Commodity Finance Associate

Recruiter
MW Recruitment Ltd
Location
London (Greater)
Salary
£50,000
Posted
07 Nov 2017
Closes
15 Nov 2017
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
An overseas bank wish to recruit within commodity finance team supportingrelationship managers, the main focus will be dealing with day to day customer enquiries, including processing/checking of payments, account movements, documentary collections and facility monitoring.

Overview:

Minimising the bank's exposure by maintaining a database to monitor compliance of existing covenants and status of transactions in conjunction with Collateral Valuation.

Process client instructions against agreed facility limits and bank procedures ensuring these are completed within the agreed timescales and to the highest service level.

Produce/review daily and monthly portfolio positions as well as the monitoring and maintenance of all related MI databases and daily distribution of movements across the team.

Process collections, check collateral positions, confirm that documentation is compliant with agreed facility and guidelines and maintain desktop control schedules.

Experience:

Commodity/Trade Finance background.

Experience of transaction collateral management, documentary credits, collections, reimbursements and related products.

Working closely with sales/relationship managers