Assistant Manager – Collateral Management recruitment
Responsibilities:
- To maintain comprehensive Excel spreadsheets for all transactions secured by Commodity Corporates customers and/or require Collateral Monitoring customers.
- To acquire a close understanding of all commodities facilities on both a commercial and operational basis including facility types, limit structures, nature of security required, tenor provisions etc.
- To act as the main contact point for all Commodity Corporates customers and/or require Collateral Monitoring customers regarding the utilization of their facilities, and to ensure a high level of service is delivered at all times.
- To ensure that all requests for utilization are dealt on time.
- To identify where requests for utilization fall outside the terms of approval and to obtain specific credit approval before utilization can be made.
- To ensure that all security, whether transactional or otherwise is held in accordance with the terms of approval.
- To mark collateral to market where applicable, on a daily basis to ensure that collateral held as security does not fall below credit approved levels at any time and to initiate top up calls from the customer where necessary.
- To provide a daily liaison function between Customers, Relationship Managers, Credit Approvers and all Product Processing areas.
- To provide overseas stock inspection in different countries
Requirements:
- Experience of basic trade flows and methods of financing foreign trade.
- Knowledge of Trade Finance legal/security documentation
- Strong risk awareness
- Confident in dealing directly with customers on a daily basis.
- Ability to operate calmly under pressure, to ensure that all utilisation requests are dealt with on time, notwithstanding where additional credit approval may be required.
- Good working knowledge of Excel
- Proficient in English and Mandarin and Cantonese.
Excellent remuneration package offered to the successful candidate
Interested parties may email danny@bauerkaiser.com with an updated CV/résumé or contact Danny for a confidential discussion at: 852.3578.6118 / 852.9866.0957
November 14, 2011
• Tags: Assistant Manager – Collateral Management recruitment, Commodities careers in the Hong Kong SAR • Posted in: Financial