SMBC Capital Markets, Inc. is seeking a temp to work in the Settlements group. The candidate will be immersed in the reconciliation function for Margin Operations. Collateral Management for VM and IM will be required as well as payment processing, updating on books and records, and portfolio reconciliation.
Learn all areas of Margin Operations which includes daily VM and IM processing, Collateral Payment Processing, update of books and records and reconciliation of portfolio. Candidate will be exposed to regulatory requirements for non-cleared margining and reconciliation. In addtion, candidate will be managing the margin of cleared trades and its reconciliation. Role will also require reconciliation of futures and options margin with brokers.