Collateral Management Operations


For Derivatives and other business units, Collateral Management is the cornerstone of Counterparty Credit Risk Management. Recent market events and trends highlight the exposure and importance of the effective use of collateral and margin as a credit risk management tool. Understanding and managing these risks is essential.

IFM's one-day course provides a detailed look at the Middle-Office and Operations functions that support collateral management. Participants gain perspective on collateral management role in international financial markets today, as well as regulatory considerations, both for the U.S. markets and international. The program also examines the role of institutions, investment managers, banks, broker/dealers, custodians, prime brokers and industry organizations such as clearinghouses and centralized securities depositories.

Lastly, the course provides insight into the "Lessons Learned" from the financial crisis, and trends in collateral management such as collateral optimization and transformation, and their impact on Operations.

Learning Outcome

After the course you will be able to:

  • Understand the purpose and role of collateral management for Listed and OTC derivatives transactions
  • Explain transaction types that necessitate collateral
  • Describe critical terminology and mechanics of the collateral market
  • Identify best practices and enumerate the documentation process, including title transfer and rehypothecation of assets
  • Understand the collateral workflow
  • Gain insight to the pitfalls of how and why disputes arise


Who Should Attend?  The course is highly beneficial for management personnel who would benefit from understanding the ‘big-picture’, as well as, those who have had limited exposure to collateral, and yet need a greater understanding. This includes staff from Middle Office and Operations (including collateral, settlement, corporate actions, reconciliation, documentation), as well as, Compliance, Legal, Credit and IT.  The course also is suitable for institutional investors (e.g. pension funds), investment banks, central depositories, custodians, and central counterparties.

Level: Intermediate

Please read our terms and conditions before registering.

Registration Options

New York, NY
Class Size
Registration is limited to approximately 15 participants to promote student participation and interaction.

Please arrive 30 minutes before the course to clear security and enter the building. Complimentary morning and afternoon refreshments are provided. Lunch on own.
Group Discount: 10% of any registration with 3+ participants. To take advantage of this discount, please contact the IFM at 202-223-1528, or via e-mail at

If you are unable to register online, please contact the IFM at 202-223-1528, or via e-mail at