Analyst - Transaction Reporting Unit

Undisclosed; Greater London; On-site; GBP 70,000 - 110,000; Full time

Job summary

Undisclosed in London is seeking two Managers to join the Transaction Reporting Unit. You will support the effective operational delivery of the TMU by promoting best practice and ensuring consistent adherence to established policies and processes.

You’ll ensure that credit, market, and price risks are identified, monitored, and managed appropriately while driving the Collateral Management System through its daily use.

Qualifications

• Knowledge of Trade Finance.
• Understanding of regulatory frameworks and compliance requirements.
• Ability to build networks and collaborate with others.
• Excellent written and verbal communication skills.
• Strong time management and organisational skills.

Responsibilities

• Monitor liabilities and collateral under secured CTF facilities.
• Assess the quality, value and acceptability of collateral per facility terms.
• Maintain clear positions detailing customer exposure, collateral and transactions.
• Collect, collate and review drawdown information required to process client transactions.
• Monitor and control in-flight transactions to identify irregular activity with risk-based oversight.
• Assist in the production and execution of CTF facilities and transactional documentation.

Skills

Knowledge of Trade Finance

Regulatory & compliance understanding

Networking & collaboration

Communication skills

Time management

Job description

One of our clients, a Tier one bank, is currently searching for two Managers to join their Transaction Reporting Unit in London. Within this role you would be responsible for supporting the effective operational delivery of the TMU function by promoting best practice and ensuring consistent adherence to established policies and processes.

You’ll ensure that credit, market, and price risks are identified, monitored, and managed appropriately. You will also play an active role in implementing and embedding the Collateral Management System by driving its effective day-to-day use.

Responsibilities

• Monitor liabilities and collateral under secured CTF facilities
• Assess the quality, value and acceptability of collateral provided, in line with the approved facility parameters and the control of movement and disposal of collateral as required under the facility terms
• Maintain clear and accurate positions detailing customer exposure, collateral and outstanding transactions ensuring they are allocated in accordance with the approved facility terms
• Collect, collate and review drawdown information required to process client transactions
• Monitor and control in-flight transactions to identify and respond promptly to irregular activity, applying risk-based oversight with a focus on high-risk indicators
• Assist in the production and execution of CTF facilities and transactional documentation

Experience Required

• Knowledge of Trade Finance
• A comprehensive understanding of the regulatory frameworks and compliance requirements
• Proven ability to build effective networks both internally and externally and create opportunities for others to work collaboratively
• Excellent written and verbal communication skills with the ability to share and present information in a clear, concise and accurate way
• Excellent time management, planning and organisation skills