Senior Collateral Analyst
Hartford, Connecticut, United States of America
Full Time
1 week ago
Key skills
GoProject ManagementRisk ManagementCommunication
About this role
Talcott Financial Group* is an international life insurance group and the industry’s trusted partner for comprehensive risk solutions. Talcott creatively designs and expertly delivers responsive solutions that transfer risk and manage capital in a way that supports the strategic needs of insurers today and into the future.
Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Senior Collateral Analyst, Collateral Management
The Senior Collateral Analyst will support daily collateral operations and play an active role in building Talcott’s collateral target operating model (TOM) as the function moves in-house. This is not a traditional, highly structured role. This role requires someone who is comfortable with ambiguity, resourceful, and motivated to help create processes from the ground up. In addition to operational responsibilities, the role will involve project management activities, including gathering business requirements, coordinating with stakeholders, and supporting system implementation and testing. The successful candidate will combine strong operational control and risk awareness with the ability to work independently and contribute to strategic initiatives.
Responsibilities:
Daily Collateral Operations:
• Process margin calls, collateral movements, and substitutions in accordance with agreements and internal policies.
• Monitor and reconcile collateral positions across counterparties and custodians.
• Ensure accurate valuation and allocation of collateral assets.
Project Support:
• Assist in defining business requirements for collateral workflows, systems, and controls.
• Document current-state and future-state processes and support gap analysis.
• Prepare and execute test scripts for system enhancements and new platform implementation.
• Participate in testing cycles, document results, and escalate issues for resolution.
• Help design and implement new operational processes and controls with a strong risk management focus.
• Coordinate with vendors, IT, and internal teams during testing and implementation.
• Track project milestones and deliverables, providing status updates to stakeholders.
Reporting & Analysis:
• Prepare daily and weekly reports on collateral positions, margin calls, and exposure metrics.
• Support data analysis for process improvement and collateral optimization.
• Develop trend analysis and dashboards to monitor collateral utilization, liquidity, and counterparty exposure.
• Assist in preparing management presentations and regulatory reporting for compliance and audit purposes.
• Collaborate with technology teams to enhance reporting automation and ensure data integrity across systems.
Counterparty, Vendor & Internal Coordination
• Communicate with counterparties, vendors, and custodians to resolve operational issues and discrepancies.
• Collaborate with internal teams (Risk, Investment Operations, Derivatives, Legal) to ensure smooth execution of collateral processes.
Compliance & Controls:
• Ensure all collateral activities adhere to regulatory requirements such as EMIR, Dodd-Frank, and Basel III, as well as insurance-specific regulations.
• Support adherence to state insurance regulations governing collateral for reinsurance agreements and statutory reserve requirements.
• Implement and monitor internal control frameworks to safeguard assets and mitigate operational risk.
• Assist in preparing documentation for internal audits and external examinations.
• Collaborate with Legal and Compliance teams to review and implement changes based on evolving insurance and financial regulations.
• Maintain accurate records for regulatory reporting and risk management reviews, ensuring transparency and audit readiness.
Qualifications:
Experience:
• The ability to perform daily collateral operations is a must-have.
• 4+ years in financial services, preferably in collateral management, operations, or middle office.
• Exposure to project management or business analysis (requirements gathering, documentation) is highly desirable.
• Experience preparing and executing test scripts and participating in UAT cycles.
• Exposure to insurance-related collateral (e.g., reinsurance, life insurance transactions) is a strong plus.
• Experience in derivatives, securities lending, or risk management is a plus.
Educational Background:
• Bachelor’s degree in Finance, Economics, Business, or related field.
Skills:
• Strong attention to detail and organizational skills.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Visio) and ability to leverage these tools for reporting, analysis, and documentation.
• Familiarity with collateral systems is a plus.
• Basic understanding of financial instruments such as derivatives, repos, and fixed income products.
• Ability to work independently, prioritize tasks, and take initiative.
• Comfortable working in an evolving environment and contributing to process design.
• Strong operational control orientation and risk awareness.
• Excellent communication skills for stakeholder engagement.
• Ability to manage timelines and deliverables, coordinate stakeholders, and support system implementations and process improvements.
• Skilled in requirements gathering, process mapping, and UAT execution, including test script preparation and documentation.
Regulatory Awareness:
• Basic knowledge of EMIR, Dodd-Frank, and other relevant regulations is desirable.
• Experience working with audit and compliance teams to ensure adherence to regulatory and internal policies
Compensation:
This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition.
*This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without current or future visa sponsorship.
**Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace. For more information regarding our Privacy Policy, please go to https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html
Talcott Financial Group has a proven track record of well-executed transactions, and the enterprise benefits from its strong financial position with over $127 billion in assets under management, its investment-grade financial strength ratings, and its partnership with Sixth Street, a leading global investment firm.
