Analyst/ associate - trade finance operations - agency middle office

Description de l’entreprise



Natixis Corporate & Investment Banking est une institution financière mondiale de premier plan qui fournit des services de conseil, de banque d'investissement, de financement, de banque d'entreprise et de marchés de capitaux aux entreprises, institutions financières, sponsors financiers et organisations souveraines et supranationales du monde entier. Nos équipes d'experts dans plus de 30 pays conseillent nos clients sur leur développement stratégique, les aident à développer et à transformer leurs activités, et à maximiser leur impact positif.

Natixis CIB Asia Pacific propose aux entreprises et aux institutions financières régionales des solutions de financement et de marchés de capitaux sur mesure ainsi qu'un accès aux marchés financiers mondiaux, tout en accompagnant le développement des clients européens et internationaux de Natixis CIB en Asie-Pacifique.



Poste et missions


Job Description Summary

Trade Finance middle office role of monitoring and controlling transactional collaterals, performing mark-to-market valuations and daily co-ordination & communication with front office and clients on approval of transactions, stocks position, limit excesses, cash earmarking etc.

Main Responsibilities:

Transaction check

* Vet all applications for trade finance transactions submitted by the Global Trade clients.
* Match clients' applications against Credit Approval to ensure compliance and limit adherence.
* Create transaction monitoring spreadsheet for each client and perform daily update of monitoring.
* Prepare transaction approval to Business Line for sign-off and, if there are deviations from the Credit Approval, to list down such deviations to relevant parties for approval.
* Monitor client and bank limits and country cap exposure.

Monitoring

* Monitor and control transactional collaterals such as cash and stock to ensure adequacy of collateral coverage in accordance with the conditions stated in Credit Approval.
* Monitor the submission of export LCs and check on the status of export leg whenever there is an extension or rollover of loan.
* Perform mark-to-market valuations as per requirements stated in the Credit Approval for transactions with price risk due to price mismatched, unsold or in storage.
* Prompt monitoring and reporting of:
* Any collateral shortfalls from LTV breaches and follow-up with Front Office on the necessary actions taken.
* Any limit or sub-limit excesses for appropriate Front Office’s action.
* Past Due exposures (i.e. amounts overdue for payments) and follow-up with Front Office for remedy and approvals.
* Review & Follow-up on Rectification Dates and Conditions for Technical Waivers.

Other job functions

* Daily co-ordination and communication with Front Office and clients on approval for trade finance transactions, stocks position, release of stocks, warrants, warehouse receipts and/or other shipping documents, follow up on shipment details and submission of transactional collaterals etc.
* Daily co-ordination and communication with Trade Finance Back Office and other operations teams on transactions approval, limits excesses, cash earmarking, cash pledge deposits, take in good funds and transactional collateral releases etc.
* Perform quarterly collateral valuation and input of collaterals into Loan IQ.
* Ensure that AML checks, vessel search and KYC verification, where applicable, are duly performed on transactions before authorizing back office to proceed with the transaction.
* Extract and download commodity prices from price reference sources daily.
* Support in projects and any other job duties as and when assigned by the Team Head and Head, Trade Finance.

Required Skills:

* Sound knowledge on Trade Finance products and processes, with working experience in Middle or Back Office.
* Good communication skills.
* Good team work.