TCS Manager – Distribution
TCS Manager – Distribution

TCS Manager – Distribution

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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BACB plc

At a Glance

  • Tasks: Oversee trade distribution activities and ensure excellent client service.
  • Company: BACB, a UK bank specialising in trade finance for Africa and the Middle East.
  • Benefits: Hybrid working model, competitive salary, and opportunities for professional growth.
  • Why this job: Join a dynamic team making a real impact in trade finance.
  • Qualifications: Experience in trade distribution and strong communication skills required.
  • Other info: Flexible environment with opportunities to build key investor relationships.

The predicted salary is between 36000 - 60000 £ per year.

BACB is a UK bank that offers trade finance and complementary products to clients in specialist markets, especially Africa and the Middle East. We have been helping businesses with trade finance and complementary products for over half a century, focusing on trade flows to and from Africa and the Middle East as well as real estate in the UK. Our in-depth knowledge of the countries and practices where our clients operate ensures that we put them first.

Hybrid Working: 3 days onsite, 2 from home

Location: City of London

Contract Type: Permanent

Job Summary

Acting within the first line of defense in a client-facing team, the job holder will be responsible for ensuring good and timely service to clients, with a focus on Trade Distribution. The job holder has day-to-day responsibility for the oversight of the smooth processing of the Bank’s Trade Distribution activity, which includes all execution and monitoring activities.

Key Work Outputs and Accountabilities

  • The job holder is responsible for overseeing the team’s execution and transaction management services provided in relation to the bank’s trade distribution activities, including:
  • Review of relevant documentation for new/changed arrangements
  • Ensuring procedures in place to execute and monitor all types of distribution arrangements
  • Managing daily tasks including new deals, maturities, releases, amendments and fee payments
  • Approving distribution transactions within authority
  • Ensuring data quality and accuracy of MI, agreeing fee accrual positions with Finance
  • Overseeing rapid processing to ensure both quickness of binding cover and avoiding unnecessary fees for settled transactions.
  • Providing timely reports to investors offering BACB facilities

The job holder is a source of expertise on the various distribution arrangements used, including terms and conditions for claiming, facilities offered, and notifications required. Seeks continuous improvement of the distribution process, including overseeing changes to the Trade Distribution workflow tool. Supervises secondary market purchases from distribution partners, ensuring that these are in line with risk appetite, product parameters and relevant limits; in conjunction with the Director, TCS, confirming that these align with primary activities in terms of due diligence required and overall process. Building key investor relationships, including FIs, insurers, trade finance programmes and brokers. Ensures cross training of TCS staff on the distribution day-to-day tasks for continuity of cover. Supports and/or cover for the wider TCS team where required with remaining tasks within TCS. Supports department governance through input into documented processes and monitoring controls. Escalate issues and provide MI to the Head of TCS. Remain flexible to offer support to the wider GTB team as required, and be prepared to reprioritise according to business needs.

Required Qualifications and Experience

  • Considerable expertise within trade distribution activities, including insurance, trade under MRPA, trade finance programme and related documentation
  • Strong knowledge of trade finance products, in particular LCs, guarantees, collections, bills and loan products.
  • Ability to review documentation to ensure alignment with approvals in place and operational workability
  • Knowledge of syndication and LMA documentation advantageous
  • Understanding of credit, compliance and operations requirements
  • Thorough understanding the risks inherent in trade finance business & how they are mitigated
  • High levels of organisation, coordination, follow-up skills
  • High level of accuracy and attention to detail; Good communication skills (with clients and colleagues)
  • Provide high level of service to internal/external customers
  • Ability to remain calm, work under pressure and meet tight deadlines
  • Ability to maintain integrity, confidentiality and diplomacy under all circumstances

TCS Manager – Distribution employer: BACB plc

BACB is an exceptional employer, offering a dynamic work environment in the heart of the City of London, where employees can thrive in a hybrid working model that promotes work-life balance. With over fifty years of expertise in trade finance, BACB prioritises employee growth through continuous training and development opportunities, fostering a culture of collaboration and innovation. The bank's commitment to client service excellence and its focus on specialist markets in Africa and the Middle East provide employees with meaningful and rewarding experiences, making it a standout choice for those seeking a fulfilling career in finance.
BACB plc

Contact Detail:

BACB plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land TCS Manager – Distribution

Tip Number 1

Network like a pro! Reach out to your connections in the trade finance sector, especially those who know BACB. A friendly chat can sometimes lead to opportunities that aren’t even advertised.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of trade distribution activities. Be ready to discuss your experience with LCs, guarantees, and other trade finance products. Show them you’re the expert they need!

Tip Number 3

Don’t just apply; engage! When you submit your application through our website, follow up with a quick email to express your enthusiasm. It shows initiative and keeps you on their radar.

Tip Number 4

Stay flexible and open-minded. The role might require you to juggle various tasks, so highlight your ability to adapt and support the wider team. They’ll appreciate your willingness to pitch in wherever needed!

We think you need these skills to ace TCS Manager – Distribution

Trade Distribution Expertise
Knowledge of Trade Finance Products
Documentation Review Skills
Understanding of Syndication and LMA Documentation
Credit and Compliance Knowledge
Risk Mitigation Understanding
Organisational Skills
Coordination Skills
Attention to Detail
Communication Skills
Customer Service Skills
Ability to Work Under Pressure
Integrity and Confidentiality
Diplomacy Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the TCS Manager role. Highlight your experience in trade distribution and any relevant qualifications. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about trade finance and how your background makes you a perfect fit for BACB. Keep it engaging and personal – we love a good story!

Showcase Your Attention to Detail: Given the nature of the role, attention to detail is key. Make sure there are no typos or errors in your application. We appreciate candidates who take the time to present their best work!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at BACB plc

Know Your Trade Finance Inside Out

Make sure you brush up on your knowledge of trade finance products, especially letters of credit, guarantees, and collections. Being able to discuss these confidently will show that you understand the core of what BACB does and how you can contribute.

Demonstrate Your Attention to Detail

Since this role requires a high level of accuracy, prepare examples from your past experiences where your attention to detail made a difference. Whether it was reviewing documentation or managing transactions, be ready to share specific instances.

Showcase Your Relationship-Building Skills

Building key investor relationships is crucial for this position. Think of times when you've successfully built rapport with clients or stakeholders. Be prepared to discuss your approach to maintaining those relationships and how you handle challenges.

Be Ready for Scenario-Based Questions

Expect questions that assess your problem-solving skills under pressure. Prepare for scenarios related to trade distribution activities and think about how you would ensure smooth processing while adhering to compliance and operational requirements.

TCS Manager – Distribution
BACB plc
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