Talcott Financial Group’s two core business platforms include: U.S. based Talcott Resolution and Bermuda and Cayman based Talcott Re.
Senior Collateral Analyst, Collateral Management
The Senior Collateral Analyst will support daily collateral operations and play an active role in building Talcott’s collateral target operating model (TOM) as the function moves in-house. This is not a traditional, highly structured role. This role requires someone who is comfortable with ambiguity, resourceful, and motivated to help create processes from the ground up. In addition to operational responsibilities, the role will involve project management activities, including gathering business requirements, coordinating with stakeholders, and supporting system implementation and testing. The successful candidate will combine strong operational control and risk awareness with the ability to work independently and contribute to strategic initiatives.
Responsibilities:
Daily Collateral Operations:
• Process margin calls, collateral movements, and substitutions in accordance with agreements and internal policies.
• Monitor and reconcile collateral positions across counterparties and custodians.
• Ensure accurate valuation and allocation of collateral assets.
Project Support:
• Assist in defining business requirements for collateral workflows, systems, and controls.
• Document current-state and future-state processes and support gap analysis.
• Prepare and execute test scripts for system enhancements and new platform implementation.
• Participate in testing cycles, document results, and escalate issues for resolution.
• Help design and implement new operational processes and controls with a strong risk management focus.
• Coordinate with vendors, IT, and internal teams during testing and implementation.
• Track project milestones and deliverables, providing status updates to stakeholders.
Reporting & Analysis:
• Prepare daily and weekly reports on collateral positions, margin calls, and exposure metrics.
• Support data analysis for process improvement and collateral optimization.
• Develop trend analysis and dashboards to monitor collateral utilization, liquidity, and counterparty exposure.
• Assist in preparing management presentations and regulatory reporting for compliance and audit purposes.
• Collaborate with technology teams to enhance reporting automation and ensure data integrity across systems.
Counterparty, Vendor & Internal Coordination
• Communicate with counterparties, vendors, and custodians to resolve operational issues and discrepancies.
• Collaborate with internal teams (Risk, Investment Operations, Derivatives, Legal) to ensure smooth execution of collateral processes.
Compliance & Controls:
• Ensure all collateral activities adhere to regulatory requirements such as EMIR, Dodd-Frank, and Basel III, as well as insurance-specific regulations.
• Support adherence to state insurance regulations governing collateral for reinsurance agreements and statutory reserve requirements.
• Implement and monitor internal control frameworks to safeguard assets and mitigate operational risk.
• Assist in preparing documentation for internal audits and external examinations.
• Collaborate with Legal and Compliance teams to review and implement changes based on evolving insurance and financial regulations.
• Maintain accurate records for regulatory reporting and risk management reviews, ensuring transparency and audit readiness.
Qualifications:
Experience:
• The ability to perform daily collateral operations is a must-have.
• 4+ years in financial services, preferably in collateral management, operations, or middle office.
• Exposure to project management or business analysis (requirements gathering, documentation) is highly desirable.
• Experience preparing and executing test scripts and participating in UAT cycles.
• Exposure to insurance-related collateral (e.g., reinsurance, life insurance transactions) is a strong plus.
• Experience in derivatives, securities lending, or risk management is a plus.
Educational Background:
• Bachelor’s degree in Finance, Economics, Business, or related field.
Skills:
• Strong attention to detail and organizational skills.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Visio) and ability to leverage these tools for reporting, analysis, and documentation.
• Familiarity with collateral systems is a plus.
• Basic understanding of financial instruments such as derivatives, repos, and fixed income products.
• Ability to work independently, prioritize tasks, and take initiative.
• Comfortable working in an evolving environment and contributing to process design.
• Strong operational control orientation and risk awareness.
• Excellent communication skills for stakeholder engagement.
• Ability to manage timelines and deliverables, coordinate stakeholders, and support system implementations and process improvements.
• Skilled in requirements gathering, process mapping, and UAT execution, including test script preparation and documentation.
Regulatory Awareness:
• Basic knowledge of EMIR, Dodd-Frank, and other relevant regulations is desirable.
• Experience working with audit and compliance teams to ensure adherence to regulatory and internal policies
Compensation:
This range represents the minimum and maximum annual base salary we reasonably expect to pay for this role at the time of posting. The actual base pay could vary and may be above or below the listed range. The base pay is based on factors including but not limited to experience, competence, and demonstration of proficiencies essential for the role. The base pay is just one component of Talcott’s total annual compensation for employees. Other compensation may include annual bonuses, long-term incentives and recognition.
*This role is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without current or future visa sponsorship.
**Talcott Financial Group is an equal employment employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Talcott Resolution maintains a drug-free workplace. For more information regarding our Privacy Policy, please go to https://talcott.com/onlineprivacypolicy/onlineprivacypolicy.html