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Collateral Manager (Arabic)

4.00 to 10.00 Years   Abu Dhabi, United Arab Emirates   14 Sep, 2024
Skillspark
Job LocationAbu Dhabi, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther
Functional AreaNot Mentioned

Job Description

Position: Manager - Collateral OperationsLocation: onsite based in Abu Dhabi, UAEType of Employment: Full time/Permanent EmploymentEligibility: Emirati National with a family bookSeize the opportunity to lead the collateral operations at a top-tier financial institution, ensuring the efficient management of collateral assets and compliance with regulatory standards. Your strategic oversight will drive financial stability and operational excellence in the heart of Abu Dhabis financial hub.Key Responsibilities:Strategic Contribution:

  • Shape and execute collateral management strategies aligned with group risk objectives and regulatory mandates.
People Management:
  • Lead a high-performing team by setting goals, managing performance, and fostering professional growth.
Budgeting and Financial Planning:
  • Oversee departmental operations, ensuring budget alignment and addressing variances.
Policies, Systems, Processes & Procedures:
  • Implement robust policies and controls to maintain compliance with all procedural and legislative standards.
Collateral Operations Management:
  • Direct collateral operations including allocation, monitoring, optimization, and reconciliation.
  • Evaluate and set collateral eligibility criteria and margin requirements.
  • Ensure accurate collateral valuation and reconciliation with counterparties and custodians.
  • Foster collaboration with custodians and financial institutions for collateral safekeeping.
Risk and Business Continuity Management:
  • Uphold world-class risk management and business continuity standards.
  • Manage collateral agreements and monitor counterparty exposure to mitigate credit risk.
  • Administer margining obligations and adjust strategies to market trends and regulatory changes.
Stakeholder Relations:
  • Build strong internal and external relationships to optimize collateral management processes and align with market needs.
Continuous Improvement:
  • Drive system and process improvements using advanced technology and analytics to enhance operations.
Qualifications & Experience:
  • 10 years in Banking/Stock Exchange or a similar sector, with at least 4 years in managerial roles.
  • Expertise in collateral management, margin requirements, and global financial regulatory frameworks.
  • Bachelors degree in Finance or a related field. MBA with a focus on Finance preferred.
  • Certifications in FRM (Financial Risk Manager) or PRM (Professional Risk Manager) preferred.
  • Must be Emirati national with family book.

Keyskills :
Collateral Management risk management margin requirements People Management Policies budgeting operations management Procedures Continuous Improvement business continuity global financial regulatory frameworks Financial Planning stakeholder re

About Company

Skillspark

Job Source: www.linkedin.com

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