Do you have experience as a financial analyst dealing with margins and collateral management processes? If so we have an excellent opportunity at an industry-leading client (Energy, Utilities, etc.) as a Margin Analyst. You must be able to commute to Holyoke MA as least 2-3 days per week for this HYBRID position. This contract position is slated for 3 months with likely extension, with potential a similar or related permanent role. Salary: $45.00 to $57.00 per hour based on experience (40 hour HYBRID work week) Primary Responsibilities Administer the collateral management process related to Letters of Credit, cash deposits with the Mutual Funds and Surety Bonds Administer the procedures pertaining to the intra-day margining processes related to physical and financial positions Evaluate the daily collateral requirements regarding market auction bids and offers Administration of market participant financial reporting and risk management documentation posting requirements including quarterly and yearly financial statements Ensure risk management system is updated with market participants latest external and internal credit ratings Quarterly update of all assigned margining operations business processes and procedures Support building and maintenance of tools and system solutions related to market participant collateral posting requirements Work independently to resolve customer questions/issues Requirements 2-3 years’ related experience (margin analysis, collateral management, etc.) Understanding of energy markets is a strong plus Knowledge of collateral management instruments such as letters of credit and other security arrangements (surety bonds / mutual funds) Bachelor’s degree in Finance, Business or a Technical Degree Multi-task effectively on complex margining operations processes Consistently meet intra-daycollateral management deadlinesin a fast-paced environment Strong process management skills Works well independently and with a team Strong communication skills
