Description:
Our client, a leading player in the corporate banking industry, is seeking a TMU Specialist to join their team. If you have a passion for trade finance, operational execution, and risk mitigation, this could be the perfect opportunity for you!
Job Description:
To ensure all specialist trade deals meet transactional requirements aligned to the product specific frameworks/standards, and monitor the trade life cycle to ensure contractual obligations are met and risk is managed.
Key Responsibilities:
Assist the Trade Finance Transaction Manager with operational execution and management of TPS group-originated trade finance deals. Prepare and analyze Management Information Systems (MIS) reports, identifying trends and income discrepancies. Ensure that revenue and premiums are recovered and penalties for partial or late payments are processed accurately. Conduct daily reconciliations of cash cover, collateral, call, and margin accounts. Monitor compliance with internal controls and ensure adherence to legal agreements, CP documents, and risk protocols. Coordinate the operationalization and drawdown of transactions, ensuring deals are in line with approval conditions. Foster and manage relationships with both internal and external stakeholders, addressing queries and providing operational support.Qualifications:
Minimum: CDCS or similar Trade qualification. Preferred: BComm or equivalent tertiary-level education.Experience Required:
3-4 years’ experience in Corporate Banking, with expertise in Trade Services (including Risk Participation, Trade Loans, Exchange Control, and Escrow Accounts). 3-4 years’ experience in Investment Banking Operations, with specific knowledge of TMU, Trade Loans, and Commodity Finance.Behavioral Competencies:
Team Working: Collaborate effectively across teams and business units. Analysing Solutions: Identify and solve problems efficiently and independently. Embracing Change: Adapt to fast-paced and changing environments, managing stress effectively.Technical Competencies:
Product Knowledge: Expertise in Risk Participation, Back-to-Backs, Open Account Trade Finance, and Escrow Services. Effective Business Communication: Mastery in communicating ideas clearly and concisely to different audiences. Continuous Process Improvement: Ability to review and improve processes continuously to optimize performance. Controls: Ability to design and implement controls to mitigate risks. Microsoft Office Suite: Advan
02 Mar 2025;
from:
gumtree.co.za