What does a collateral manager do?

A Collateral Manager is responsible for overseeing the management, monitoring, and optimization of collateral used in financial transactions, such as loans, derivatives, and securities lending. Their main duties include ensuring that sufficient collateral is available to mitigate credit risk, managing margin calls, and ensuring compliance with regulatory requirements. They also work closely with trading, risk, and operations teams to ensure the smooth and efficient handling of collateral across various transactions.