JOB SUMMARY / INTRODUCTION
The purpose of the job is to provide comprehensive support in running the collateral management process for Global Markets and Treasury function in compliance with Bank Policies and regulatory guidelines.
KEY RESPONSIBILITIES
Generic Accountability
- Act in consonance with the Group’s vision and mission to facilitate the organizational objectives of growing stronger.
- Ensure the achievement of the bank’s business plans by optimizing risk adjusted performance of Global Markets.
- Provide an assurance to the GCRO through the Head of Market and Liquidity Risk and Head of Market Risk Management that all processes pertaining to Collateral Management for Global Markets and Treasury have been identified & monitored and proper controls are in place to mitigate Operational Risks.
Job Specific Accountabilities
- Collateral Management, which includes validation of margin calls, seeking margin from counterparties and responding to their margin calls in a timely manner.
- Ensure that valuation statements are sent to all customers as per agreement in the legal documentation.
- Ensure all collateral disputes are escalated to the Head of Middle office and Market Risk Management.
- Ensure portfolio reconciliation is performed on timely manner and valuation issues are highlighted to Head of Middle office and Market Risk Management.
- Ensure the business operates within the approved bank policy.
- Ensure all regulatory reporting is performed in timely manner.
- Ownership of projects pertaining to collateral management and Client servicing.
- Review of collateral management documentation like CSA/GMRA/IM CTA that comes for MO review.
- Work closely with several teams to achieve the role objective.
- Middle office and Risk Control – for daily validation of market and static data, collateral, risk reports etc.
- Market Risk Analytics team for risk methodologies, market data etc.
- Group Finance: Product control – active liaising to ensure the correct reflection of risk adjusted returns and accounting is aligned to risk practices.
- Carry out process improvements using Murex as the key systems enabler.
REQUIREMENTS / QUALIFICATIONS
