Analyst, Trade Finance Middle Office - CSTF Team

Mitsubishi UFJ Financial Group; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A major financial institution is seeking a candidate for a Trade Finance role in Westminster. Responsibilities include monitoring exposures, performing reviews of term sheets, and providing administrative support related to Trade Finance. Ideal candidates will have experience in a control function and strong Excel skills. The organization considers flexible working requests.

Qualifications

• Experience in a control function with a Trade Finance focus is essential.
• Excellent attention to detail and numerical skills are required.

Responsibilities

• Assist with the monitoring of exposures and collateral values.
• Perform reviews of term sheets and credit applications.
• Provide administrative support for all products related to Trade Finance.

Skills

Experience in a Trade Finance related control environment

Excellent communication skills

Good Excel skills

Education

Minimum GCSE in core academic subjects

A Level or equivalent preferred

Job description

Overview

Assist with the monitoring of exposures and collateral values to ensure ratios remain within approved limits and sub-limits where applicable. Assist with the maintenance, creation and setup of facilities and necessary controls and administrative duties required for facility and day-to-day operation, including the operational aspects of the collateral management system TRAC.

Responsibilities

• With support, perform reviews of term sheets, credit applications [Ringi's] and facility documentation to ensure workability and smooth deal processing when necessary.
• Creation and maintenance of facilities and limits in TRAC, OVS and databases.
• With support, review client drawdown requests to ensure transactions are in accordance with the terms of the approved facilities.
• Primarily provide administrative support for all products related to commodity and non-commodity if/when required.
• Daily liaison with stakeholders such as clients, Relationship Managers, product managers and operational units.
• Under the guidance of more senior team members, monitor and control on a daily basis the exposures handled by the Trade Finance Middle Office under the present facility portfolio.
• Monitor inward communications and prioritise according to importance with an emphasis on client centricity.
• Become familiar with individual processes and business flows for each client to support client experience and knowledge for new or additional TFMO members.
• Provide technical and operational assistance to all stakeholders including clients, Relationship Managers, branches and operational units within EMEA.
• Monitor balances between the bank's accounting system and exposure management tools for all allocated or monitored limits to retain an accurate exposure record.
• Ensure that reporting from the Jasper system correctly reflects exposure relative to the facilities under the control and management of TFMO, and that reconciliation with the TRAC control systems aligns with the bank's accounting system (OVS).

Qualifications & Skills

• Experience in a Trade Finance related control environment. Essential.
• Previous experience of working within a control function with a Trade Finance focus. Essential.
• Good Excel skills. Preferred, with minimum GCSE (or equivalent) in core academic subjects; A Level (or equivalent) preferred. Additional language skills advantageous.
• Personal requirements: Excellent communication skills; proactive and motivated; ability to operate with urgency and prioritise; structured and logical approach; strong problem solving; creative and innovative mindset; excellent attention to detail and numerical skills.

We are open to considering flexible working requests in line with organisational requirements.