Collateral & Liquidity Management, Senior Manager

  • Location

    London, England

  • Sector:

    Banking & Financial Services

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Phoebe Cheung

  • Contact email:

    phoebecheung@taylorroot.com

  • Job ref:

    PCH - Risk_1592996814

  • Published:

    21 days ago

  • Expiry date:

    2020-06-29

  • Consultant:

    #

My client, a top tier Financial Institution is looking for a Senior Manager, Collateral & Liquidity Management Middle Office to join their team. This is a permanent role based in London.

You will be responsible for managing the daily collateral end-to-end control environment and reporting ensuring it continues to be efficient, robust and optimal, whilst maintaining high-quality management information.

Responsibilities:

  • Manage the production of daily portfolio analysis providing details of the holdings, exposures and investment split to senior management and the Portfolio Managers.
  • Analyse the P&L from the investment activity, providing attribution, P&L drivers and budget compare with associated comment where necessary.
  • Develop a comprehensive understanding of the default management responsibilities and participate in company wide annual fire drill exercises and any active events
  • Assist in the exception management process across the whole of the collateral flow, identifying and implementing both tactical and strategic controls.
  • Identify and record operational issues and collaboratively champion them until final resolution, escalating as appropriate.
  • Produce bespoke on-desk solutions to improve process efficiency through the creation of business tools to be used across stakeholders.
  • Monitor direct collateral portfolio costs, providing optimisation ideas through detailed analysis.
  • Work closely with other operational and business teams to build knowledge of different department processes in order to streamline the end-to-end process flow.
  • Assist area head on new initiatives and ensure that the correct controls, processes, procedures are in place to ensure that the department's operational risk footprint is minimised.
  • Ensure accuracy and transparency of all reconciliations relating to collateral balances and exposures
  • Identify ways to reduce costs and work with area head to implement change.
  • Continuous identification of appropriate controls to comply with internal operational risk framework.
  • Manage department responses to Internal Audit reviews and actions arising.
  • Implementation of the department's business continuity policy, processes and guidelines.

Requirements:

  • Experienced in a banking or product control / operations management team
  • Ideally educated to degree level
  • Highly numerate with an interest in both operational and financial risk
  • Track record of running high performing teams
  • A high degree of attention to detail and accuracy
  • Skilled in Excel VBA, with the ability to write and amend code and analyse big data sets
  • An understanding of the lifecycle of financial products including Repo, Bonds and Term Deposits
  • Comfortable with an iterative approach to problem solving
  • Demonstrated proactivity and strives to develop their knowledge and skills on an on-going basis.
  • Shows relentless curiosity in understanding process lifecycles and seeking ways to optimise.
  • Excellent communication skills, both written and oral, are essential.

For more details, please send your CV to phoebecheung@taylorroot.com

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