Responsibilities:

Third Party/Tri-Party Collateral

• Source market and product information on Tri-Party or Third Party Collateral Agent Services
• Recommend Third Party Custodians to Project Group based on Intercompany pairings or external counterparty pairings   (where Liquidity or Custody Services agreement is required)
• Assist with appointment of Third Party Custodians, including review, negotiate and execute relevant Liquidity or Custody Services Agreements, Fee Schedule and Service Level Agreement on behalf of Bank entities
• Support provision of related KYC and on-boarding documentation required by Service Provider
• Provide support and contacts between Tri-Party Collateral Services and Bank

Bi-Lateral Collateral (Cash/Non-Cash)

• Recommend cash and securities agent banks to Project Group to support collateral requirements
• GNM representative in New Business Process / Project Group to assist with the appointment of agent banks
• Review, Negotiate and execute Custody Agreements, Service Level Agreements and Fee Schedule pertaining to above
• Support provision of related KYC and on-boarding documentation required by service provider
• Act as introductory contact point between provider and Bank Front Office/Operations  utilizing service.

Requirements:

• At least 8 years of Banking experience will be beneficial
• Broad experience in collateral product will be beneficial
• Having an existing network with Third Party Custodian Banks (e.g. BONY, Clearstream, JPM, Euroclear) will be beneficial
• Good with the use of Excel and PowerPoint slides
• Clear and effective communication skills
• Good negotiation skills
• Self-motivated with the ability to work independently
• Solid strategic analysis, problem solving, and issue resolution

Salary: $19,500 Per month