An overseas banking institution wish to recruit within commodity trade finance, you will be responsible for ensuring that delivery of the Bank's products and services are effectively and efficiently handled as well as providing post sanction conformance on all Trade Finance facilities as well as ongoing transactional and collateral management.
Overview
- Prepare, manage and review process and procedures to ensure an efficient running of a Middle Office; this includes the operational activities that require delivery against the recommendations set out by the Bank and Regulators
- Assist and respond to customers' daily transaction enquiries
- Provide turnaround for all client requests and ensure they are prepared and processed in accordance with the relevant risk approval and passed over to the processing areas with Operation Services Department in a timely manner
- Contribute to the strategic development of the Bank's commodity trade finance portfolio
- Prepare and update PID's for new products and new procedures as and when required
- Work closely with the Relationship Managers and Risk Management Department to ensure all necessary business and risk evaluations are undertaken appropriately
- Represent the Bank professionally at any events or conferences attended
- Ensure compliance with the Bank's Compliance and Sanction policies and procedures as well as all external regulatory and sanctions regulations
- Deliver accurate MI and detailed reports detailing client's exposure to product and commodity
Experience Required
- Degree educated in Business, Finance, Accounting or other equivalent
- Experience within the Financial Services industry and specifically commodity trade finance
- Working knowledge of Anti Money Laundering and Customer Due Diligence
- Good knowledge of syndication loan and bilateral products and processes
- Ability to draft policies and procedures