JobFull time

Deputy Head of Margin, US Derivatives Execution and Clearing Operations

at BNP Paribas · San Francisco

Details.

Acts as Deputy Head of Margin for all listed products in the United States, manages margin teams in Jersey City and Bangalore, oversees margin call reporting, monitors intraday client deficits and margin realignments, ensures obligations to clearing organizations are met, supports cross-margin requirements, documents procedural updates, works with Change and Design and IT teams on regulatory solutions, interacts with clients and business partners, and oversees margin calculations, cash management, collateral settlements, reconciliations, regulatory reviews and operational controls. Requires a bachelor's degree, at least 10 years of experience in margining exchange listed products, knowledge of derivatives and capital markets operations, regulatory experience, client interaction experience, reconciliation skills and Microsoft Excel proficiency. The expected starting salary is $125,000 to $155,000 annually.

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