Vp Structured Trade Middle Office - Central Singapore - RevUp Consulting

RevUp Consulting

Verified Company

Central Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

A Regional Corporate bank seeking to further establish its presence in Singapore is looking for an experienced Structured Trade Middle Office Specialist.

In return, you will enjoy an attractive annual remuneration of up to $150,000 per annum.

Key Responsibilities:

Prepare transaction approval, coordinate and communicate with internal and external stakeholders on approval for trade finance transactions including limit excesses, cash earmarking, cash deposits, funds intake, stocks position, release of stocks, warrants, warehouse receipts and/or other shipping documents, follow up on shipment details and submission of collaterals/securities etc
Monitor bank lines and country cap exposures for LC Discounting Bills
Perform daily marktomarket when required by the Credit Approval for clients who are under collateral management agreement (CMA) financing
Liaise with Trade Finance Admin and other operations support units in the Bank on commodity trade finance transactions approval, limits excesses, cash earmarking, cash deposits/funds intake and releases etc
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.
Perform price and vessel route checks for commodities, if necessary.

Required Skills:

Degree in Banking & Finance
Minimum 8 years of relevant experience in control and monitoring of all aspects of commodity trade transactions/ with structured trade operations will be advantageous
Indepth experience in commodity financing and middle office function

Pay:
Up to $14,000.00 per month

Benefits: