- Gather and analyse information and provide recommendations to address strategic business objectives that span Domestic and global business and technology areas
- Set timelines with custodians for the collateral inventory and review to ensure processes are complete to meet contractual requirements and hold back timelines
- Act as point of contact for collateral document processes with document custodian, internal business partners and external vendors
- Manage and monitor collateral and pool statuses to ensure certifications are completed within agency guidelines
- Manage and report on pools that fall outside of required timelines
- Communicate with upstream and downstream business partners, facilitating the updating of loan-level data
- Work in agency systems to add, research and transmit pools for final/re-certification
- Investigate and resolve collateral and data discrepancies with custodians/transferring issuers
- Research and respond to inquiries from sub-servicers, custodians and transferring issuers
- Communicate daily with Management regarding status of collateral and pool certification
- Ensure new client applications are handled within acceptable SLA’s
- Act as a procedural point of reference for the team on lease and equipment finance credit issues
- Business Analysis experience within an Investment Bank
- 3 years minimum collateral experience is a requirement for this role, either from a line or Business Analyst position
- Collateral Optimisation is desired
- Experience with a system implementation project
Collateral Analyst Job Description
- Reviews collection received in the Cash Collateral Account and ensures accurate application on the collateral monitoring system
- Reviews and processes interest and fee invoice
- Develops and maintains solid working relationship with clients and R/Ms and provides exceptional customer service
- Understand the compliance and TD SLA obligations with regards to all customer communication (all channels), set up checks and balances to track compliance, and ensure that SLA’s are met
- Provide support in rapid mitigation of incidents related to incorrect or insufficient collateral including issues resulting in missed regulatory SLA’s
- Support the “Collateral Implementation Analyst” in the the ongoing monitoring of regulatory and internal agreement SLA’s for statements and plastics across all channels including TD and FirstData and escalate any delays or misses
- Work closely with Vendor Mgt Office (VMO) to ensure that any new vendors that are used for print production are properly vetted by VMO and assigned the correct information security status level “Critical Vendor” with high level of spend and potential exposure to personal information vs “Casual Vendor” for low level of spend and no exposure to personal information
- Procure materials, monitor quality, track fulfillment and reconcile invoices
- Analysis on data inputs/outputs to collateral systems
- Support defining User cases, test scenarios, review and validate test cases, support the testing process providing input where required on requirements
- Addressing requests from Regulators
- Driving appropriate calibration and applied counterparty risk models to ensure that haircuts are more accurately quantified
- Understanding of regulatory requirements means the business is forewarned of changes in the regulation and can prepare accordingly
- Developing new models to a tight timeframe with a potentially changing set of regulatory requirements
- Identifying risk and quantify these using models
- Forming a good understanding of the risk exposure taken within the bank in order to guide the development of new or enhanced risk methodologies
Collateral Analyst Job Description
- Document thoroughly all business requirements including current and future state process diagrams
- Work with the Project team including Project Manager, Functional Analysts, developers, Test Manager, Test Lead, Testers
- Identifying risks/issues with requirements and their mitigation and communicating to the project manager and stakeholders
- Fund and set up new loans on the Stucky System
- Analyze and review borrowing certificates, Accounts Receivables Agings, Accounts Payable Agings and Inventory Reports on a weekly, monthly or quarterly basis as required by the approved Credit Memorandum or other Credit Administration approvals -Prepare weekly/monthly/quarterly monitoring Report for submission to Credit Quality Management
- Review and resolve collateral disputes using various firm tools while liaising with clients, trading, Controllers, Credit
- Use your inquisitive mindset to identify control weaknesses with respect to process flow methodology develop an understanding of how cash flows and trades are valued and discounted inline with LIBOR and CSA specific methodologies
- Works with the Team Manager to formulate Borrowing Base Certificate formats for client use
- Provide guidance in the development of the technical design, test plans, and user documentation
- Provide support in implementation/conversion/client on boarding strategy planning and gap analysis
- Strong counterparty credit risk methodology background, preferably from a top tier firm
- Ability to successfully deliver projects within the agreed time scale
- Clear and demonstrable familiarity with counterparty risk metrics such as PFE, EE, EPE, NE, EEPE, Collateral
- Clear and demonstrable familiarity with market risk metrics such as VaR, IRC, RNIV
- Good understanding of statistics and familiarity with sophisticated tools for numerical analysis (eg
- Relevant working experience in either Risk Management or quantitative modelling of exotic parameters