Director, Collateral Monitoring Manager – RJB, Private Client Banking

Job Description Summary

Essential Duties and Responsibilities

• Serves as a subject matter expert and owner of the securities backed loan portfolio risk management and monitoring process
• Manages and develops junior staff

• Responsible for monitoring intraday concentrated equities via internal template with Bloomberg or Thompson Reuters for RJB securities backed lending portfolio

• Ensure accurate completion of daily, weekly, monthly and quarterly reporting functions and appropriate record retention

• Compile and manipulate portfolio data and create reports used in senior management meetings

• Review daily collateral calls and may contact branch/FA as needed

• Oversight of the coding of eligible securities with RJ Operations

• Provides subject matter expertise and guidance for initiatives related to collateral monitoring

• Manage the process for loan workouts including demands and terminations

• Perform UAT testing as appropriate

• Monitors high risk accounts and responsible for tracking and follow up

• Responsible for the creation and delivery of compliance and accounting records and reports, as required by senior management and regulatory agencies

• Handles escalations related to collateral and makes risk-based recommendations

• Maintains existing policies and procedures
• Identifies process and policy efficiencies to balance risk management with client/FA experience

• Performs other duties and responsibilities as assigned

• Assists with special projects, as required

Knowledge of

• Margin regulations including Reg U and Reg T lending practices and liquidation processes

• Advanced knowledge of general securities industry including both public and private investment products

• Enterprise securities risk management practices including volume, ratings, bulk holdings (bank and firm), fundamental analysis and common volatility metrics

• Bloomberg and Thompson Reuters functions and corresponding MS Excel formula syntax

• Intermediate Excel knowledge and skills including macro creation and experience with VBA
• Writing and running SQL server queries and compiling large amounts of data
• Intermediate Tableau knowledge and skills
• Firm enterprise data management systems and policies

• Intermediate level concepts, practices and procedures of retail loan processing and documentation

• Intermediate principles of banking and finance

• Financial markets and products

Skill in

• Data analysis
• Preparing records and reports

• Performing routine to moderately complex loan/collateral calculations

• Operating standard office equipment and using required software applications

• Reviewing and interpreting loan documentation and terms

Ability to

• Analyze securities collateral for eligibility and overrides
• Review and prepare reporting needed to monitor portfolio risk

• Interpret and apply policies.

• Attend to detail while maintaining a big picture orientation.

• Partner with other functional areas to accomplish objectives

• Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment

• Communicate effectively, both orally and in writing

• Work independently as well as collaboratively within a team environment

• Handle stressful situations and provide a high level of client service in a calm and professional manner

• Establish and maintain effective working relationships

Travel

Workstyle

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.