Collateral Manager
7 days ago
Job Description
To facilitate and enable business strategy by translating it into business plans and operating capabilities and managing the
delivery thereof
- Initiate dialogue to build professional working relationships with all stakeholders displaying excellent abilities to listen, advise, influence, negotiate and present at all levels
- Lead and facilitate difficult conflict situations into consensual agreements
- Integrate opinions and information provided by various sources to make strategic decisions
- Adapt communication styles to meet the needs of different audiences
- Continually scan the industry to identify opportunities to create strategic partnerships with key individuals and bodies
- Establish system based internal collateral processes and procedures for the end-to-end management of collateral and data integrity, in consultation with internal stakeholders and within the broader risk and legal framework
- Analyse current accounting and other processes and identify potential problems solutions and system requirements or enhancements, based on a change in the environment that could affect collateral processes, e.g. a new regulation
- Ensure Credit Market Fx Hedging Operational Funding and legal risks have been identified and appropriately mitigated
- Provide training to staff and other relevant stakeholders on risks pertaining to collateral and the mitigation thereof
- Continually evaluate and assess the effectiveness of the end-to-end collateral of all Global Markets trades
- Ensure all physical trades have been adequately collateralized and reconciled with counterparts
- Identify regulatory changes and implement appropriate solutions
- Analyse and identify ways of improving process efficiencies
- Sit on the product DCF to verify that physical trades have been adequately collateralized
- Liaise with internal and external auditors to report on KRIs and any collateral concerns they may raise
- Follow-up to implement remedial action as required
- Manage the team and ensure the right skills in the right areas
- Take full responsibility for performance management of all direct reports managing their performance in relation to quality standards and agreed benchmarks and objectives focusing on all aspects of sound people management
- Engage in recruitment development, performance management, remuneration and rewards, career path planning, on the job training, coaching, and mentoring
- Ensure appropriate levels of management and accountability
- Motivate, delegate, and empower appropriately, enabling direct reports to take responsibility and display appropriate creativity and initiative
- Work with the team to actively grow their skills and lead them in operational excellence
Job Details
Application Closing Date
26/02/24
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