Manager of Collateral Operations

6 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time
Manager of Collateral Operations

Job Description:

Client Introduction:

In this role, you will have the opportunity to work closely with one of our esteemed clients. This client is a global leader known for its commitment to quality and innovation. They have chosen Dautom as their trusted partner for their upcoming projects.

Job Objective:

The Manager of Collateral Operations for Securities Exchange is responsible for leading and overseeing the exchange's collateral operations. This includes developing and implementing collateral management policies and procedures, managing the exchange's collateral portfolio, and ensuring that the exchange complies with all applicable collateral management regulations.

Key Accountabilities:

General Responsibilities:

1. Develop and implement collateral management policies and procedures, including collateral eligibility criteria, collateral segregation and safekeeping arrangements, collateral liquidations and haircuts, and margining requirements.
2. Manage the exchange's collateral portfolio, including monitoring collateral levels, managing collateral movements, and processing collateral transactions.
3. Ensure that the exchange complies with all applicable collateral management regulations, including the Securities Exchange Act of 1934 and the regulations of the Securities and Exchange Commission.
4. Prepare and present collateral reports to senior management and the Board of Directors.

Job Specific Responsibilities:

1. Overseeing the day-to-day operations related to collateral, including the assessment, valuation, and tracking of collateral assets used in trading.
2. Developing strategies and systems to optimize the use of collateral, aiming to minimize the amount of collateral tied up while meeting regulatory and risk requirements.
3. Managing collateral agreements, ensuring accurate documentation, and adherence to legal and regulatory guidelines.
4. Manage the exchange's margining requirements for clearing members and other counterparties.
5. Manage the exchange's collateral eligibility criteria for all types of collateral, including cash, securities, and derivatives.
6. Manage the exchange's collateral segregation and safekeeping arrangements with custodians and other financial institutions.
7. Manage the exchange's collateral liquidations and haircuts in the event of a counterparty default.
8. Work with the clearinghouse to manage the exchange's clearing and collateral requirements.
9. Implement and utilize technology, such as collateral management systems, to streamline operations, improve accuracy in collateral valuation, and ensure compliance.
10. Monitor market trends and changes that might impact collateral values or requirements, adjusting strategies accordingly to optimize collateral usage.
11. Invest in ongoing training and skill development for the collateral operations team, ensuring they are equipped with the latest tools, knowledge, and best practices.
12. Integrate Environmental, Social, and Governance (ESG) considerations into collateral management strategies, aligning with broader market trends towards sustainable and responsible investing.
13. Implement advanced analytics tools to analyze collateral data, identify trends, and generate comprehensive reports for better decision-making and risk assessment.
14. Establish efficiency metrics and benchmarks to continually evaluate and improve the effectiveness of collateral management processes.

Required Skills:

Securities, Financial Institutions, Eligibility, Valuation, Decision-Making, Trading, Risk Assessment, Metrics, Directors, Analytics, Cash, Regulations, Documentation, Training, Management.

#J-18808-Ljbffr

  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Manager of Collateral Operations Job Description: Client Introduction: In this role, you will have the opportunity to work closely with one of our esteemed clients. This client is a global leader known for its commitment to quality and innovation. They have chosen Dautom as their trusted partner for their upcoming projects. Job Objective: The...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Manager of Collateral OperationsJob Description:Client Introduction:In this role, you will have the opportunity to work closely with one of our esteemed clients. This client is a global leader known for its commitment to quality and innovation. They have chosen Dautom as their trusted partner for their upcoming projects.Job Objective:The Manager of...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Mackenzie Jones Middle East Full time

    Collateral Operations Manager (Emiratisation)Job Purpose:Lead and oversee collateral operations, ensuring efficient management of collateral assets and financial instruments while maintaining compliance with regulatory and risk standards to achieve operational excellence and financial stability.Key Responsibilities:Direct daily collateral operations,...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Job OverviewThe Manager of Collateral Operations for Securities Exchange plays a critical role in leading and overseeing the exchange's collateral operations. This involves developing and implementing collateral management policies and procedures, managing the exchange's collateral portfolio, and ensuring compliance with all applicable collateral management...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Client of Talentmate Full time

    Client of Talentmate is hiring a highly skilled Marketing Operations Manager to lead our marketing efforts.The successful candidate will have experience in managing marketing budgets, allocating resources effectively, and tracking and analyzing marketing campaign performance. They will also be responsible for creating and executing marketing materials,...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Job DescriptionThe Manager of Collateral Operations is responsible for leading the exchange's collateral operations, including developing and implementing policies and procedures, managing the collateral portfolio, and ensuring compliance with regulations.Main AccountabilitiesPolicy DevelopmentDeveloping and implementing collateral eligibility criteria,...

