General Manager - Financial Control & Credit Risk

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.