30+ days ago
Full TimeMid Level
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Skills Gap Analyzer
Compare your skills with the requirements for Associate, Regional Margin Desk and see what you need to learn
About the company
EFG Holding
Financial Services
Purpose
Responsible for monitoring the financial and asset position of the margin clients and the firm’s margin portfolios in the UAE, KSA, Kuwait and OLT.
Responsibilities
1.Conduct margin calls with clients who exceed the acceptable margin percentage.
2.Calculate client’s margin interest and compare it to the commissions generated on a monthly basis and send monthly country reports to change/waive margin.
3.Responsible for the credit assessment & suitability report for KSA, UAE, Kuwait and OLT.
4.Produce requested reports for the local regulator and exchange and send weekly and monthly market reports.
5.Support with:
a.approving OLT products on Saxo tools.
b.approving the new structure products for trading.
c.creating and updating margin securities lists in UAE, Kuwait and KSA.
6.Ensure compliance with all applicable AML/CTF rules and regulations as required in the conduct of the role.
7.Ensure timely completion of all relevant AML/CTF training provided by the Group.
8.Ensure response to AML, CTF & sanctions inquiries in a timely manner.
Job Requirement
“Thank you for your interest in applying to EFG Hermes. Due to the high volume of applications/interest, please note that we are only able to respond directly to applicants that are shortlisted for interviews.”