Manager Collateral Operations - UAE National

Job description / Role

As a Manager - Collateral Operations, you will be responsible for overseeing daily collateral processes, managing counter-party exposure, and ensuring risk mitigation and liquidity optimiation. You will also lead and develop a small team, fostering a high-performance culture while collaborating with risk, legal, and compliance teams to safeguard clearing operations.

Client Details

A dynamic local government entity in Abu Dhabi.

Description

* Develop and implement collateral management strategies aligned with regulatory frameworks and risk policies.
* Oversee daily collateral operations, including collateral allocation, valuation, margining, and reconciliation.
* Lead and manage a team of two professionals, providing guidance, performance management, and mentorship.
* Monitor and manage collateral exposure, eligibility criteria, and margin requirements.
* Ensure compliance with global financial regulations and risk management policies.
* Collaborate with custodians, financial institutions, and internal teams on collateral safekeeping and segregation.
* Optimize collateral utilization to minimize funding costs and liquidity risks.
* Provide strategic insights on collateral trends, regulatory changes, and risk mitigation strategies.
* Drive continuous improvement initiatives, leveraging technology and best practices to enhance collateral processes.

Job Offer

* Lead and enhance collateral operations in a well-structured financial environment.
* Manage and mentor a team, driving operational excellence and risk mitigation.

* Bachelor's degree in Finance or a related field (Master's degree preferred).
* 10+ years of experience in financial sector.
* 4+ years of managerial experience in collateral management or risk operations.
* Proven leadership experience, with the ability to mentor and develop a team.
* Expertise in collateral management principles, financial instruments, and risk frameworks.
* Strong knowledge of derivative instruments, securities lending, and repo markets.
* Certifications such as FRM (Financial Risk Manager) or PRM (Professional Risk Manager) are preferred.
* Strong stakeholder management skills, with the ability to work cross-functionally across teams.

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.