Overview:
In this role you lead the collateral and margin operations for the broker-dealer, shaping a scalable, well-controlled platform. You collaborate with Trading, Treasury, Risk, Legal, Compliance, and other teams to optimize collateral utilization while maintaining controls and regulatory readiness. You will drive the future-state platform, implement robust processes, and mentor a high-performing team. This is a mission-critical, growth-oriented function that directly supports secured financing and related products. Compensation / Benefits Healthcare (medical, dental, vision) Life insurance Disability (short-term and long-term) Parental leave 401(k) and employer-funded retirement plan Paid vacation and holidays
Responsibilities:
Establish and lead the Collateral & Margin Management team with operating model, staffing, procedures, and governance Oversee daily margin and collateral activity including calls, movements, settlements, and reconciliations Manage collateral disputes and exceptions with root-cause remediation Provide oversight of collateral for repo/reverse repo and other financing or margin arrangements Collaborate with Trading and Treasury/Funding to improve collateral utilization and liquidity within risk controls Establish controls on haircuts, eligibility, concentration, terms, settlement, and exposures Lead requirements and implementation for the future-state platform including design, testing, and readiness Develop management information and KRIs for margin calls, disputes, and settlement metrics Support new products and partners by ensuring end-to-end operational readiness Maintain audit and regulatory readiness through procedures and controls Serve as senior SME on collateral and margin matters and develop team expertise through training
Key requirements:
Bachelor's degree or equivalent practical experience 8+ years of capital markets operations experience in collateral management, margin, repo/securities financing, or related functions People leadership Cross-functional collaboration Regulatory and risk awareness Knowledge of margin calls, collateral movements, substitutions, reconciliations, disputes, settlement, eligibility, and haircut concepts Experience with bilateral and tri-party repo and secured financing Platform transformation and controls design for collateral/margin systems