Join Macquarie as OTC Margining and Collateral Senior Associate! This role will allow you the opportunity to focus on a variety of aspects of Margining and Collateral Operations supporting our trading businesses. You may also gain exposure across other areas such as Futures Margining and Portfolio Reconciliations.

About the role

Liaising with closely with a range of internal and external stakeholders, you will be responsible for:

• ensuring all margin calls are issued by required cut-offs on a daily basis
• responding to all margin calls received in group email box in an accurate and timely manner
• managing daily reconciliations and ensuring all breaks are cleared accordingly
• ensuring all payments have been processed on a daily basis
• ensuring all client reporting has been distributed as per the schedules
• reporting to credit on a daily basis any disputes and look for resolution with the business and client
• OTC investigations; including, actioning any expired documents, reviewing and actioning errors and warnings and updating any new agreements
• working with the various business areas on new initiatives and seeing through to a successful delivery

About you

To be successful, you will be able to demonstrate excellent interpersonal skills and the ability to build relationships at all levels. You will have a background in middle office operations and will have working knowledge of OTC derivatives and an understanding of the market.

You will also be able to demonstrate the following:

• Strong attention to detail as well as an ability to view the bigger picture
• Ability to handle multiple tasks and prioritise effectively in a fast-paced environment
• Ability to work and contribute as part of a team
• A track-record of generating new ideas and re-engineering processes to create more control or efficiency
• Ability to overcome obstacles and maintain a positive approach in difficult and challenging market conditions
• Good understanding of the banking operations, OTC, the financial markets, and current regulatory changes

About us

The Market Operations Division (MOD) provides essential and professional services across all areas of Macquarie. The group sets and maintains high standards and is continually developing operating efficiencies and setting industry benchmarks in service delivery. The MOD Collateral Management team is responsible for the Middle and Back Office activities for Collateral and Margin management.

Our commitment to Diversity and Inclusion

The diversity of our people is one of our greatest strengths, and an inclusive 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.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other impermissible criterion or circumstance. Macquarie also takes affirmative action in support of its policy to hire and advance in employment of individuals who are minorities, women, protected veterans, and individuals with disabilities.

We equip our people with the support to work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.