Assistant Manager

Job Title: Assistant Manager US Domestic SLAB & Collateral Management

Department: Market Operations SLAB & Collateral Management

About the Role:

The Assistant Manager is responsible for overseeing daily SLAB and collateral management operations,

including exposure monitoring, collateral trade bookings, recalls, returns, and ensuring accurate and timely

settlements. The role partners closely with traders, sales, custodians, and control teams to ensure effective

risk mitigation, operational excellence, and regulatory adherence.

Key Responsibilities:

o Oversee daily processing of collateralised agreements across derivatives, securities lending, and

repo activity.

o Supervise booking of collateral trades and management of bilateral exposures.

o Review recall and return bookings and ensure timely execution of counterparty requests.

o Coordinate triparty recalls, borrow requests, and pledge-in requirements to avoid shorts or buy-

in risks.

o Oversee Nostro and Depot reconciliation break investigations and ensure timely clean-up.

o Review accounting break investigations and collaborate with Control & Accounting teams for

resolution.

o Monitor market risks and ensure appropriate escalation and mitigation actions.

o Support improvement of STP rates and upkeep of static data to reduce settlement risk and

operational costs.

o Minimize manual instructions by optimizing workflow and adherence to compliance rules.

o Maintain strong working relationships with traders, sales teams, domestic agents, and

custodians.

o Coach and support new joiners, including documentation of procedures and best practices.

Skills & Qualifications:

o Strong analytical and decision-making abilities.

o Ability to work effectively under pressure in a global environment.

o Deep understanding of collateral management, SLAB processes, financial markets, and Excel.

o High attention to detail and adherence to compliance standards.

o Effective communication and stakeholder management skills.

Education & Experience

o Bachelor's degree or equivalent.

o 510 years of relevant experience in SLAB, collateral management, or securities settlements.