Description
Job Purpose
Risk and Documentation manager, Trade Finance, Banking, London.
This role is a risk management role, actively managing live transactions and assisting with documentation. The deal flow has an underlying Trade Finance structure, each deal being originated, purchased and/or sold between the Bank and other Financial Institutions, requiring an understanding of various Trade Finance instruments/forfaiting practices and relevant market procedures and documentation for both purchase and selling down.
- To be an integral part of the Trade Finance - Specialist Risk Unit (TFSRU) supporting the transactions concluded by the Global Trade Asset Distribution and FI Trade Sales team.
- Role will be to assist the Manager of the Documentation Middle Office; covering GTAD and FI Trade activity
- To have knowledge of Trade instruments eg Letters of Credit
- To have a full understanding of how drawdowns take place and the difference between rate fixing for loans and discounting transactions.
- LC documentation experience required.
Candidates ideally will have an understanding of:
- Master Risk Participation agreement
- Familiar with Promissory notes/Bills of exchange
- Letters of credit
- Understand how rate fixings work
- Understand risk and controls in Trade Finance
- Letters of Assignment
If you have the above please do not hestitate ins ending your CV
Project Partners is part of Hydrogen Group.