GSC Head - Collateral Management & Client Valuations Operations - Banking

GSC Head of Collateral Management & Client Valuations Operations

Reporting Manager:

Entity Reporting: GSC Head of Markets Operations

Functional Reporting: Global Head of Collateral Management & Client Valuations Operations

Role Purpose :

- Lead the management of the GSC Collateral Management and Client Valuations Operations (Collateral New Business, Data Quality & Trade Maintenance, Client Portfolio Reconciliations, Margin Booking, Margin Call Dispute Management, Collateral Regulatory reconciliations/reporting, Collateral Margin Settlements, Interest Management and Client Valuations services) equally across GSC sites in KL and Manila sites where the core processes are located supporting all 4 balance sheets and satellite sites across Asia/EMEA.

- In addition, GSC being the Center of Excellence for Collateral Ops, the role has full functional responsibility and accountability of the core Collateral Management and Client Valuations functions that sit in the GSC.

- Ensure the Global Markets business is supported in a controlled manner through delivery of the following global activities:

Collateral New Business - The Collateral New Business team that sits within the Global Data Quality team supports new Collateral business initiatives by management of the review of Credit Support Annexure legal documents and setting the terms up in the global Collateral system so to ensure we manage risk exposure through management of 20,000+ Credit relationships or CSA. This involves interacting with a wide range of stakeholders across Legal, Front office, Banking Middle office, Credit Risk and Operations.

Data Quality and Trade Maintenance - This activity sits firmly within the larger Data Quality team and acts a clear gatekeeper of the right quality and consistency of data across our core Collateral system. This is critical for the calculation of the right risk exposure which we manage with our counterparties and clients.

Margin Booking - This function supports the manual margin booking activity into the core Collateral Management system which clearly drives the risk exposure and management with clients and counterparties we trade. The bank processes 29000 margin calls monthly with a value of 165 bn USD hence it is a very key element of Collateral risk management function.

Client Portfolio Recs,Margin Dispute Management and Regulatory reconciliations/reporting - These functions encompass the Collateral risk management and control function which drives trade level and portfolio level exposure reporting to the front office, Management office, Risk, Product Control and Operations.

- Clearly setup as a front to back risk management and regulatory reporting service that will drive our clear response to key regulations such as Margin rules (BCBS/IOSCO), DFA and EMIR. Team manages a clear risk based approach on 11000 monthly margin disputes with dollar amount of 40 bn USD.

Collateral Margin Settlements & Interest Management - This function is responsible for the movement of the collateral margin and Interest on Cash Collateral between us and our clients/counterparties clearly aligned to our risk exposure management and client service requirements. As a bank we process 21000 monthly cash collateral moves with a dollar amount of 90 bn USD.