Entity
About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world.
Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade.
The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.
For more information, please visit www.ca-cib.com
Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference
2025-97683
Update date
12/03/2025
The primary purpose of this position is to provide direct support to the booking and settlement of collaterals by being versed in the systems that support these operations. These systems include GV Collat/COMET/DRACCAR, as well as front office systems (Orchestrade, Murex FCO, Helix, etc). Reconciliations of portfolios have to be done in case of discrepancies with the counterparty and MTM reporting need to be sent.
Main tasks of the team:
1) Margin call management
• Margin call notification, confirmation and booking (in GVC) for Repos and OTC derivatives(in Comet) (NY time zone)
• Reconcile portfolios (Repo & Securities Lending) when discrepancies on margin call
• Coordination of booking and payments/settlement with MOs and BOs.
• Follow unsettled collateral flows
• Investigate on accounting discrepancies
2) Control and reconciliations
• Controls on margin calls: notices exchanged, amounts booked in GVC/Comet, stock reconciliation on repos margins
• Follow up in TriOptima or manual reconciliations for collateralized and non collateralized counterparties (EMIR) –OTC derivatives-
• Investigation on significant MtM variations, with escalation process if needed
• Set up (creation or modification) of contracts in GVC/Draccar depending on agreement terms for repos and derivatives
• Daily Reportings on discrepancies and disputes
3) MtM Client
• Producing MTM Client reporting and reports for NY time zone counterparties (daily, weekly or monthly reports)
• Follow up of DFA daily marks (check, new reports)
• Management of audit requests
4) Projects, process and procedures
• Participate to projects development with Paris (including UAT)
• Maintain, improve, develop activity
• Formalizing processes and documenting procedures
6) Transverse
Activity reporting (internal – KPI, KRI - and external - to regulatory authorities/Market surveys)
Contribution to ePCC, Incident reporting processes
Business development: provide input/analysis in the NAP, participate in UAT (system upgrades, new products…).
Management and Reporting:
Reports to the Head of Collateral Team
Key Internal Contacts
Legal Department, Back/MO Office, Front Office, MaM, Risks, IT Teams.
SPECIAL ROLE REQUIREMENTS:
Required:
Client Relationship management
Strong Verbal and written communication skills
Strong knowledge of Excel
Preferred:
Knowledge of GV Collat/Comet/Draccar/Trioptima
Understanding of Legal issues and legal documentations pertaining to Collateral
Understanding of derivatives and repos activity
Capacity to cooperate / ability to propose improvement
Salary Range: $90k - $110k
#LI-DNI
Bachelor Degree / BSc Degree or equivalent
English (French is a plus)
Experience with collateral processes required.
Understanding of
Reconciliations preferred
Client Relationship management
Strong Verbal and written communication skills
Strong knowledge of Excel
Preferred:
Knowledge of GV Collat
Understanding of Legal issues and legal documentations pertaining to Collateral
Understanding of derivatives and repos activity
Capacity to cooperate / ability to propose improvement
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