Lead Product Strategist: Structured Trade Finance

Turning Point HR Solutions Ltd.; Riyadh; In loco; SAR 200.880 - 279.000; Tempo pieno

Descrizione del lavoro

Turning Point HR Solutions is hiring a Product Specialist in Structured Trade Finance in the Riyadh Region, Saudi Arabia. The role involves developing structured trade finance products, including off-balance sheet solutions for receivables and inventory. Candidates should have 5-10 years of experience in structured trade products and strong communication skills in English. The work involves business development for trade finance products and training Relationship Managers in identifying opportunities.

Competenze

• 5-10 years in structured trade products.
• Experience in business development for trade finance products.
• Preferably experience in GCC region.

Mansioni

• Develop structured trade finance products including off-balance sheet solutions.
• Develop new trade finance products through cross-department collaboration.
• Prepare product programs for internal approval.

Conoscenze

Structured trade finance products development

Business development for trade finance

Excellent communication skills in English

People management capabilities

Negotiation skills

Formazione

University Degree in Banking and Finance

Descrizione del lavoro

Product Specialist – Structured Trade Finance

Develop structured trade finance products, including off-balance sheet solutions for Receivables and Inventory
Develop new trade finance products through working closely with relationship management, legal, compliance, operations, risk, financial control etc to complete the new product approval to achieve overall business target
Develop solutions for financing of receivables on a non-recourse basis. Such solutions to include a range of scenarios from a full assignment to a “silent” purchase
Develop factoring and forfaiting products
Develop expertise on various credit insurance covers that are available and develop products for financing of receivables with such cover
Develop inventory financing solutions tailored to each client that would enable clients to finance the inventory without including in the balance sheet
Prepare / write product program for each of the new products for necessary internal approval, setting out standardized approach to various product parameters, including pricing, risk criteria, exposure level, target market, approval process, etc.
Provide advisory services to the client in coordination with the Relationship Management in structuring of complex trade finance products
Identify target market for each product and train the Relationship Managers in identification of opportunities
Preparing reporting system for such products, working closely with IT, Operations, Financial Control etc,
Maintain / monitor MIS on the utilization of such products, outstanding volumes, profitability etc
Maintain up to date awareness of competitor activity, market trends and market knowledge economic/political factors that affect the market
Work on any other assignment that may be assigned by the line manager from time to time.

5-10 years in structured trade products
Experience in business development for trade finance products
Holder of University Degree, preferably in the field of banking and finance
Preferably experience in GCC region
Sound people management capabilities are required, along with excellent communication skills in English
Result driven, hands on, dynamic with ability to work under sales oriented environment
Should have strong interpersonal, communication and presentation skills and should be a good negotiator

About The Company

Turning Point HR Solutions was established in 2005 and provides HR Software, consultancy and recruitment solutions in Europe and the Middle East.

Fundamental to our service offering is the range of software solutions that we have developed to assist with most functions that the HR professional must manage.

Our recruitment services are specifically designed to assist companies in the Middle East where we have a diverse client base.

We are currently representing a global financial organisation based in Bahrain and are recruiting for over 40 roles.

If you are a GCC or KSA national and looking to pursue a career in finance, or have skills that would be suitable for any of our vacancies, we would love to hear from you.