Maybank

Team Lead, Collateral Monitoring & Management

Maybank | Date Posted: 29-Jun-2018
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Job Nature:
Permanent
Position Level:
Experienced
Qualification:
Bachelor's / Honours, Masters / PhD

Job Description

Responsibilities:
  • Responsible for and lead the team’s day-to-day collateral monitoring & management;
  • Ensure the team monitors clients’ collateral position in Avaloq and Margin Man and margin call procedures are adhered with;
  • Provide simulated collateral positions to BU for ad-hoc queries and takeover accounts relating to collateral and limit management on client’s positions;
  • Perform override function on credit checks exceptions routed via Avaloq such as loan drawdown, transfer-out assets and remittance;
  • Ensure month end reports in relation to collateral management and regulatory reports are accurately prepared and submitted as per stipulated timelines;
  • Engage relevant stakeholders in collateral management process and ensure process gaps are identified and closed;
  • Provide user requirements, participate in UATs and implementation of enhancements in Avaloq, Margin Man and related systems;
  • Ensure accurate maintenance of approved parameters in Avaloq/Margin Man and any related collateral management systems;
  • Work closely with IT on system production bugs fix;
  • Conduct training and guidance to RMs/ROs on Collateral Management Systems and Processes.

Requirements:
  • Degree holder, minimum 6 years experience in collateral monitoring in wealth management preferred;
  • Knowledge of wealth management and private banking products;
  • System knowledge and experience in Avaloq and Margin Man;
  • Good communication skills, analytical, accurate and attentive to details and ability to engage stakeholders of all levels;
  • Proficient in word processing and spreadsheet software eg Microsoft Word and Excel;
  • Experience in designing, execution and maintenance of process and controls.
  • Matured candidates are welcome to apply.
Company Overview
Maybank