Collateral Management Analyst

Firm Overview

Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven, Equity Long/Short & Capital Markets, and Quantitative Strategies.

Responsibilities

• Manage and process daily margin calls for all accounts in TriOptima.
• Monitor and resolve exposure discrepancies and disputes with counterparties.
• Oversee reconciliation processes, ensuring accuracy of portfolio data and valuations.
• Escalate significant discrepancies to appropriate internal stakeholders.
• Maintain strong working relationships with counterparties, operations and margin team.
• Establish and enforce operational controls related to margin call processes.
• Conduct regular reviews of portfolio differences and take ownership of resolving exceptions.
• Solid background in Collateral Management Operations: Bilateral OTC Derivatives, Cleared Swaps, ABS/MBS, FX Products, ETDs, TBAs and Repos.
• Strong understanding of CSA agreements, ISDA conventions, and regulatory requirements.
• Hands-on experience with TriResolve, Acadiasoft, or comparable platforms.
• Strong analytical mindset with a track record of solving operational and reconciliation challenges.
• Ability to work under pressure in a fast-paced environment.
• Strong interest in AI and a desire to incorporate it into everyday work. Continuously explores new tools, thinks creatively about automation opportunities, and, with appropriate guidance, leverages AI for coding, database development, analytics, and process improvement.

Qualifications

• Excellent written and verbal communication skills.
• High level of intellectual curiosity, strong work ethic, and a keen attention to detail.
• Ability to work effectively in a team-oriented, fast-paced, and dynamic environment.