Collateral Management Analyst

Skill Band: Operations Location: London

Type: Temporary Date Posted: 30 Mar 2026

Commodity Settlements & Clearing Senior Analyst About the Job

The Operations department is responsible for ensuring the complete end-to-end processing of the Bank's transactions and services. They are responsible for ensuring that the appropriate control framework exists to ensure the accuracy of this processing as well as the recording of this in the Bank's books and records. Operations are also responsible for the accurate and timely reporting of the Bank's transactions to multiple regulatory stakeholders globally.

What you'll be doing

The primary purpose of this role is the execution of Collateral Management functions within the Collateral, Client Services and Clearing team:

Collateral Management is a function within Operations which is responsible for the collateralisation of several products including, but not limited to; Derivatives, FX, Repo and Commodities.

Reporting to the Manager, Collateral Management, you will be responsible for the set up and maintenance of margining agreements, issuing and agreeing margin calls on a daily basis, booking and managing Collateral and resolving any disputes.

As part of the collateral management function, a central pillar of our Credit Risk mitigation as a bank, you will interact closely with various stakeholders such as Front Office, Legal, Risk, Trade Support, Credit, Finance as well as the wider Operations division.

• Ensuring that the service provided by Collateral, Clearing and Client Services to internal and external clients is delivered to an excellent standard.
• Ensuring that Collateral, Clearing and Client Services works collaboratively and effectively with other Operations teams in all global locations to enable excellent service to be delivered by the Operations department to internal and external clients.
• Working collaboratively with Technology colleagues to ensure that systems relied on by Collateral, Clearing and Client Services are fit for purpose and where enhancements are required they are ratified and appropriately prioritised.
• Ensuring understanding of the CASS sourcebook to the extent that it impacts Collateral, Clearing and Client Services (in particular CASS 3). Ensuring that all procedures are adequate for processes impacting CASS, procedures are followed within the team and escalation processes are followed on a timely basis.
• Working collaboratively with Operations Control on risk management and control enhancements (but without over-reliance on Operations Control).
• Proactively and promptly managing any risk incidents that relate to or impact Collateral, Clearing and Client Services
• Promoting diversity, challenge and teamwork within Collateral, Clearing and Client Services.

What you'll need to be successful

We're looking for the following skills and experience. If you don't have all of these but think you could be a good fit for the role, get in touch.

• Experience of working in a regulated environment, ideally Financial Services
• Knowledge, technical skills and expertise:
• Business knowledge margin rules (cleared business and CSA/GMRA) preferred
• Understanding of FCA rules and regulations or equivalent
• Understanding of risk and control
• Banking knowledge

Why should you join us?

ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We're headquartered in London, with operations in Shanghai, Singapore and New York.

We're a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.

Our vison statement, "Be Yourself, Succeed Together" underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we're growing other employee network groups, including for women and neurodiversity.

We're committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.

What's in it for you?

• Financial market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
• Hybrid working the option to work remotely up to two days per week, depending on the role.
• Family - 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies.
• Wellbeing - private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme.
• Community paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
• Development a suite of opportunities to build the skills you need to excel in your role

If you're excited about becoming part of our team, get in touch. We'd love to hear from you!

ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.