Responsibilities

Finance Control:

- Financial Reporting: Oversee accurate and timely preparation of financial statements, ensuring compliance with accounting standards and internal policies.

- Budgeting and Forecasting: Lead the budgeting process and provide financial forecasts to support strategic planning.

- Stakeholder Reporting: Provide financial insights and reports to senior leadership and external stakeholders as required.

- Cost Control: Monitor and control operational costs, identifying areas for efficiency improvement.

- Internal Controls: Design and implement robust internal controls to safeguard assets and ensure financial integrity.

- Audit and Compliance: Coordinate internal and external audits and ensure compliance with statutory and regulatory requirements.

- Cash Flow Management: Monitor cash flow and liquidity to ensure the organisation meets its financial obligations.

Credit Risk Management:

- Risk Assessment: Evaluate credit risk associated with margin accounts and lending transactions. Analyse the creditworthiness of clients and counterparties and assess collateral adequacy.

- Counterparty Credit Analysis: Set credit limits and monitor exposures.

- Margin Policy and Procedures: Develop and enforce margin policies in line with internal and regulatory standards.

- Margin Monitoring: Continuously monitor accounts for potential risks and violations.

- Margin Call Management: Manage the margin call process and ensure timely resolution.

- Risk Modelling: Use models and tools to quantify credit risk exposure.

- Risk Reporting: Prepare regular reports for senior management and risk committees.

Additional Responsibilities

- Model Development: Contribute to the development and validation of credit risk models.

- Portfolio Risk Analysis: Conduct stress testing and scenario analysis.

- Client Interaction: Address margin and credit-related queries and negotiate terms.

- Cross-functional Collaboration: Work with trading, operations, and other risk teams to ensure integrated risk and financial management.

- Policy Development: Update credit risk and financial control policies in line with best practices.

- Regulatory Awareness: Stay informed on relevant regulations affecting both credit risk and financial reporting

Requirements

- Chartered accountant or master's degree in finance, economics, risk management, or a related field.

- Solid understanding of financial markets, trading products, and margin trading concepts.

- Experience in credit risk assessment, preferably in a margin trading environment.

- Familiarity with risk modeling, financial analysis, and statistical techniques.

- Knowledge of relevant financial regulations and compliance requirements.

- Strong analytical skills and attention to detail.

- Excellent communication and interpersonal skills to collaborate with internal teams and external clients.

- Ability to work in a fast-paced and dynamic trading environment.

- Relevant certifications (e.g., FRM, CFA) are advantageous but not mandatory.