Location: Shanghai
This is a new challenging role with a tier-one European bank with more than 100 years of history in China and a growing presence in Asia. This bank continued to earn profit amidst the previous financial crisis and is expanding extensively in China.
Key Responsibilities:
Daily admin and independent control of required collateral that arises out of transactional financing for commodity customers such as the flow of negotiable instruments, title documents or securities and coordinates with Customers, RM, Credit Officers and other operating units.
Responsible for overseeing the monitoring and reconciliation of the daily position of the required collateral, including daily updates of mark to market valuations of commodity prices.
All requests for transactional utilization such as loans, LCs, SBLCs, guarantees as well as all payments from current accounts must be pre-approved and checked against credit approvals and deviations/excesses/shortfalls highlighted as applicable for further approval.
Ensures the physical safekeeping of all title documents and security and administers the safe custody of these documents.
Oversees the handling of regular activities of secured financing under Borrowing Base requirements. Each Borrowing Base must be detailed and monitored to ensure specific requirements are met by the Customer pursuant to the Credit Agreement
Manage a significant portfolio of facilities protecting the Banks exposure to risk through the constant monitoring of credit facilities and valuation of collateral
Approval of and ongoing monitoring of transactions to ensure they remain within agreed credit parameters as approved / recommended by credit team and ensure that proper notification to (risk) management of deviations and deterioration takes place
Regular liaison with traffic / financial / trading contacts of our clients and intermediaries / counter-parties such as warehouses / surveyors / forwarders / insurance companies etc.
Key Requirements:
Bachelor degree or above
Banking experience with business coverage lending and trade financing products, commodity industry preffered
Team player, good communicator, and quick learner
Good analytical ability and paying attention to details
Strong interpersonal and communicative skills
Fluent English both oral and written
Be able to work under pressure and carry out the job duties independently
If you would like to apply for this role or find out more, please apply online or contact Debbie Zhao at Robert Walters on +86 21 5153 5882 or sha.banking@robertwalters.com.cn quoting the Job Reference SH00/DZH/112559.