  • Reactor Operator

    4 hours ago


    Abu Dhabi, Abu Dhabi, United Arab Emirates ENEC Operations Full time

    Job PurposeSupport on-shift operations in the preparation and execution of online and outage periods. Provide support to the SRO role, specifically for outage preparation, lead and own assigned PWR Owners group windows, to optimize activities in the schedule, and drive improvements. Develop and write clearances for both online and outage work. Provide...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Key ResponsibilitiesLeading the exchange's collateral operations, including developing and implementing policies and procedures, managing the collateral portfolio, and ensuring compliance with regulations.Developing and implementing collateral eligibility criteria, collateral segregation and safekeeping arrangements, collateral liquidations and haircuts, and...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Responsibilities SummaryLead the exchange's collateral operations, including policy development, portfolio management, and regulatory compliance.Manage the exchange's collateral portfolio, ensuring efficient use of collateral while meeting regulatory requirements.Ensure compliance with all applicable collateral management regulations.Prepare and present...

  • IT Operations Manager

    3 weeks ago


    Abu Dhabi, Abu Dhabi, United Arab Emirates Client of Talentmate Full time

    Bachelors in Computer Application (Computers) Nationality: Any Nationality Vacancy: 1 Vacancy Job Description The IT Operations Manager is responsible for managing the day-to-day operations of the IT infrastructure and systems. They ensure the stability, availability, and performance of the IT infrastructure, as well as the timely resolution of incidents...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates ENEC Operations Full time

    Job PurposeManage the design and support system engineering functions for Man Machine Interface System (MMIS) and Digital Instrumentation and Control (I&C) systems as defined within the department roles, responsibilities, and associated procedures.These engineering functions are applicable for the operation of the Barakah Nuclear Power Plant (BNPP) as per...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Client of Talentmate Full time

    Client of Talentmate is looking for an experienced Senior Marketing Lead to join our team.The successful candidate will have experience in leading cross-functional teams, developing and implementing marketing strategies, and managing marketing budgets. They will also be responsible for creating and executing marketing materials, including digital and print...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Skills Hub Recruitment Solutions Full time

    We are seeking a dedicated Site Manager to join our Emirati Genome Program (EGP), a transformative initiative aimed at advancing healthcare through genetic research. As a Site Manager, you will play a critical role in overseeing sample collection operations at various locations across the UAE.About the RoleThe successful candidate will be responsible for...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Abu Dhabi Securities Exchange Full time

    Provide specialist support to conduct and monitor the efficient and compliant operations of Abu Dhabi Clear's (AD Clear's) clearing system, through meticulous administration of clearing related activities, system settings, margin calls, and collateral, ensuring market stability and integrity in adherence to defined risk guidelines and regulatory...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Client of METAHUNT Full time

    Position: Operations Manager IT SectorLocation: Abu Dhabi, UAEReporting To: Chief Operating Officer Summary: We are looking for a proactive and results-driven Operations Manager to lead and optimize IT operations. This role focuses on managing the Support Services and Project Department, ensuring the smooth delivery of IT services, driving process...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank (FAB) Full time

    Company OverviewFirst Abu Dhabi Bank (FAB) is a leading bank in the UAE, committed to creating value for its employees, customers, shareholders, and communities.We are looking for top talent to accelerate growth and advance careers. The successful candidate will join our team of experienced professionals in the Retail Loans Operations department.The role is...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Manager of Clearing OperationsJob Description:Client Introduction:In this role, you will have the opportunity to work closely with one of our esteemed clients. This client is a global leader known for its commitment to quality and innovation. They have chosen Dautom as their trusted partner for their upcoming projects.Job Objective:The Manager of Clearing...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Dautom Full time

    Manager of Clearing OperationsJob Description:Client Introduction:In this role, you will have the opportunity to work closely with one of our esteemed clients. This client is a global leader known for its commitment to quality and innovation. They have chosen Dautom as their trusted partner for their upcoming projects.Job Objective:The Manager of Clearing...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates Central Bank of The UAE Full time

    Job DescriptionThe Central Bank of the UAE (CBUAE) is the supervisory and regulatory authority of the banking and insurance sector in the United Arab Emirates. The CBUAE is responsible for enhancing monetary management, financial stability and protecting consumers through effective supervision of licensed financial institutions, prudent management of...


  • Abu Dhabi, Abu Dhabi, United Arab Emirates ENEC Operations Full time

    Job PurposePerform electrical maintenance tasks on safety and non-safety related Systems, Structures and Components as prescribed to effectively maintain the plant and ensure high equipment reliability and performance. These tasks may include, but are not limited to Implementation of Preventive Maintenance activities, troubleshooting and investigations,...