Posted last month
Collateral Management Associate
@ Groom & Associates
Montréal, Quebec
Overview
Groom & Associates is hiring a Collateral Management Associate for an international bank establishing its first Canadian office in downtown Montreal. The role manages margin calls, collateral contracts, reconciliations and MtM reporting, with a hybrid schedule of 3 office days and 2 remote days after probation, plus a 10% bonus and 4 weeks of vacation.
Responsibilities:
- Configure and manage collateral contracts
- Execute and monitor margin calls and settlements
- Perform collateral and portfolio reconciliations
- Investigate MtM variations and discrepancies
- Send MtM reports for NY time zone clients
Requirements summary:
- Bachelor's degree or BSc
- 2-5 years in a similar role
- Experience with collateral operations and margin calls
- Knowledge of Trioptima and Excel
- Understanding of OTC derivatives, repo and securities lending
Tools & skills
Source and dates
Source type not verified · njoyn
- Employer posting date
- 2026-10-05
- First seen by our source
- 2026-10-17
- Source record updated
- 2026-11-02
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Mid level |
| Department | Finance & accounting |
| Experience | 2+ years |
| Hours per week | 40 (estimated) |
| Schedule | day |
| Travel | air: none · ground: none |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
| Education | Bachelor’s degree (required) |
| Perks mentioned | Generous paid time off, Performance bonus |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Groom & Associates
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Full company description
We've been providing staffing solutions that work for companies in all fields for over 20 years. What makes us so successful? Experience and our unique ability to accurately assess and then match the candidate's individual job skills with the ideal position. Our wide range of services means we can offer a broad selection of qualified candidates - whether you need permanent team players or temporary replacements. We provide long-term solutions for all your recruiting, evaluation and personnel selection. Depuis plus de 20 ans, nous offrons aux entreprises des solutions uniques adaptées à leur recrutement de personnel. La clé de notre succès réside dans notre habileté à combiner les qualités d’un candidat à celles exigées pour un mandat. Notre éventail de services nous permet de vous proposer une grande variété de candidats hautement qualifiés qui peuvent se joindre à votre équipe de façon permanente ou temporaire. Nous fournissons des solutions à long terme pour : le recrutement, l’évaluation et la sélection de votre personnel
- LinkedIn followers
- 90,996
- People associated on LinkedIn
- 40
- Reported office locations
- 360 Rue St-Jacques, G-100, Montreal, QC H2Y 1P6, CA
- 999 Canada Place, Suite 404, Vancouver, British Colombia V6C 3E2, CA
- 151 Yonge Street, 11th floor, Toronto, Ontario M5C 2W7, CA
- 5925 Airport road, Suite 200, MISSISSAUGA, Ontario 4V 1W1, CA
- 343 Preston Street, 11th floor, Ottawa, Ontario K1S 1N4, CA
- Other recorded names
- Groom & Associés / Associates
- Specialties
- IT recruitment
- Sales & Marketing Recruitment
- Finance & Accounting recruitment
- Administration & Operations recruitment
- Engineering recruitment
- Science & Pharmaceutical recruitment
- Temporary Recruitment
- and Executive search recruitment
- Profile identifies a recruitment agency
- Yes
We've been providing staffing solutions that work for companies in all fields for over 20 years. What makes us so successful? Experience and our unique ability to accurately assess and then match the candidate's individual job skills with the ideal position. Our wide range of services means we can offer a broad selection of qualified candidates - whether you need permanent team players or temporary replacements. We…
| Field | Value |
|---|---|
| Industry | Staffing and Recruiting |
| Company size | 11-50 employees |
| Headquarters | Montreal, QC |
| Organization type | Privately Held |
| Specialties | IT recruitmentSales & Marketing RecruitmentFinance & Accounting recruitmentAdministration & Operations recruitmentEngineering recruitmentScience & Pharmaceutical recruitmentTemporary Recruitmentand Executive search recruitment |
| Open jobs on Jobsy | 24 |
| View page |
Status: Permanent, Full time
Salary: Annual salary + 10% bonus + 4 weeks of vacation + health benefits
Location: Downtown Montreal, Quebec - Hybrid 3 days in office, 2 days work from home after the probation period
TO APPLY: Please send your resume to [email protected]
Our client is an international banking and financial institution with divisions located in the Americas, Europe, Asia,and the Middle East. They are establishing their first Canadian office and are expecting exponential growth.
The Collateral Middle Office is responsible for executing and monitoring margin calls and interest according to the parameters established in the contracts, with management systems varying between COMET/DRACCAR for derivatives and bond repos, APEX for bond lending/borrowing, and SFCM for equity lending/borrowing. It is also in charge of reconciling positions with counterparties, monitoring and escalating issues regarding counterparties with discrepancies or unusual counterparty behaviors, and executing and monitoring reporting, particularly MtM (Mark-to-Market) reports.
Key Responsibilities:
Capture of collateral contract terms
• Configuration of collateral contracts in management tools
• Management of the collateral contract lifecycle (amendments, closures, modifications, etc.)
• Participation in collateral contract negotiations in case of non-convergence with our standards
• Ensure completeness of configurations through reconciliations between management systems and the legal database
Margin call management
• Notification, confirmation and booking of margin calls in COMET for bond repos and OTC derivatives, in APEX for bond SLB and in SFCM for equity repos and SLB (NY time zone)
• Contact with Front Office to borrow securities posted as collateral
• Coordination with BO payment teams for margin call settlements
• Analysis, monitoring and resolution of payment suspense items (cash and securities)
• Analysis of collateral balances
• Coverage of non-standard collateral operations (Secured Deposits, Secured Notes, Secured Loans, etc.)
Controls and reconciliations
• Margin call controls: Notifications sent, amounts booked in the tools
• Margin call reconciliation
• Implementation of regulatory reconciliations in management tools for uncleared OTC Derivatives (COMET/Trioptima)
• Execution of portfolio reconciliations in Trioptima and EXCEL (regulatory and in case of margin call disputes)
• Investigation of significant MtM variations and breaks identified in reconciliations (MtM or inventory discrepancies)
• Daily reporting and monitoring of discrepancies and disputes detected
MtM Reporting
• Sending of MtM reports for NY time zone clients (Daily, weekly or monthly)
• Monitoring of DFA daily marks operations/clients
• Management of audit requests on market operations
Projects, processes and procedures
• Participate in improvement projects in collaboration with Paris teams (including UAT)
• Formalize and document the various processes
Transverse
• Reporting activities (Internal–KPI, KRI – External to regulatory authorities/Market surveys)
• Incident reporting process
• Business development: provide opinions/analyses on NAPs, participate in UATs (system upgrades, new products, etc.)
• Management of requests received from clients/other departments and escalation of any atypical request/situation
Qualifications:
- Bachelor Degree / BSc Degree
- Experience with collateral operations required.
- Experience with Margin Calls
- Understanding of Reconciliations preferred
- 2-5 years of experience in a similar role
- Client Relationship management
- Strong Verbal and written communication skills
- Strong knowledge of Excel
- Knowledge of Trioptima
- Understanding of legal matters and Collateral contracts
- Understanding of activities related to OTC derivatives/Repo/Securities lending and borrowing
- Team spirit/ability to make proposals
We thank all candidates for showing interest in this role; however, only retained candidates will be contacted.
For more information on our recruitment services, please visit our website www.groomassocies.com
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