Manage the delivery of the daily collateral management activities as per the Service Level Agreements (SLAs)
Ensure daily collateral requirement with clearing houses and exchange met on time using the payments systems and ensure that these gets processed without any issues.
Ensure the end client collateral figures are agreed on time and settled on time as per the respective currency cut offs.
Recording the daily collateral moves in respective back office systems like GMI.
Ensure daily reporting are submitted on timely basis to internal and external stakeholder on various aspects like outstanding margin calls/disputed margin calls/ rolled over call for client, daily exchange/broker movements.
Lead and participate in projects with regards to systemic upgrades, regulatory change, client mandated change.
Identify, resolve and escalate issues in a timely manner in order to meet the required service standards
Change Management/process improvements
Proactively identify areas for performance and control improvements
Understand the changes/amendments required in existing process functions or static for Reconciliations due to new client onboarding, market or broker changes or brokers onboarded, test the changes and ensure their implementation without any issues.
Articulate business cases to management/change/IT to execute and deliver on suggested improvements
Client Service
Build strong relationships with all client stakeholders, end clients, client representatives, finance teams.
Co-ordinate with different teams like reconciliation, clearing and static for timely response and resolution of all queries.
Ensure accuracy and clarity in all deliverables to client stakeholders.
Risk Management
Monitor controls and checks associated with tasks in SOPs. Document these change in timely manner.
Constantly analyse all activities to close potential risks, gaps and implement preventative/detective controls
Ensure timely escalations in the event of a risk incident or whenever management attention is needed on a potential issue
What you bring:
Skills
10+ years of work experience in in Futures/Options & OTC collateral management/ bilateral collateral management process.
Good understanding of systems like GMI, FBOS.
Good knowledge of Clearing Houses like ASX, LCH, EUREX, ICE Clear, CME, HKEX, SGX etc.
Good understanding of the trade life cycle, collateral management, upstream dependencies and how it impacts processes downstream around reconciliations so that complex queries can be addressed accurately and in a timely manner.
Good understanding of exchange traded derivatives like rates, CDS, Futures and options concepts like initial margins, variation margins, options premium etc.
High attention to detail and quality of outputs delivered
Analytical and can solve problems quickly and innovatively
Dynamic outlook, with the ability to adapt and change plans on the fly
Delivery focused; results driven
Excellent communication and time management
Qualifications
MBA Degree or equivalent
Competencies
Skill in project management, organization, communications, analytical and people skills
Skill in leading, supervising and managing effectively under pressure
Ability to be comfortable interacting and maintain positive working relationship with other stakeholders
Ability to analyze business needs and determine related information services support
Ability to manage activities and problem areas
Ability to delegate tasks to qualified subordinates as appropriate
Ability to lead, direct and manage effectively
Ability to operate independently
Ability to exhibit solid decision-making and problem-solving skills
Ability to communicate effectively verbally and in writing
Ability to build strategic roadmap for the function and further expansion of scope of functions
Ability to contribute towards budget saving automation ideas
Ability to meet conflicting priorities by ensuring effective prioritization and meeting the business demands
