Shipping Finance Associate

Michael Page; City Of London; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Shipping Finance Associate to join their dynamic team in the City of London. This role offers an exciting opportunity to assist in managing client relationships, preparing commercial proposals, and collaborating with various departments to maximize client returns. The ideal candidate will have 3 to 5 years of banking experience, strong numerical skills, and a collaborative mindset. Join a friendly culture that values progression and teamwork, and be part of a growing franchise within a European Corporate and Investment Bank.

Qualifications

• 3 to 5 years of experience in banking within a lending team.
• Strong numerical skills and proficiency in Excel.

Responsibilities

• Assist Directors in identifying potential new clients and expanding business.
• Prepare marketing materials and commercial proposals for internal approval.

Skills

Banking experience

Client relationship management

Numerical skills

Excel proficiency

Communication skills

Education

Degree-level education

Job description

• Established team/franchise that is continuing to grow
• Friendly culture and excellent progression opportunities

About Our Client

City of London based European Corporate and Investment Bank

Job Description

Shipping Finance Associate

Main Responsibilities of the Role:
The primary objective is to assist the Team's Directors in identifying potential new clients and expanding business with existing clients by exploring new opportunities and generating ideas. Key duties include:

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  Supporting the ongoing management of client relationships, identifying potential new clients, and assessing risk.
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  Preparing marketing materials, pitch books, and related documents.
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  Structuring and pricing new loan facilities and preparing indicative term sheets for approval by senior management.
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  Preparing commercial proposals for submission to internal approval authorities, including calculating returns using the Bank's internal risk models.
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  Coordinating with internal departments, such as Financial Markets, Capital Markets & Advisory, Transaction Services, Loan Distribution Group, and Sustainability, to ensure that clients have access to the full range of bank products and that returns are maximized.
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  Collaborating with other Shipping Finance teams at the bank, including those in Amsterdam, Frankfurt, New York, and Singapore, to share best practices.
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  Creating internal and external presentations, as well as supporting research material.

The Successful Applicant

Financial Services

Essential:

• 3 to 5 years of experience in banking within a lending team.
• A collaborative and inclusive team player with proven ability to work across various business lines.
• Self-motivated with a strong work ethic, capable of thriving in a deal-oriented, deadline-driven environment, and able to manage multiple tasks effectively.
• Strong numerical skills, proficiency in Excel, an inquisitive mindset, and excellent communication skills (both written and verbal).
• A degree-level education with a solid understanding of accounting principles to interpret financial statements and create forward-looking financial projections, including P&L, balance sheet, and cash flow statements.

Desirable:

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  Knowledge of the shipping industry and a strong interest in macroeconomics.
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  CFA Level I or higher.

What's on Offer

Shipping Finance Associate

Established team/franchise that is continuing to grow
Friendly culture and excellent progression opportunities