Trade Finance Apac Lead - Singapore - Swiss RE

Swiss RE

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

About Swiss Re Corporate Solutions:

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide.

About the Role & Team:

The Trade Finance team sits within our global Credit & Surety team.

As part of the build out of our global Trade Finance team, we are looking for a geographic lead for our Asia-Pacific trade finance business.

Your role will be a mix of transactional underwriting, client and broker relationship management, geographic sub-PnL management, portfolio steering and team management/leadership.

All our underwriters follow a client relationship and a transaction "End to End", combining client management with individual transaction underwriting assessment and sign-off.

This role is a hands-on underwriting role and management role with a team of two to three direct reports.

The role of the global team is to provide insurance capacity and solutions for leading Trade Finance banks and other financial institutions for cross border trade transactions as well as limited solutions for corporate clients.

This involves an international work environment with a global scope and customer base. The role will include extensive contact with clients and brokers.

The opportunity:

After an appropriate period of onboarding and training, the expectation is that you quickly assume responsibilities within the team and add value by being able to:

Analyze trade finance deals end to end independently including pricing, risk, terms, documentation etc. across the full spectrum of trade finance and non-trade deals (corporate and FI obligors) and document same with concise deal memos; and provide guidance to other underwriters on same
Provide deep expertise in underwriting singlerisk and portfolio structures on corporate and FI obligors
Overall financial management, setting/achieving profitable growth targets and forecasting for geography (pipeline, renewals tracking), i.e. geographic subPnL and alignment to the global PnL
Overall portfolio steering for geography including country, geography diversification and achievement of low loss ratio targets
Represent trade finance in the geography internally and externally recognized by the market (clients and brokers)
Create and manage a client and broker plan for the geography to deepen the existing client and broker base and support new client acquisition
Manage the trade finance operating model for the geography including using global resources for lean team management
Ensure robust operational excellence working closely with operations teams including esignatures change management
Be a valuable contributor to the Trade Finance leadership "TF Board" connecting with all the other global TF Geographic leads, Product Leads and product specialists
Present transactions to internal stakeholders and defend team positions with energy
Identify, monitor and innovate around relevant market, economic and legal developments
Provide training to other underwriters
Lead marketing, thought leadership and event initiatives for the geography
Provide input to team and wider global strategic initiatives with opportunities to also lead the same
People management for a team of two to three direct reports including development, succession planning and training as well as alignment with the global team
Work in a collegiate highperformance global team environment

About You:

You have at least 1215 years' experience with a bank, other financial institution (FI) or insurance firm or broker in Trade Finance or Credit Insurance
You have advanced to expert understanding of assessing credit obligors, financials and structures (corporates and FI obligors) coupled with a graduate degree
You have deep experience with insurance brokers and insurance policy wordings (and also risk participation agreements, a plus)
You have experience with trade finance products and nontrade corporate loans and a wide array of Asia Pacific obligor locations and markets
You have experience steering a portfolio of risks including managing commodities aggregations
Strong experience in clientfacing transactional roles with a customer focus and service mentality (internal and external)
You have experience managing and developing a small team
Firstrate communication skills and transaction management skills
Strong ability to digest numeric, financial and other data/information into concise messaging
Strong interest in corporate and FI risks, wideranging industries, economic interdependencies, financial analysis, in particular applied to a range of economies and transactions around the world particularly in Asiapacific
Good analytical skills and attention to detail combined with an