Collateral Analyst at Momentum Metropolitan Holdings Limited

Role Purpose    

• To take responsibility of the collateral management process within the Balance Sheet Management (BSM) team on a principal-to-principal basis. You will liaise with Front Office, Credit Risk, Market Risk and Legal to ensure that credit application conditions are met in terms of signing CSAs (Credit Support Annexures) and GMRAs (Global Master Repurchase Agreements), loading of said agreements onto our investment system and then following the relevant processes to meet collateral objectives.

Requirements    

• Bcom degree
• A minimum of 2 years relevant collateral management experience
• Financial instrument valuation experience will be beneficial
• Murex and TriResolve experience will be beneficial

Duties & Responsibilities    
Coordinate the end-to-end collateral management process for CSAs, GMRAs, and the risks relating thereto by:

• Analysing exposures for specific counter parties and effect margin calls as and when required
• Liaise with counterparties for settlement
• Analyse MTM (Market-to-Market) differences in exposure between the Front Office and counterparties
• Resolve MTM differences by liaising with the Front Office and counterparties
• Keep abreast of market-related events concerning counterparties
• Escalate breaches by counterparties to relevant internal parties and follow the appropriate dispute resolution process
• Distribute interest statements between counterparties or clients
• Pay and receive interest monthly on posted cash collateral
• Improve process and system efficiencies and liaise with the relevant support teams to take remedial action where required
• Perform formal and ad hoc administrative functions (e.g., matching of trades between counterparties and MMI, exposure reconciliations, and day-to-day query resolution)
• Distribute daily reports to Front Office, Credit and Liquidity stakeholders to advise of margin requirements
• Liaise with internal and external auditors to provide relevant information and to respond to any collateral concerns that may arise

Finance

• Ensure effective financial management and corporate governance
• Take accountability for the management of business-related risks

Client Services

• Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence, and negotiate, to achieve win-win outcomes
• Initiate meetings with key stakeholders to track progress, manage expectations, and ensure that stakeholders’ requirements are delivered
• Resolve conflict in a manner that does not strain relationships by allowing conflicting views to be raised and mutual gains to be highlighted
• Display emotional intelligence by being sensitive to feelings, needs, values, views, and attitudes of others and being courteous and diplomatic when dealing with difficulties and problems

People

• Stay relevant and up to date with legislations and new developments
• Contribute to a friendly co-operative climate in working with others to achieve collective goals
• Maintain a positive attitude and respond openly to feedback
• Handle stress in ways that do not negatively impact others
• Take ownership of personal career development, leveraging formal and informal opportunities
• Act in an ethical, transparent, and morally defensible manner, including highlighting unethical practices
• Anticipates consequences and adapts problem solving based on continual feedback
• Plan and manage own workflow, anticipating obstacles, juggling priorities, and following through on objectives within agreed timeframes and according to quality standards

Competencies    

• Self-management
• Decision making and problem-solving skills
• Teamwork and cooperation skills
• Attention to detail
• Excellent communication and interpersonal skills
• Ability to priorities task
• Strong numerical skills

Closing Date    
2023/03/16