Assistant Vice President, Collateral Management

Overview

In this role you will support MUFG Securities EMEA in London by managing collateral across asset classes, ensuring timely margin settlements and regulatory compliance. You will collaborate with Front Office, Risk, Operations, and external partners to optimise collateral usage and maintain operational integrity. The position offers exposure to multiple products (OTC, Repo, Securities Borrowing and Lending) and a chance to influence processes and controls in a global, inclusive culture. You will shape efficient workflows, drive risk-aware decisions, and contribute to a high-performance collateral function within a leading financial group.

Pay / Benefits

• flexible working arrangements
• generous training support

Responsibilities

• Process daily margin exposure across all asset classes (OTC non-cleared/cleared, Repo, SBL) by engaging counterparties and aligning with MUFG valuations
• Ensure margin bookings are accurately reflected in core systems and approvals occur timely
• Resolve cash and non-cash fails to maintain smooth transaction flow
• Utilise Cheapest to Deliver collateral strategies to optimise collateral usage
• Manage collateral disputes and reconciliation for VM and IM with senior stakeholders
• Oversee regulatory and controls reporting, and manage relationships with internal and external partners
• Support SOX compliance and Key Control Testing with internal/external audits
• Perform balance substantiation reconciliation using analytical tools
• Maintain up-to-date process procedures and drive efficiency by reducing manual touchpoints
• Provide guidance to team members, support vendor interactions, and conduct performance feedback and reviews

Key requirements

• Solid understanding of ISDA CSA, GMRA, GMSLA agreements
• Knowledge of derivative trade life cycles (capture/allocation/confirmations/exception handling)
• Familiarity with Uncleared Margin Rules and current regulatory frameworks
• Experience with REPO and OTC Derivatives margins
• Strong ability to analyse PVs and challenge discrepancies
• Experience with TriResolve reconciliation platform and Acadiasoft
• Understanding of Cheapest to Deliver strategies for collateral optimisation
• Experience handling large data sets and using data visualisation tools
• Knowledge of CCPs, clearing arrangements, and margin processes for Clearing Houses
• Understanding of Repo/Securities Borrowing & Lending workflows

• Collaborative mindset
• Strong communication with senior stakeholders
• Analytical problem-solving
• Derivatives trade life cycle expertise
• Regulatory compliance knowledge (Uncleared Margin Rules)
• Collateral management tools (TriResolve, Acadiasoft)

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