Senior Manager, Credit Operations

Job Description

Designation : Senior Manager, Credit Operations

Job Highlights

• A vibrant, dynamic, friendly and inspiring work environment
• Employee’s benefits – Annual Leave, Insurance Coverage, Medical
• Learning Opportunities
• Good opportunity for career advancement

Job Responsibilities:

• To support, review and approve the request for trading limits of clients and Dealer Representative’s (”DR”) setting of user limits,
• Review, propose or approve (where applicable) on the application for a trading facility and matter related to Client’s trading account, checking client KYC
• Process, verify or approve or obtain approval for request for contract amendment, revision of brokerage, buying in position and error account
• Daily review and approved client’s request for fund transfer between accounts and to perform the trading limit adjustment
• To perform trades monitoring and prepare daily reports to Bursa Malaysia
• Process DBT request and monitor daily force selling, execution of DBT and margin financing facility
• Monitor and follow-up client’s outstanding losses with DRs;
• Process the request of withdrawal of the clients/Dealer Representative ’s collateral and to ensure that the necessary limit and the account was satisfactory reviewed and approved.
• Review and monitor DR’s security deposit meets their trading requirement and according to company’s Policies & Procedures;
• Prepare and verify monthly DR’s commission report for approval
• Ensures all margin legal documentations are properly executed by clients and witnessed by DRs;
• Monitoring of clients’ margin accounts and ensure clients’ margin accounts are well conducted with margin shortfall rectified within the stipulated margin call period.
• Monitor to ensure force-selling is instituted by DRs to rectify the margin call position within the stipulated time given;
• To monitor branch single securities exposure and designated securities;
• To perform periodic review of margin accounts;

Requirements:

• Bachelor Degree in any related fields with minimum 7 years of experience in Credit Control Department from Stock Broking company or Investment Bank.
• Team player with excellent interpersonal and networking skill.
• Strong organisational and time management abilities with excellent administrative
  skills
• Have a great sense of curiosity and willingness to explore new risk areas.
• Excellent analytical skill and capability to view and relate matters on an overall macro
  basis.