Collateral Management Associate – Global Transaction Banking recruitment
Key Roles and Responsibilities:
- perform commodities collateral management
- handle clients' commodity trade finance transactions
- act as the main contact point for all Commodity Corporate customers and/or require Collateral Monitoring customers regarding the utilisation of their facilities
- identify where requests for utilisation fall outside the terms of approval and to obtain specific credit approval before utilisation can be made. Ensure sufficient collateral coverage, remain within agreed credit and comply with bank procedures / policies
- provide a daily liaison function between Customers, Relationship Managers, Credit Approvers and all Product Processing areas
- enhanced service delivery to clients, liaise with clients and coordinate with internal departments on timely processing of daily transactions
- perform mark-to-market on transactions and inventory financing, make margin call to clients as required
- ensure the physical safe keeping of all title documents and securities, and administer the safe custody of these documents
- support the growth of Structured Trade Finance, Structured Inventory Products
- provide timely and proper release instruction to warehouses
- provide overseas stock inspection in different countries
- supervise junior team members
- manage department business continuity plan to ensure critical business activities will be continued in the event of crisis
- participate and initiate projects to look at process improvement, re-engineering
Qualifications and Skills:
- University educated
- Minimum 3 years experience within trade finance and collatetal management
- Knowledge of Trade Finance legal / security documentation
- Good working knowledge of Excel
- Strong communication skills and be able to be client facing
- Proficient in English, Mandarin and Cantonese
To apply, please send your CV to andrew.ting@connectedgroup.com
April 8, 2011
• Tags: Collateral Management Associate, Global Custody careers in the Hong Kong SAR, Global Transaction Banking recruitment • Posted in: Financial