Director Trade Finance Senior Credit Officer

Michael Page Banking; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

An exciting opportunity awaits for a Director Trade Finance Senior Credit Officer at a leading UK Corporate Bank in London. This role involves fostering collaboration between risk management teams, reviewing transactions, and implementing best practices in trade finance. The ideal candidate will have a strong credit background, excellent analytical skills, and the ability to lead and mentor a team. Join a dynamic environment committed to professional growth and operational excellence, where your contributions will drive significant impact in trade and working capital management.

Qualifications

• Strong Credit background in Trade Finance across corporates and financial institutions.
• Proven track record in identifying and delivering change.

Responsibilities

• Fostering collaboration between First and Second Line of Defence for risk management.
• Reviewing and signing-off new transactions across trade and structured trade.

Skills

Credit background in Trade Finance

Understanding of credit models (PDs and LGDs)

Operational understanding of Trade & Working Capital Products

Knowledge of market and product trends

Analytical skills

Leadership experience

Effective communication skills

Job description

Director Trade Finance Senior Credit Officer

Exciting opportunity for a Director Trade Finance Senior Credit Officer with a leading UK Corporate Bank in London.

Role Description

Key responsibilities will include:

1. Fostering a collaborative environment between the First Line of Defence (1LOD) and Second Line of Defence (2LOD) by promoting open communication, teamwork, and mutual understanding to enhance risk management practices.
2. Bridging the gap between the two lines of defence by facilitating Credit's ability to support Trade & Working Capital's growth strategy and entrenching a consistent and efficient Credit risk management approach.
3. Reviewing and signing-off new transactions across core trade, open account trade, and structured trade, while supporting the wider Credit team in analysing and assessing transactions. Provide insight into operational processes.
4. Working with Product and Product Risk to ensure the data framework is appropriate, review key trends, connections, and concentrations across the trade portfolio, and provide key recommendations.
5. Introducing and implementing industry best practices to enhance efficiency, compliance, and operational effectiveness across product governance, policy, and operational processes.
6. Representing Credit at Trade product and portfolio governance/approval forums.
7. Creating and delivering training and mentoring programs on Trade and Working Capital to support the development of the wider CIB Credit team's skills and capabilities.
8. Driving projects and improvements by proactively identifying opportunities for enhancement and leading efforts to implement changes.
9. Working in a high-profile, professional, and demanding environment committed to putting people first, being bold, trusting each other, and embracing differences.
10. Line managing direct reports and playing a key role in their career development, coaching colleagues throughout CIB Credit, and helping transition the team into a future risk function.

Profile

What you'll need:

1. A strong Credit background in Trade Finance across corporates and financial institutions, covering core trade, open account (receivables, payables, and inventory finance), and structured trade including trade lending and borrowing base transactions.
2. An understanding of credit models including PDs and LGDs.
3. Good operational understanding of Trade & Working Capital Products.
4. Knowledge of the latest market and product trends, including open account platforms.
5. Proven track record in identifying and delivering change.
6. Sound judgement and decisiveness.
7. Sophisticated financial and non-financial analytical skills and critical analysis skills.
8. Advanced knowledge of documentary terms.
9. Ability to establish strong relationships with various stakeholders.
10. High attention to detail, numeracy, and accuracy.
11. Leadership experience and line management skills.
12. Effective communication skills at all levels, including complex issues and risks, with strong written and verbal abilities.

Job Offer

The package will be excellent.