Trade Finance Officer, Senior | Bank | 6-Month Contract
Job Reference: 159659
Industry: Banking and Finance
Consultant Registration Number: R1105160
EA License Number: 02C3423
Job Responsibilities
- Administers and monitors transactional collateral for commodity structured trade finance.
- Responsible for transactional and operational integrity of the credit facility structure especially in areas of settlement risk, operational risk, and performance risk.
- Work closely with Relationship Managers, back-office operations and Credit Risk Managers (CRM) as well as sales and product to coordinate and leverage on the expertise of each party.
- Ensures that all credit policies, NPAs, and SOPs are adhered to and update all transactions.
- To deliver structured trade finance services to clients in accordance with established quality, service standards and established procedures, policy, and standards.
- Perform Mark to Market (MTM) valuation, monitor cash collateral requirements follow up on top-ups when under-collateralised.
- Monitor Loan to Value (LTV) ratio to ensure that it is not breached and conduct margin calls whenever necessary.
- Alert Relationship Managers and Credit Risk Managers of any potential risks which might endanger the underlying asset or identify the source of repayment in a timely manner.
Job Requirements
- Degree in Banking and Finance or equivalent.
- Minimum 5 years of experience in commodity and structured trade middle office and or back office.
- Attentive to details with good analytical skills and the ability to understand the intrinsic transactional risks.
- Able to cope with pressure and meet tight timeline.
- Team player with excellent organisational and interactive skills.
- Knowledge of trade-based rules such as UCP600, ISBP745, URC525 and Incoterms 2021.
