Manager, Trade Middle Office
HABIB BANK LIMITED
Job Purpose:
Job Responsibilities:
Minimum qualifications:
Minimum experience:
- To execute trade transaction accurately and manage transactional credit, operational and documentary risk, ensuring adherence to approval credit terms & conditions and complied with regulatory requirements.
Job Responsibilities:
- Manage and monitor end-to-end control of all trade transactions from import to export covering all areas of trade structure from receipt of transaction application to repayment of loans and reconciliation of transaction.
- Perform independent transactional risk analysis and explore mitigating measures with reference to approved credit facility terms and conditions and regulatory framework.
- Ensure appropriate transaction scrutiny, including review of supporting document such as import and export Letters of Credit Application, Purchase and Sales Contracts, Insurance Policies, and other relevant documents.
- Manage client's collateral positions, which include clients' facility limit exposures, cash position, submission of export LC (Front to Back and Unsold structure) throughout the life cycle of the transaction and follow up on top-up for transactions that are under collateralized.
- Perform price and vessel check on trade transactions and ensure transaction is adhered to bank's policies, regulatory & AML/CFT sanction policy.
- Perform Mark to Market valuation and monitor loan to collateral to ensure financing is within approved threshold and conduct margin call whenever is required.
- Provide prompt escalation to Relationship/Credit Risk Manager of any potential risk or breach of credit condition which may jeopardize the underlying asset or related source of repayment
- Provide customer/counter party conduct review, trade flows and facility utilization pattern during credit review.
- Main contact point for all Structure trade transactions to address client inquiries and to coordinate with internal stakeholders.
- Prepare weekly monitoring report and monthly utilization reconciliation report
- Perform department administrative tasks, participate in process flow improvement or other initiatives as assigned.
Minimum qualifications:
- Bachelor's degree in Business, Finance or related field from a recognised institution.
- Sound knowledge of UCP, ISBP, URR, URDG, and experience in all areas of international trade & trade finance.
- Well-versed in Microsoft Excel, proficient in macro will be advantage.
- Strong knowledge in Trade product and different types of Commodities
Minimum experience:
- Minimum 5 to 10 years of Trade Middle Office or Trade Operation experience with exposure to structured trade transactions.
- Necessary Skills & Competencies:
- Strong analytical and critical thinking skills.
- Ability to work independently with diligence and excellent follow-up skills.
- Possess good interpersonal skills with the ability to communicate effectively across different cultures and with multiple stakeholders.
- Well-versed with banking regulations and AML/CFT sanctions compliance.
JOB SUMMARY
Manager, Trade Middle Office
HABIB BANK LIMITED
Singapore
12 days ago
N/A
Full-time
Manager, Trade Middle Office