Hi All - considering a lateral move from IB to risk for a bit (I'm in securitization) and looking for some feedback/information. Have used the site over the years for encyclopedic purposes, but a new participant in the forums.
A bit perplexed by the following tidbit from the job description:
"...You will help to control market risks across various Investment Bank and Group Treasury portfolios, focusing mainly on financing transactions via Total Return Swaps, repo, or Collateral switches..."
Familiar with TRS and Repo since we had a Structured Financing desk at my last job (didn't interact with them much, though). I have no idea what a "Collateral Switch" is, though. Does it have to do with rehypothecation?
Haven't found much via Google, etc. so figured I would see if anyone here had some additional reading.
Also, since WSO is mainly for IB/PE/HF, if there's a specific forum where posts on Repo, etc. should be posted, I would greatly appreciate being pointed in that direction.
