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 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:
o Fostering a positive work atmosphere where employees feel motivated, valued, and connected to the team and the organization.
o Promoting collaboration, trust, and cohesion among team members.
o Addressing any potential conflicts among team members to your senior management and/or HR Partner
o Supporting employee growth through training, mentorship, coaching, and advancement opportunities.
* Hiring:
o Leading the recruitment process with your Talent Acquisition Partner
o 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
*
o Onboarding and maintenance of counterparty data in the collateral management platform
o Daily management and monitoring of collateral requirements, including margin calls, position and exposure reconciliations, and dispute resolution
o Management of interest on posted collateral
o Reporting on collateral positions and related risk metrics to Risk, Treasury, and Finance teams
Credit & Interest Management
*
o 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.
o Management of the related tasks of leasing activity
o Supervision of interest accruals, payment schedules, and maintenance of client-specific interest rate tables
o 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
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