Your role
Do you thrive in a fast-paced environment, as someone who can balance the demands of high-standard control and risk mitigation with the need to ensure the team attest to policies and regulatory requirements? Do you have an appetite to understand the front-to-back flow to come up with creative ways to manage risk and improve efficiency?
We're looking for a Collateral Risk and Control Specialist to:
- Support the operational risks and controls element within the APAC Collateral and Margin Management team in the region; an area which is highly regulated and also an area expecting substantial growth.
- work closely with the collateral managers to review and assess key risk metrics, perform control testing and assessment, perform deep dives on operational incidents and co-ordinate risk remediation actions.
- In this role, you will gain a good understanding of the operational processes on collateral and margin activities across the multiple products offerings.
- work with global stakeholders to ensure compliance with all relevant global guidelines as well as functional policies & procedures.
- face off to internal and external auditors regularly to assist with on-demand inspections.
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proactively identify and address control gaps; challenge status quo to help the improve the Collateral team's processes.
Your team
You'll be working in the APAC Collateral and Margin Management team in Hong Kong. Your role will be primarily focused on the operational risk and control aspect of this team.
We're responsible for the service delivery of collateral and margin management for APAC, with the purpose of covering UBS' exposure which could have the potential for counterparty default. The team also covers trade valuations reporting to our clients, making sure they receive excellent service, front to back.
Your expertise
This role requires an enthusiastic self-starter who can liaise with different levels of management both regionally and globally.
You have:
- 2 to 4 years of experience in the finance industry and a solid understanding in operational risk and control in this area.
- Knowledge on collateral and margin processing for Exchange traded products or OTC is a plus.
- Good working knowledge of VBA and Alteryx will be beneficial
- Full accountability to take ownership and drive team goals
You are:
- Meticulous attention to details
- A dedicated team player who collaborates well with different functions from different locations
- A good communicator, who can confidently convey information, both written and verbal, appropriately at all levels
- Organized and disciplined in prioritizing work, and able to meet tight deadlines
- Highly responsible, self-motivated, efficient and able to work under pressure
- Someone who would proactively explores ways to improve the way we work with a right balance of risk and control