Manager, Share Margin Financing Credit

2-5 Years

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Early Applicant

Job Description

Job Purpose

To process and evaluate margin (SMF and PF) and non margin applications.
To evaluate and assign collateral capping (i.e shares, wealth, property) for SMF /PF margin accounts.
Providing credit support to all Share Trading Centres (STC) and Account Relationship Managers

Key Responsibilities

To manage, guide and train the support team members in order to achieve the turn around time (TAT) and policy guidelines are met.
Ensure that SMF/PF new application(s) and credit renewal submitted meet the Bank's risk acceptance criteria, SMF and PF credit policy, approving matrix, AMLA framework and BNM guidelines requirement.
To analyze SMF/PF application(s) and subsequently prepare credit write up, recommend for loan approval.
To perform review and renew all SMF/PF margin accounts.
To continuously work on streamlining work processes to improve on TAT.
Handling CCRIS reporting enquiries - lodge new application and update application status.
Handling CTOS checks.
Prepare weekly and monthly reports for submission to the management.
Attend queries/request and provide guidance to STC, ARM and Retail Broking Investment Lending on all matters related to SMF/PF.
To conduct property valuation for property pledged as collateral.

Experience/Knowledge Requirements

Skill

Knowledge

Tertiary education qualification
AICB Certificate in Credit holder - is an added advantage
Basic understanding of equity markets and margin financing mechanics
Good knowledge of credit applications, processing and evaluation
Experience and knowledge in stock banking is an advantage.
2 to 5 years of experience in credit processing on retail (secured and unsecured products) or non-retail portfolio.