At a Glance
- Tasks: Manage lender facilities and ensure effective collateral control in a fast-paced environment.
- Company: Join a global trading firm renowned for excellence in commodity trade finance.
- Benefits: Enjoy hybrid work options, structured training, and exciting projects.
- Why this job: Make a tangible impact while working with global stakeholders in a dynamic team.
- Qualifications: 3+ years in Middle Office STF role; strong Excel skills and collateral management experience required.
- Other info: Travel may be required for site visits.
The predicted salary is between 39000 - 65000 £ per year.
We're working with a global trading firm in London that's on the hunt for an experienced Collateral Management Associate to join their Structured and Trade Finance (STF) team.
This is a key middle-office role where you'll help manage a portfolio of lender facilities, ensure effective collateral control, and play an integral part in the execution of complex trade finance structures - particularly in the Energy and Soft commodities space.
If you're a stickler for detail, thrive in a fast-paced environment, and enjoy translating complex financial data into practical insights, this could be the perfect fit.
Main responsibilities:
- Oversee day-to-day management of structured lending and liquidity facilities, ensuring they remain active and fit for purpose.
- Act as the main point of contact for banks and lenders on facility terms and usage.
- Review and approve drawdown requests and supporting documents including BBLs, invoices, CoOs, and inspection reports.
- Perform daily reconciliations of loan positions and collateral across systems, monitoring exposures, margins, limits and haircuts.
- Manage supplier payables and coordinate funding across bank facilities, focusing on optimisation and cost efficiency.
- Monitor cash forecasting and collateral valuations to support liquidity and risk management.
- Work closely with agency banks to ensure compliance with facility covenants.
- Support in structuring new deals and ensuring legal documentation aligns with credit approvals.
- Identify and resolve collateral-related issues, and contribute to system improvement and UAT testing.
- Travel may be required for warehouse and lender site visits.
Essential experience:
- ~3+ years in a Middle Office STF role within a bank or commodity trading house.
- ~ Deep understanding of Energy and Soft commodity trade finance.
- ~ Skilled in collateral and loan management systems, with hands-on UAT and implementation experience.
- ~ Confident with letters of credit and related documentation.
- ~ Excellent Excel and Microsoft Office skills.
- ~ Highly organised, detail-oriented, and solutions-driven.
- ~ Strong communicator with the ability to work cross-functionally.
Why apply?
You’ll be joining a best-in-class team known for its excellence in commodity trade finance. There’s real variety, autonomy, and scope to make a tangible impact - with access to structured training, exciting projects, and global stakeholders.
If this sounds like your kind of challenge, we’d love to hear from you.
Analyst (Contract, Temporary) employer: FryerMiles
Contact Detail:
FryerMiles Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst (Contract, Temporary)
✨Tip Number 1
Familiarise yourself with the specific collateral management systems and loan management tools mentioned in the job description. Having hands-on experience or knowledge of these systems can set you apart during discussions.
✨Tip Number 2
Network with professionals in the structured trade finance sector, especially those who work in commodity trading. Engaging with industry contacts can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on current trends and developments in the energy and soft commodities markets. Being able to discuss recent changes or challenges in these areas can demonstrate your passion and knowledge during interviews.
✨Tip Number 4
Prepare to showcase your problem-solving skills by thinking of examples where you've successfully resolved collateral-related issues in past roles. This will highlight your ability to handle the responsibilities outlined in the job description.
We think you need these skills to ace Analyst (Contract, Temporary)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in middle office roles, particularly in structured lending and trade finance. Emphasise your skills in collateral management and any specific achievements that demonstrate your attention to detail and ability to thrive in fast-paced environments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the energy and soft commodities sector. Mention your experience with loan management systems and your ability to communicate effectively with banks and lenders. Use specific examples to illustrate how you can contribute to the team.
Highlight Relevant Skills: In your application, be sure to mention your proficiency in Excel and Microsoft Office, as well as your experience with letters of credit and related documentation. These skills are essential for the role and should be clearly stated.
Showcase Problem-Solving Abilities: Demonstrate your solutions-driven mindset by providing examples of how you've identified and resolved collateral-related issues in previous roles. This will show the hiring team that you can contribute to system improvements and handle challenges effectively.
How to prepare for a job interview at FryerMiles
✨Showcase Your Experience
Be prepared to discuss your previous roles in middle office positions, particularly in structured lending and trade finance. Highlight specific examples where you managed collateral or resolved complex issues, as this will demonstrate your hands-on experience.
✨Demonstrate Attention to Detail
Since the role requires a stickler for detail, be ready to provide examples of how you've ensured accuracy in financial data management. Discuss any processes you implemented to improve efficiency or reduce errors in your previous roles.
✨Communicate Effectively
Strong communication skills are essential for this position. Practice articulating complex financial concepts in simple terms, as you may need to explain these to stakeholders who aren't as familiar with the technical details.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to manage cash forecasting or resolve collateral-related issues, and be ready to explain your thought process and the outcomes.