Trade Finance Specialist
London/Hybrid
6 months
Day rate 500 via Umbrella Company
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My client is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through its subsidiaries and affiliates, they offer a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services.
They are seeking an experience Trade Finance Specialist to join the team on an initial 6 month contract with the potential for extension. The role is hybrid working being in the office 2-3 days a week with the remainder of time working from home. Standard office hours Monday to Friday with the occasional out of hours requirement in line with business needs.
Purpose of the Job
- The role is within the product development & governance team of GTFD including to provide support on marketing activities, structuring of new business, execution of transactions in line the organisations Transaction Banking Strategy and GTFD's objectives
- Working closely with other stakeholders across EMEA, including GTFD sales, GTBD team (plus other coverage teams), middle and back officer in EMEA relating to Trade and Cash initiatives.
- The role requires all type of trade finance and transaction banking product knowledge including origination & execution skill.
- The role also requires strong communication skills as there are various interfaces both within the wider organisation locally, across EMEA and globally as well as externally including client facing dealing including marketing.
- The role expects the individual will provide product expertise to country and regional sales teams and support implementation of trade finance products to contribute to achievement of revenue and ROE.
- The role will work with other PDG teams and GTFD Sales Team and GTBD team on trade finance product and transaction banking product standardization/ governance and delivery models consistent with the organisations policies and guidelines with coordination and ongoing communication with key internal stakeholders.
Accountabilities/Responsibilities
- Contribution to GTFD/GTBD's Trade and Cash initiatives.
- Implement efficiently EMEA product strategy, based upon knowledge of client needs, the competitive environment, operational & credit risk, technology, compliance, and regulations, under leadership of Head of PDG Commercialisation, Head of PDG and Regional GTFD management.
- Understand and assist in credit modelling to develop appropriate credit modelling for trade finance products (including building LGD, CCF, etc model for submission to CIPD Credit and Planning colleagues internally and, following agreement, presenting to JFSA), product research and development for all trade finance related client needs; collaborate with customers to deliver incremental, breakthrough and transformational innovation particularly around fintech space.
- Assist the implementation of products and channels end-to-end for EMEA. Work closely with operations, transaction management (SPCU) and product sales teams to set up standard operating procedures (SOPs) including process maps, product library, etc.
- Ensure that the EMEA product portfolio view has a strong profitability and capital focus, assisting the business in driving appropriate capital allocations for trade finance products.
- Collaborate with frontline sales and specialist teams for the commercialization of new and existing trade finance products.
- Manage results against the team KPI's.
- Be a strong key stakeholder engagement and teamwork.
- Support the GTFD Sales Team to deliver and execute transactions
Knowledge, Skills, and Experience
- 5 years or more experience in a trade finance business would be an advantage.
- Working knowledge of the products and developments within trade finance products.
- Passion for client; strong "client first" attitude, commercial drive and "hands on" working style.
- Passion for innovation; thorough understanding of new technologies, trade-related IT systems and project management.
- Knowledge of managing product profitability (margins, capital, total cost of ownership). Understanding of the key jurisdictional differences across the key trade markets.
- Good communication to promote trade finance business internally and externally.
Candidates must show evidence of the above in their CV to be considered.
Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.
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