U.S. Bank
U.S. Bank
U.S. Bank este o instituție de servicii financiare cu sediul în Statele Unite, care deservește persoane fizice și companii prin servicii bancare pentru retail și companii, administrarea averilor, evaluarea creditelor și administrarea investițiilor. Compania sprijină, de asemenea, inițiativele de educație financiară și implicarea în comunitate. Conținutul său despre cariere evidențiază accentul pus pe incluziune, cultura organizațională, dezvoltarea angajaților, precum și sănătate și bunăstare. U.S. Bank este membră FDIC pentru produsele de depozit eligibile; produsele de investiții și de asigurare nu sunt asigurate de FDIC și își pot pierde valoarea.

Vice President, Head of Collateral and Margin Management

Lead U.S. Bank’s collateral and margin operations for broker-dealer financing. Build the operating function and oversee controls, platform implementation, regulatory readiness, and coordination across market operations.

Descriere

  • Build and lead collateral and margin operations for the broker-dealer.
  • Set up the Collateral & Margin Management team, defining its operating model, staffing, procedures, controls, service levels, metrics, and escalation governance.
  • Oversee daily margin and collateral work, including calls, collateral movements, substitutions, eligibility checks, settlement, reconciliations, and exception handling.
  • Investigate and resolve collateral disputes and breaks, documenting findings, escalating issues, and addressing root causes.
  • Oversee collateral operations for repo and reverse repo, along with other covered financing or margin arrangements.
  • Work with Trading and Treasury/Funding to improve collateral use, liquidity efficiency, and visibility while meeting legal, regulatory, risk, and control requirements.
  • Set controls for haircuts, eligibility rules, concentration limits, margin terms, settlement status, and counterparty exposures.
  • Lead requirements and implementation for the future margin and collateral platform, covering workflow design, data needs, user acceptance testing, conversion, controls, and production readiness.
  • Develop management information and key risk indicators for margin calls, disputes, aging, collateral balances, settlement failures, exceptions, capacity, and operational risk.
  • Assess operational needs and ensure end-to-end readiness for new products, counterparties, clearing arrangements, and strategic launches.
  • Keep the function ready for audits and regulatory reviews through documented procedures, evidence, supervisory controls, issue management, and lasting remediation.
  • Act as the senior operations subject matter expert and escalation contact for collateral and margin issues.
  • Build team expertise through training, coaching, and cross-training.

Cerințe

  • Bachelor’s degree or equivalent practical experience.
  • At least 8 years of relevant capital markets operations experience, including substantial work in collateral management, margin operations, repo or securities financing, or related functions.
  • Demonstrated people leadership and experience in a regulated broker-dealer or comparable institutional markets environment.
  • Strong knowledge of margin calls, collateral movements, substitutions, reconciliations, disputes, settlement, eligibility, and haircuts.
  • Experience working with Front Office, Treasury/Funding, Risk, Legal, Compliance, Technology, and external market infrastructure providers.
  • Experience with bilateral and tri-party repo, secured financing, fixed income products, and collateral optimization.
  • Experience implementing or transforming a collateral or margin platform and designing operational technology controls.
  • Knowledge of U.S. broker-dealer regulatory and control requirements for margin, collateral, customer protection, capital, and secured financing operations.
  • Experience supporting audits, regulatory examinations, new-product approvals, and large-scale change programs.
  • Relevant FINRA registrations for assigned supervisory responsibilities, or ability to obtain them if required.
  • Ability to work from a U.S. Bank location at least three days per week.
  • Ability to comply with U.S. Bank policies and procedures, including its Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Beneficii

  • Medical, dental, and vision coverage.
  • Basic and optional term life insurance.
  • Short-term and long-term disability coverage.
  • Pregnancy disability coverage and parental leave.
  • 401(k) plan and employer-funded retirement plan.
  • Paid vacation, ranging from two to five weeks depending on salary grade and tenure.
  • Up to 11 paid holiday opportunities.
  • Adoption assistance.
  • Sick and Safe Leave accrual of one hour per 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
  • Incentive and recognition programs.
  • Equity stock purchase.
  • 401(k) contributions and pension.

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