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 defense. In 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 team's 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 KPI's (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