Posted By
Posted in
Banking & Finance
Job Code
1165053
VP Head of Client Valuations
What will you be doing? :
- Ensure all Margin calls have gone through required due diligence on data quality and margin policy and sent to client within agreed timeline
- Optimize collateral portfolio view by consolidating collateral positions across iRepo
- Perform controls to ensure all trades subject to margining is captured in the margin process
- Agree tri-party and Stock Borrow of lending collateral requirements with clients and trading desk, answer booking queries from trade capture utility (TCU) teams
- Management Reporting - consolidated reporting & escalation on daily volume and risk issues.
- Provide oversight and escalation of settlement fails, Investigation and resolution of margin call disputes, involving interaction with various internal areas (Front Office, Legal, Credit Risk Management and Operations)
- Responsible for procedure, checklist and process flow updates and is held accountable on governance meetings
- Uphold the controls and procedures for the team and highlight any control gaps identified to management to ensure that these are reviewed and addressed as necessary.
- Participation in key industry initiatives, constantly striving to push the team forward.. Drive process improvements within the team to drive efficiency and cost savings:
- Strong analytical skills required to perform complex analysis on the volumes and process flow to identify the root cause.
- Suggest innovative solutions to improve efficiency and provide the VP with a detailed breakdown to quantify the time/ headcount savings from the initiative.
What we're looking for :
- Degree educated with relevant years' experience preferably in an OTC Derivatives environment.
- Relevant years of management experience with proven track record at managing diverse teams. Degree Educated
- Extensive technical knowledge of the derivative products within remit
- A high level of focus on strategic vision
- Strong understanding of the end-to-end processes in the Confirmations and/or Settlements area
- Experience gained in High Volume House and client service environment.
- Strong knowledge of Microsoft Excel
- Strong communication and negotiation skills in order to manage the relationship with Premier clients, fluent in English.
- Highly numerate with analytical problem solving ability
- Result driven.
Skills that will help you in the role :
- Bachelor/PG degree or equivalent experience (5 + years) in a securities financing function or other collateral management and margin process
- Direct experience of the fixed income financing functions would be a significant advantage. Broad business and operational knowledge across markets and asset classes is valuable.
- Strong approach to risk management and awareness of control across line functions.
- Excellent interpersonal skills including relationship management, communication and teamwork.
- Strong analytical and problem solving skills. Well organised with good time management skills and the ability to meet tight deadlines and prioritise tasks.
- Proactive and positive attitude and desire to make a difference.
- Detailed and meticulous, consistently delivering a high level of accuracy and attention to detail with high quality output.
- Able to multi-task and prioritise accordingly in a highly pressurised environment.
- Willing to take on responsibility.
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Posted By
Posted in
Banking & Finance
Job Code
1165053