Manager Collateral Management (42141) in England - London, United Kingdom

at RBC Wealth Management

Banking / Financial Services
Project Management
Minimum Qualification
Bachelor's Degree
Required Experience
7 - 10 years
Employment Type
Full Time
Male or Female
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Job Description

Responsible to lead the direct day to day on Collateral Management Cash and Securities for Derivatives Products and ensure that the strategy, Innovation and goals defined by the Director of Middle Office Services Client Operations are implemented and achieved in Luxembourg & Europe.


Operational Effectiveness

Ensure an accurate calculation of portfolio exposition and margin calls according to the arrangements in place to respect the timeliness required to meet market deadlines in terms of the different exchanges with the different counterparties

Maintains effective working relationships with clients, other departments, market counterparties and service providers.

Develop the team members to ensure the department knowledge service growth.

Participate in the development and implementation of new features related to the collateral management services and system application.

Communicates status and establishes areas for improvement (Oversees the efficiency of the daily operations).

Ensures adequate backup through cross training.

Validate service expectations

Communicates and manages the collateral service according to department goals and performance targets, and contribute for enhancements to operational processes to more effectively meet client needs.

Risk Management

Ensure procedures are adequate to ensure compliance with applicable regulatory & audit requirements as internal well risk management requirements policies.

Ensure Collateral management operations are included in the Business Continuity Plan.

Ensure operational risks are all identified.

Ensure risk mitigation via the planning and implementation of a dedicated action plan (RCSA, internal/external audit)

Implement the appropriate Metrics to Measure and control collateral Management day to day

Client Service

Ensuring deliverables meet both internal and external client needs and expectations.

Maintain strong and trustworthy relationships with clients and Counterparties

Participate to represent Collateral Management operations if required.

General Management

Develop others competencies and technical skills.

Ensure knowledge transfer in the team.

Reduce the turnover at the maximum and retain key people in the Collateral Management Derivatives Products Team.


Collateral Management Production

Monitoring and tracking of collateral assets

Maintenance of Collateral Agreements

Legal Documentation

Counterparty Risks

Risk of financial loss through errors and omissions

Team Management



Degree with a financial concentration or equivalent experience.

Solid and proven industry experience in product and operations environment.

Strong Management experience required

Strong collateral management experience in bilateral and tripartite arrangements for the different financial instruments ( Derivatives, repurchase agreements, securities lending and credit lines)

Strong Experience with ISDA, CSA, pledge agreements and others...

Strong experience dealing with counterparties (Brokers, Prime Brokers, Clearing Brokers, custodians and asset managers)


Analytical Thinking

Concern for Order and Quality

Developing Others


Planning and Implementation

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