Collateral Manager - Hedge Desk

We are seeking a Collateral Manager to join our team.

As a Collateral Manager within our oil trading company's hedge desk, you will play a pivotal role in managing collateral assets to support our trading activities in the financial markets. You will be responsible for overseeing open positions in derivatives, optimizing collateral utilization and brokers fees to ensure the efficient execution of hedge strategies. This role requires a deep understanding of oil markets, derivative products, and collateral management principles, as well as the ability to collaborate effectively with trading teams, counterparties, and internal stakeholders.

Key Responsibilities:

• Collateral Management: Manage the daily collateral activities, including margin calls, collateral transfers, and dispute resolution processes. Ensure accurate and timely processing of collateral transactions while adhering to regulatory requirements (ICE exchange and UK Financial Conduct Authority regulations) and internal policies.
• Collateral Optimization: Implement ICE Risk Model into the corporate in-house IT system to optimize collateral utilization, forecast and minimize funding costs associated with hedging activities.
• Communication and Collaboration: Collaborate closely with hedge desks, risk management teams, and treasury to facilitate collateral movements and resolve issues proactively. Communicate with counterparties to address margin requirements, brokers fees optimization and ensure compliance with contractual agreements.
• Reporting and Analysis: Generate reports on collateral positions, margin utilization, and brokers fees for senior management. Conduct regular analysis to identify trends, assess performance, and recommend enhancements to collateral management processes.
• Regulatory Compliance: Stay abreast of regulatory developments and industry best practices related to collateral management.

Qualifications:

• Bachelor's degree in finance, economics, or a related field. Advanced degree or professional certification (e.g., CFA, FRM) is a plus.
• 3+ years of experience in collateral management, preferably within an oil trading company, energy hedge fund, or commodity trading firm.
• Strong understanding of derivative products (e.g., futures, options, swaps), and collateral management principles specific to the commodities trading industry.
• Proficiency in Microsoft Excel for data analysis and reporting.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external counterparties in a fast-paced trading environment.
• Detail-oriented mindset with strong analytical skills and the ability to manage multiple tasks simultaneously under tight deadlines.
• Knowledge of regulatory requirements to commodity derivatives trading (e.g., ICE exchange and UK Financial Conduct Authority regulations).

Benefits:

• Competitive compensation package with performance-based bonuses
• Medical insurance
• Opportunities for career advancement and professional development in a dynamic and rapidly evolving industry
• Exposure to a collaborative and entrepreneurial work environment within a leading oil trading company.

Join our team and contribute to our success as a Collateral Manager on the hedge desk, where your expertise in collateral management and risk mitigation will be instrumental in supporting our energy trading activities!