Margin and Collateral Analyst

About the Role

The Margin and Collateral Analyst role is within the Credit Operations group, reporting to Credit Risk Management. The team monitors JPMorgan Global Wealth Management exposures, including loans, OTC derivatives, and brokerage margin loans, secured by financial and other assets. The role involves managing intraday transactions, exceptions related to secured credit facilities, and pledged collateral. The team also participates in development projects, reporting, analytical functions, and partners with program and technology resources to improve platforms and functionality. This function is critical to protecting the bank from potential credit losses.

Key Responsibilities

• Set up agreement terms regarding collateral in credit systems for ongoing compliance monitoring. If credit systems cannot support monitoring, set up the agreement for offline monitoring.
• Monitor collateral daily and identify non-compliant scenarios.
• Confirm accuracy and escalate non-compliant scenarios to Credit and Bankers for resolution plan and date determination.
• Manage requests for intraday transactions and approve if collateral position and/or covenant compliance is adequate.
• Manage amendments to original agreement terms, including lending value and covenant requirement changes, and ensure accurate reflection in credit systems.
• Manage third-party pledge scenarios.
• Regularly update credit system valuations regarding external assets.
• Participate in credit system defect identification, User Acceptance Testing (UAT), and ongoing business requirement discussions.
• Manage initiatives to resolve control gaps and enhance current processes for efficiency and effectiveness.

Requirements & Tech Stack

• Excel skills

Qualifications

• Bachelor's degree in a relevant field or equivalent experience.
• Strong project management skills – experience managing process reengineering initiatives.
• High-level of proficiency in organizing, prioritizing, and managing issues.
• Strong independent judgment and awareness of appropriate escalation.
• Attention to detail.
• Strong analytic skills.
• Must be self-motivated and able to work independently.

Knowledge of bank systems and loan/credit operations is a plus.

Operational Management experience is a plus.