REPO Operations Specialist # 090129

Job description

The collateral function exists to mitigate counterparty risk in the capital markets according to the agreements executed by the Firm. This involves reviewing the firm's exposure (Repo, Securities Lending, OTC Derivative or Prime Brokerage) on a daily basis and working with the counterparty to either deliver or receive cash or securities to extinguish the exposure.

Main duties of the role will include:

· Core collateral management tasks:
· Issuing margin calls to clients/Respond to client margin calls.
· Booking agreed collateral into various systems.
· Investigation and reconciliation of client portfolios aligning MTM's and mitigating the firm's risk.
· Agreeing and settling interest on cash collateral and payment processing.
· Relationship management: daily engagement with key external and internal stakeholders, performing the daily margin process and managing client expectations.
· Collaboration: interface with other divisions and departments in implementing standards and processes to support effective management of counterparty exposure.
· System Implementation:
· Assisting with testing and implementation of new Global Collateral Margining system.
· Opportunity to work with other regions to ensure roll out is a success.
· Identify solutions that will deliver process and system improvements.

This is a high performing risk-focused unit which operates with an ethos of innovation, continual improvement and process development.

The successful candidate can expect to gain a broad understanding of Operations including an introduction to:

· Repo
· Credit Risk Management
· Treasury
· Cash Management
· Sales and Trading
· Control
· Legal

Open to discussing flexible/agile working.

Desired profile

·  In depth understanding of OTC Ftb trade life cycle would be a solid asset
·  Minimum 3 years industry experience
·  Experience in Microsoft Office Applications, in particular, good Excel skills
·  Control focused with proven data analysis experience
·  Solid communication and client service skills
·  Ability to forge solid working relationships with the ftb functions (FO, PC, Trade Management)
·  Willingness to work between 9:00 - 18:30 (2 shifts)

If you apply for this role this means you agree with the following statement:

“Through my application for a role with Credit Suisse (Poland) sp. z.o.o. (the Company) I hereby authorize the Company to process my personal data for the purposes of job recruitment. Furthermore I declare that I am aware of the voluntary submission of data and I am informed about the right to access the data and the right to correct it, pursuant to the Personal Data Protection Act of 29 August 1997 (Journal of Laws [Dz.U] No. 133, item 883)”. I authorize Company to process my personal data for future recruitment processes.

Furthermore, I authorize Credit Suisse Group AG and its' affiliates, Taleo (UK) Limited, cut-e AG Kleiner Burstah 12 and milch & zucker The Marketing & Software Company AG to process my personal data.

Credit Suisse and affiliates registration details.-

Credit Suisse (Poland) sp. z.o.o Registered office - Rondo ONZ street, 00-124 Warsaw
Credit Suisse Group AG Registered office - Paradeplatz 8, 8001 Zurich, Switzerland and its' affiliates
Taleo (UK) Limited Registered office - 78-586 Chiswick High Road, London W4 5RP, United Kingdom,
Cut-e AG Kleiner Burstah 12 Registered office - 20457 Hamburg, Germany and
Milch & Zucker The Marketing & Software Company AG Registered office - Küchlerstraße 1, 61231 Bad Nauheim”