Department | Corporate Banking | Designation | AVP, VP level |
Job Function | Trade Middle Office |
Job Description
This role is responsible for providing full support and accountability to the Corporate Banking Department on Trade Middle Office related duties as detailed below.
Key Responsibilities:
(1) Management of Transactions on risk-based approach
· Perform independent transactional risk analysis with reference to approved credit facilities, customer trade profile as well as the general product guidelines and procedures.
· Main contact point for customers and liaise closely with Trade Operations and other support departments.
· Perform detailed review of BBLC, SBLC, BG and SG issuance and provide recommendations to mitigate risks.
· Explore mitigating measures and work together with Relationship Managers to provide financing solutions to customers.
· Active participation in discussions with Relationship Managers on the modus operandi of customers, trade flows, facility utilization patterns etc. during credit review.
· Provide comments on the bank's Indicative Term Sheet that will be provided to clients.
· Provide comments on the account conducts of the client at the request of the Bank's Credit Committee.
(2) Management of Transaction Approval Process
· Based on analysis performed, prepare and obtain the appropriate transactions approval in accordance with approval procedures.
· Work closely with Relationship Managers and relevant departments to ensure smooth execution of transactions.
(3) Facilities Administration
· Work closely with Relationship Managers to ensure workability of facility structure and the smooth implementation of approved limits.
· Ensure that credit approvals are established/renewed before receiving applications from customers.
· Periodic review of the bank's commodity financing business, including early warning and suggested mitigations.
(4) Others
· Maintain and update customers' credit limits, as approved by Risk Department, and track its utilization.
· Perform periodic reconciliation of customers' utilization verses the information in the system.
· To maintain and update any policy and procedure related to the above tasks (e.g. TMO Standard Operating Procedures)
· Perform account management activities and provide support for other internal control functions.
· Actively work on enhancing workflow and participate in system enhancement projects.
Knowledge & Experience Required:
- Degree holder with minimum of 10 years working experience, of which at least 5 years of directly relevant working experience in similar capacity.
- Must have strong ability to communicate in Mandarin, due to job requirement, and writing Chinese reports.
- Good customer service and communication skills.
- Meticulous and good problem solving skills.
- Experience in change management, system testing and implementation and project management will be an added advantage.
· A fast learner who is able to work independently and as a team as a supporting role.
- Able to work under pressure and meet strict deadlines.
- Self-motivated, self-disciplined, organised, responsible, meticulous and able to multi-task.
Company Reg No.: 201131609D l License No.: 11C4684 l EA Reg no: R21100351
