SBL Collateral Monitoring Lead

Location: New York

SBL Collateral Monitoring Lead page is loaded## SBL Collateral Monitoring Lead locations:
New York/1400 Broadway/114025:
Beverly Hills/9665 Wilshire Boulevard/114056time type:
Full time posted on:
Posted Todayjob requisition :
19412
** Position Title
** SBL Collateral Monitoring Lead
** Location
* * New York, NY 10018
** Job Summary
** The SBL Collateral Monitoring Lead is responsible for supporting both the build-out and ongoing operations of the Bank’s collateral monitoring function. This role has a dual mandate:  
1. Implementation & Design (early stage):
Participate in the integration, testing, and rollout of the collateral monitoring system, processes, and procedures as part of the bank’s new SBL platform.  
2. Daily Collateral Operations (ongoing):
Ensure accurate, timely, and risk-aligned monitoring of pledged collateral for SBL facilities, while delivering exceptional service to internal partners and maintaining the highest standards of control, data accuracy, and responsiveness.  The ideal candidate is detail-oriented, analytical, organized, and comfortable operating in a build-from-scratch environment. They will be a partner to Credit Risk, Legal, Operations, Technology, Private Client Advisors/PCGs, and external vendors.

Over time, this role will manage a team of collateral monitoring professionals.
The Base Salary Pay Range for this role will be between $80,939-$150,240 depending on individual qualifications and geographical location.

Pay Range:
Local Minimum Wage - $0.00 - $0.00
*
* Job Responsibilities:

**** Product Build, System Design & Implementation
** Participate in the end-to-end implementation of the Bank’s collateral monitoring system, including requirements gathering, UAT, workflows, exception handling, and reporting automation.

Help draft and refine collateral monitoring procedures, process flows, control frameworks, and escalation paths.

Support system integration activities, including testing data feeds, API validations, and exception reconciliation.

Identify system gaps, propose solutions, and raise issues in a timely manner during testing and pilot phases.
** Daily Collateral Monitoring & Transaction Oversight
** Execute daily collateral monitoring: updates, margin status, securities eligibility checks, concentration limits, and exception reviews.

Research and manage Shortfalls/Legal Status and communications.

Escalate issues to Head of SBL, Credit, and Risk teams according to established protocols.

Prepare and distribute daily/weekly/quarterly internal dashboards and reports, including stress test outputs, volatility monitoring, exposure summaries, and KPIs.
** Client & Advisor Support
** Serve as point of contact for collateral-related inquiries from Private Client Groups (PCGs), bankers, advisors, and internal stakeholders.

Provide clear explanations on margin calls, eligibility rules, collateral movements, and pledge mechanics.

Partner with the Head of SBL and Operations teams to resolve complex sensitive collateral issues.
** Account Maintenance & Transaction Processing
** Process collateral-related transactions including pledge requests, collateral booking, and releases, ensuring accuracy and proper audit trail.

Accurately evaluate daily servicing transactions (i.e., line advances, collateral withdrawals, paydowns and payoffs), engaging appropriate stakeholders.

Review and validate loan-level and security-level overrides in line with policy, internal governance, and system controls.
** ADDITIONAL

ACCOUNTABILITIES
** Performs special projects, and additional duties and responsibilities as required.

Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
** JOB REQUIREMENTS
***
* Required Qualifications:

** Education level required:
Undergraduate Degree (4 years or equivalent)  Bachelor’s degree in Finance, Economics, Business or related field.

Minimum experience required: 6+ Years of experience in collateral monitoring, lending operations, or securities-related functions (SBL, margin lending, brokerage operations,…