At a Glance
- Tasks: Structure and execute trade finance transactions while optimising processes and supporting client relationships.
- Company: Join a leading financial institution with a focus on trade finance and working capital solutions.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact in trade finance while collaborating with diverse teams and clients.
- Qualifications: Degree in Banking or Finance with 5-7 years of trade finance experience.
- Other info: Fluency in English and Spanish preferred; excellent career growth opportunities await.
The predicted salary is between 36000 - 60000 £ per year.
The GTB UK Business Execution (BEX) team supports the trade finance function by acting as a middle office team. Their key role includes optimizing process flows, collaborating with, and actively supporting the front office (Sales) team, back office team, and relevant stakeholders. By doing so, they enhance efficiency and ensure seamless coordination across trade finance and working capital activities.
About the role:
- Structure and execute trade finance transactions, offering to BBVA clients a wide range of standard trade finance instruments and customized solutions to cover clients' import/export financing needs.
- Manage the full lifecycle of trade finance transactions, from structuring leading to execution of new transactions until termination, including portfolio monitoring, amendments, and negotiations.
- Maintain strong client relationships, providing excellent customer service and commercial management. Act as the primary point of contact for clients on post-trade operational and documentary matters, ensuring smooth transaction processing.
- Participate in transaction structuring and client meetings as required.
- Register bilateral loans and money market withdrawals, manage SCF deals, onboard suppliers, update interest rates, and issue bid offers.
- Liaise with offshore operations teams (HUB) for booking, monitoring, and resolving issues related to funded and unfunded trade finance instruments.
- Support KYC documentation, verify client signatures, and manage the internal and external distribution of all relevant documentation.
- Prepare MIS reports on deals, maturities, and overdue transactions.
- Manage compliance-related activities, including reporting on collections, transfers, and suspicious payments to the Compliance Department.
- Obtain necessary approvals from various departments for GTB transactions, ensuring archiving relevant documentation for audit purposes.
- Contribute to identifying and mitigating operational risks, ensuring adherence to BBVA's policies and procedures.
Qualifications:
- Degree educated in Banking, Finance or other equivalent.
- Solid experience of Trade Finance products in middle office related to working capital products, trade syndications and structured trade products.
- At least 5 to 7 years of experience and in-depth technical knowledge of the funded, unfunded, secondary market TF products.
- Proficient in MS Excel spreadsheet, creating and supporting macros.
- In depth knowledge of Trade Finance booking and monitoring systems.
- Excellent communication, negotiation, problem solving skills.
- Ability to work independently and as part of a team, managing multiple priorities under pressure.
- Fluency in English; Spanish (spoken and written) is highly preferred.
- Knowledge of Google suite products, KOMGO will be an added advantage.
- GTB/Trade Finance training qualifications are highly valued.
The Difference You Will Make:
- Identifying and mitigating operational risks.
- Improving processes and controls.
- Achieving challenging goals through collaboration and negotiation.
- Working effectively under pressure and managing large volumes of information.
Please note that priority will be given to candidates who are eligible to work in the UK.
Trade Finance Structuring & Execution – Senior Associate (BEX team/Middle office) in London employer: BBVA
Contact Detail:
BBVA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Finance Structuring & Execution – Senior Associate (BEX team/Middle office) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the trade finance world, especially those who are already in the BEX team or similar roles. A friendly chat can open doors and give you insider info on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your trade finance knowledge. Be ready to discuss specific products and regulations, as well as how you can enhance process efficiencies. Show them you know your stuff!
✨Tip Number 3
Don’t just apply anywhere; focus on our website! We’ve got the latest openings and applying directly shows your enthusiasm for joining our dynamic team. Plus, it’s easier for us to spot your application!
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple way to stand out and reiterate your interest in the role. Mention something specific from the interview to remind them of your great conversation!
We think you need these skills to ace Trade Finance Structuring & Execution – Senior Associate (BEX team/Middle office) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the specific skills and experiences that match the Trade Finance role. Highlight your knowledge of trade finance products and any relevant experience in middle office functions to catch our eye!
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 our BEX team. Keep it concise but impactful!
Showcase Your Communication Skills: Since this role involves liaising with various teams and clients, make sure to demonstrate your excellent communication skills in your application. Use clear and professional language to convey your ideas.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best 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 BBVA
✨Know Your Trade Finance Inside Out
Make sure you brush up on your knowledge of trade finance products and regulations. Be prepared to discuss specific instruments like L/Cs, guarantees, and SCF solutions. This will show that you understand the role and can hit the ground running.
✨Showcase Your Client Management Skills
Since client relationship management is key in this role, think of examples where you've successfully managed client expectations or resolved issues. Highlight your communication and negotiation skills to demonstrate how you can maintain strong relationships.
✨Demonstrate Your Problem-Solving Abilities
Prepare to discuss scenarios where you've identified operational risks or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your analytical thinking.
✨Be Ready for Technical Questions
Expect questions that test your technical knowledge, especially around transaction structuring and financial management. Brush up on your Excel skills and be ready to discuss how you've used technology to enhance efficiency in previous roles.