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AVP/VP, Middle Office - Commodity Finance Banking

Job Seekers Singapore Banking Operations Financial Services - Banking

Job Summary

  • Singapore
  • Permanent
  • BBBH768570
  • Oct 23, 2020
  • Competitive
Job Description

My client is a regional bank with growing presence in Asia. They are expanding their commodity finance business and are looking to hire a headcount to support the transaction and collateral management

Responsibilities

  • Main contact point for customers and liaise closely with Trade Operations and other support departments
  • Perform independent transactional risk analysis with reference to approved credit facilities, customer trade profile as well as the general product guidelines and procedures
  • Inform Trade Operations of any parties (e.g. additional names) which may not be showing on the documents or underlying contracts for Trade Operations to perform AML due diligence screening
  • Perform price and vessel route checks for commodities, if necessary
  • Explore mitigating measures and work together with Front Office to provide financing solutions to customers
  • Active participation in discussions with Front Office on the modus operandi of customers, trade flows, facility utilization patterns etc. during credit review
  • Review BTB matching checklist from Trade Operations for BTB LC issuance
  • Work closely with Front Office and relevant departments to ensure smooth execution of transactions
  • Provide instructions to Trade Operations under TMO collateral deals
  • Handle customers' daily cash transactions including deposits , remittances and attend to enquiries from customers
  • Participate in ad-hoc projects/assignments and customers' meetings where necessary
  • Work closely with Front Office to ensure smooth implementation of approved limits in system
  • Ensure that credit approvals are established/renewed before receiving applications from customers

Requirements

  • Degree holder from recognised university
  • Minimum 10 years of relevant experience across trade operations and middle office
  • Good risk mindset and ability to spot discepancies and issues
  • Good communications and interpersonal skills
  • Due to nature of clientele, mandarin proficiency is required

Interested applicants please apply here with your updated CV

Morgan McKinley Pte Ltd, EA License No: 11C5502

Lee Boon Hou (Hagen), Registration No: R1870932

hlee@morganmckinley.com

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Consultant Details

Consultant Details

Hagen Lee
Hagen Lee
  • Senior Consultant
  • +65 6818 3140
  • hlee@morganmckinley.com