Credit Operations Team Leader â Associate Director
Credit Operations Team Leader â Associate Director
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
We are looking for a dynamic and experienced Team Leader to join our Middle Office department where you will oversee the new Credit risk Operations team & Collateral Management as first line of this key leadership role you will be responsible for managing both the day-to-day operations and the people within your team working closely with the Senior management.
Team Management:
- Leading and supporting a team:
- Fostering a positive work atmosphere where employees feel motivated valued and connected to the team and the organization.
- Promoting collaboration trust and cohesion among team members.
- Addressing any potential conflicts among team members to your senior management and/or HR Partner
- Supporting employee growth through training mentorship coaching and advancement opportunities.
- Hiring:
- Leading the recruitment process with your Talent Acquisition Partner
- Ensuring new hires are properly introduced to the team the organization its culture policies and their specific roles.
- Performance Management: Setting performance expectations providing feedback conducting performance reviews and addressing any performance issues.
- Conducting under performance process with the help of your Senior Management and HR Partner.
Operations management:
- Lead and take part in the teams operational tasks :
Collateral Management
- Onboarding and maintenance of counterparty data in the collateral management platform
- Daily management and monitoring of collateral requirements including margin calls position and exposure reconciliations and dispute resolution
- Management of interest on posted collateral
- Reporting on collateral positions and related risk metrics to Risk Treasury and Finance teams
Credit & Interest Management
- First point of contact for requests related to secured and unsecured credit including Lombard loans (to come) credit lines and bridge loans - Incl. evaluation and validation of initial request based on predefined policy and financial and risk criteria.
- Management of the related tasks of leasing activity
- Supervision of interest accruals payment schedules and maintenance of client-specific interest rate tables
- Coordination with Risk Finance and Treasury departments for reporting purposes
- Initiate and guide internal projects in order to improve internal tools and optimize processes
- Set up and follow-up of KPIs (workload team performance and projections)
- Manage relationships with internal stakeholders and counterparts
- Assist Senior leadership in the strategic planning of the Middle Office activities
Responsibilities include:
- Financial and risk-based analysis for credit applications and decision-making
- Ongoing monitoring of pledged assets (for specifics asset classes)
- Tracking interest accruals and ensuring timely client payments
- Maintaining and updating interest rate tables applicable to different credit products
- Setting initial margin requirements and monitoring daily margin calls based on exposure
- Onboarding counterparties in internal systems (incl. OSTTRA) and reconciling positions relevant to collateral
- Maintaining operational accounts (e.g. in Settlement Tool and internal systems)
- Calculating interest on posted collateral and ensuring accurate payments
Qualifications :
- Minimum 5 years of experience in Loan/Credit Services Margin or Collateral Management
- Previous experience in a leadership role is required
- Ability to work effectively in both English and French environments
- Strong managerial skills including the ability to lead motivate and develop team members to achieve objectives effectively
- Strong project management and problem-solving skills
- Ability to prioritize and deliver on multiple tasks in a deadline-driven and constantly evolving environment
- Excellent communication skills results-oriented team player
- Experience with Osttra or any collateral management tool T24 (Temenos or similar solution) and GTMatch/GTExchange is a strong advantage
Additional Information :
SQ2
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
