Kforce has a client that is seeking a Senior Margining Operations Analyst Consultant for a hybrid role in Clifton, NJ. Primary Responsibilities: * Administer the procedures pertaining to the intra-day margining processes related to physical and financial positions arising from the Real-Time Energy Market, Day-Ahead Energy Market, Financial Transmission Rights (FTR) and Forward Capacity Market (FCM) * Evaluate the daily collateral requirements regarding market auction bids/offers related to Virtual Transactions, FTRs, and FCM positions * Administer the collateral management process related to Letters of Credit, cash deposits with the Mutual Funds and Surety Bonds * Timely execution of market participant suspension (and cure) procedures to mitigate default risk and potential socialized losses to the overall market * Administration of market participant financial reporting and risk management documentation posting requirements to the company including quarterly and yearly financial statements, Information Disclosure & Risk Policy Attachments and OFAC checks * Ensure risk management system is updated with market participants latest external and internal credit ratings * Quarterly update of all assigned margining operations business processes and procedures * Support building and maintenance of tools and system solutions related to market participant collateral posting requirements * Act as initial point-of-contact within the company regarding daily collateral requirements questions * Work independently to resolve customer questions/issues by reviewing the pertinent sections of the risk policy * Coordinate responses to queries submitted to the company regarding the risk policy * Responsible for electronic record management and original documentation filing and Business Process and Procedure Updates * Scanning and uploading documents for electronic file storage regarding regulatory compliance requirements