About the Role
We are seeking an experienced professional to join our client’s Operations team as an Assistant Vice President (AVP). In this role, you will play a pivotal part in supporting the Loans Agency Lending and Collateral Management team, ensuring the smooth and efficient operation of the bank’s processes and controls. This is an exciting opportunity to contribute to the creation of a centre of excellence in Operations.
Key Responsibilities of the Loans Agency AVP
- Risk Management: Ensure all exposure risks are covered and collateral needs are met daily, while managing risk within the company’s appetite. Operate within defined processes, controls, and procedures, and proactively seek out risks.
- Process Improvement: Regularly review and update controls, ensuring all procedures are documented and relevant. Drive efficiency and control improvements within the team.
- Regulatory Compliance: Ensure all regulatory reporting needs are met, including timely execution of tasks such as CASS reporting. Address any issues urgently.
- Client Reporting: Fulfil all client reporting obligations, including end-of-day positions, fee payments, and invoice management.
- Stakeholder Collaboration: Represent the team in communications with other business units, ensuring timely and clear communication. Liaise with external vendors and sub-custodians as required.
- Leadership and Development: Support the development of junior team members and contribute to a positive, proactive workplace culture. Provide cross-training to cover supervisory responsibilities within the team.
- Project Management: Lead departmental projects and support ad-hoc tasks, including UAT testing of new IT developments.
- Performance Monitoring: Create and present key KRI/KPI metrics to senior management, along with suggestions for process improvements.
Qualifications and Experience
- Experience: Minimum of 3 years’ experience in a collateral management function with strong knowledge of Loans Agency / Lending.
- Technical Skills: Familiarity with triparty vendors in collateral management and optimisation is essential.
Apply Now to be a part of a dynamic team where your contributions will be valued and your career growth supported.