Daily margin call management, reconciling, and settling cash/crypto collateral movements.
Monitoring of client exposures and margin levels, escalating to Risk and Senior Management when necessary.
Adopt a model of continuous improvement to allow the organization to refine collateral and clearing risk management processes, enhance controls, and embrace new methods and technologies to stay ahead of potential risks
Horizon scan to increase awareness of the potential operational risks affecting the business
Continually drive for enhanced efficiency and client service (internal and external) for all collateral management and clearing risk processes
Ensuring regulatory compliance with margin processes
Managing digital asset and fiat related trade settlement and communicating with internal and external trading counterparties to ensure timely and accurate settlements.
Trade reconciliation from post trade to settlement to ensure correct and timely settlement.
Liaising internally with the wider trading, OTC and options teams on balances and settlement status, and providing administrative and client communication support where needed.
Asset rebalancing and whitelisting of crypto addresses across multiple CEXs and DEXs; across multiple platforms.
Requirements
3+ years of prior experience in a collateral management or risk clearing function.
3+ years of prior trading and/or trading operations experience - with settlements and trading reconciliation at its core, and a strong preference if that included crypto assets.
Experience working in a crypto or tradfi banking environment across multiple currencies and managing different forms of money transfers/wires – with experience in managing clearing/settlement within cutoff times.
Knowledge and understanding of financial products including spot and derivative instruments and the risk/reward tradeoffs of leveraged (margined) instruments
Understanding the function of exchanges, clearing houses, initial & variation margin
Minimum Bachelor’s degree in a quantitative field e.g., Finance, Economics, Engineering, Accounting, etc.
Based in the London area and able to work in a hybrid arrangement
Benefits
A competitive salary package
The freedom to create your own entrepreneurial experience by being part of a team of people in search of excellence
Job title
Trading & Risk Operations Specialist – Digital Assets
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