Key Responsibilities
:
Monitor daily client purchase settlements and ensure timely payment within the settlement cycle.
Follow up on overdue client debit balances, prioritizing the oldest outstanding dues.
Monitor daily margin positions and identify accounts that fall below the required maintenance margin.
Contact clients on margin calls and follow up for fund top-ups or consent for partial sell-down.
Follow up on margin debit balances, prioritizing accounts with the highest outstanding amounts.
Record payment commitments (amount and date) from clients and follow up until payment is received.
Record every client contact, commitment and follow-up accurately in the company's recovery management system.
Prepare daily follow-up status reports for the Risk & Recovery Manager.