This established European bank is one of the world’s leading commercial and corporate banking institutions servicing blue chip corporate clients.
In line with the bank’s innovative global strategy, an excellent opportunity now exists for an experienced trade finance professional to join the commodity finance group.
Key Responsibilities: • Act as a main contact for commodity traders regarding the utilisation of facilities and to ensure a high level of service is delivered at all times • Manage a significant portfolio of facilities protecting the bank’s exposure to risk through the constant monitoring of credit facilities and valuation of collateral • Show credit risks in a timely manner by reacting to facility excesses and collateral shortfalls • Be jointly responsible for good relationships with the bank’s customers and intermediaries/counter-parties by maintaining and building client relationships and ensuring good utilisation of the facility
Key Requirements: • The ideal candidate should be a team player, and have the ability to make decisions, influence others and be self-reliant • Have an in-depth understanding of commodities facilities on both an operational and commercial basis (this should include facility types, limit structures, nature of security required, tenor provisions etc.) • Strong experience in a commodity based environment, with an excellent understanding and working knowledge of the principles of commodities/trade finance collateral • In addition, an understanding of treasury products such as money market loans, spot and forward foreign exchange transactions, commodity futures and derivative products
