Trade Finance Officer, Senior | Bank | 6-Month Contract

  •  Job Reference: 159659
  •  Industry: Banking and Finance
  •  brand-id: R1105160
  •  Brand Name: 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.