# Head of Collateral and Liquidity Management Department

**Company**: LCH SA
**Location**: Paris
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://lseg.wd3.myworkdayjobs.com/en-US/Careers/job/Paris-France/Director--Collateral---Liquidity-Management_R0120818-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_bdc647e6-291

## Description

You will join the Collateral and Liquidity Management department (CaLM) as LCH SA Head of department. The objective of CaLM is to invest clearing member cash margin with a primary focus on preservation of principal and the maintenance of sufficient liquidity.

Responsibilities:

- Identify, supervise and manage risks associated with investing a large cash portfolio.

- Invest cash safely and in accordance with relevant policies, limits and regulatory requirements.

- Define and develop investment and liquidity strategy and related policies.

- Assess the impact of policy and methodology changes.

- Lead and support incident management as required.

- Supervise collateral liquidation and liquidity management in the event of a default.

- Partner with Risk and business to maintain robust default management processes.

- Actively participate in default fire drills.

- Maintain and develop counterparty relationships.

- Communicate CaLM requirements to internal partners.

- Support client-facing teams in delivering standard process and a seamless client service.

- Own front-to-back processes and deliver improvements to the operational risk profile.

- Update relevant procedures and guidelines.

- Provide management for CaLM both locally and globally.

- Manage Investment, Liquidity, Credit and Interest Rate Risks.

- Maintain and update the Liquidity Plan.

- Escalate any liquidity or investment concerns.

- Proactive intraday Liquidity Management and monitoring.

- Ensure liquidity testing and reporting is undertaken.

- Assess liquidity/investment implications of new clearing products.

- Oversight of Asset encumbrance requirements.

- Escalate any investment or liquidity-related concerns.

- Ensure appropriate due diligence, legal agreements and credit approvals are in place.

Experience and Skills:

- Extensive experience managing a large cash balance.

- Detailed understanding of Liquidity Management, short term Government markets, Repo and/or Securities Financing, Spot and Forward FX and currency swaps.

- Well-established external market contacts.

- Experience of default management.

- Comfortable interpreting direction and making independent decisions.

- Experience leading improvements to the operational risk profile.

- Understanding of the regulatory environment.

- Strong technical and social skills.

- Experience collaborating across multiple centres and time zones.

- People management experience.

Personal Attributes:

- Approachable and personable.

- Enthusiastic, with the ability to perform in a demanding environment.

- Able to motivate change independently.

- Strong communication skills.

- Curious and willing to challenge the status quo.

## Skills

### Required
- Liquidity Management
- Repo and Securities Financing
- FX and currency swaps
- Default Management
- Risk Management

---

Source: [Apply at lseg.wd3.myworkdayjobs.com](https://lseg.wd3.myworkdayjobs.com/en-US/Careers/job/Paris-France/Director--Collateral---Liquidity-Management_R0120818-1?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)