Senior Associate, Collateral Management

Capital One
McLean, Virginia
Oct 24, 2021
Nov 23, 2021
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Senior Associate, Collateral Management

Treasury is seekinga Senior Associate who is highly dependable, intellectually curious and can handle pressure to be a key member of Corporate Treasury'sCollateral Management team. Collateral Management is responsible for posting/collecting collateral as a means of mitigating counterparty credit risk for several different types of transactions: Derivatives (Uncleared and Cleared); Capital Market transactions, Collateralization of funding programs for liquidity purposes and for specific client deposit programs.

  • Manage the calculation, collection and posting of variation and initial margin and independent amount for derivative transactions in the Collateral Management System.
  • Ensures collateral posted to Capital One by counterparties is maintained in accordance with applicable regulatory requirements and the legal agreement terms, including appropriate segregation, if applicable.
  • Monitors the internal initial margin threshold on a counterparty basis to determine if CONA needs to establish initial margin swap documentation with the counterparty.
  • Performs periodic reconciliation of collateral custody accounts.
  • Identifies margin discrepancies, manages valuation dispute process and related reporting.
  • Recommend and implement process changes to improve operational efficiency
  • Developing and maintaining productive relationships with key internal and external partners
  • Support all corporate collateral management programs and daily, monthly and quarterly reporting in accordance with internal controls and policies
  • Support Internal/External Audit requests

Basic Qualifications
  • Bachelor's Degree or military experience
  • At least 2 years of Treasury, Capital Markets or Finance experience
  • Proficiency with Excel (macros, pivot tables, etc.)

Preferred Qualifications
  • 2+ years of experience in Capital Markets
  • Coding experience (Python, SQL, etc.)
  • Understanding of derivatives and mortgage- backed securities
  • Strong communication and analytical skills
  • Experience presenting complex information to senior leadership

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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