At a Glance
- Tasks: Expand trade finance business internationally and manage bank exposures.
- Company: Join a growing banking organisation with a strong London presence.
- Benefits: Enjoy a competitive salary, bonus, and attractive benefits package.
- Why this job: Leverage your expertise in a dynamic role at a leading institution.
- Qualifications: Minimum 5 years in Trade Finance and strong communication skills required.
- Other info: Hybrid working model available; apply now to shape the future of trade finance.
The predicted salary is between 54000 - 126000 £ per year.
Location: London, United Kingdom
Job Category: Other - EU work permit required: Yes
Job Description:
Central London (Hybrid) | Up to £90,000 + Bonus + Benefits
Are you an experienced Trade Finance relationship management and business development professional? Do you have a proven track record working with Middle Eastern banks and a passion for growing trade finance lines of business? If so, we want to hear from you.
We have partnered with a growing banking organisation who have a strong presence in London and are expanding their business.
About the Role
We are seeking a dynamic and driven individual who will play a key part in expanding their trade finance business outside of the bank's domestic country, focusing on the discounting of trade finance instruments, risk participation, and identifying new market counterparties. This is a fantastic opportunity to leverage your expertise, drive business growth, and work with a leading institution in the heart of London.
Key Responsibilities
- Develop and grow trade finance lines of business internationally, including discounting and risk participation with other banks outside the Middle Eastern home country.
- Support the Consultant – Domestic Market's Business Development in expanding trade finance within the Middle Eastern home country.
- Manage and optimise the bank’s exposures, ensuring effective sell-downs and maximising pricing.
- Liaise with confirming banks, particularly LCs ensuring efficient and profitable processes.
- Identify and recommend new business opportunities in line with the bank’s risk appetite and strategy.
- Achieve set budgets and drive increased utilisation of authorised limits.
- Identify and develop relationships with new market counterparties.
- Seek alternative and innovative USD funding solutions.
- Uphold strict confidentiality and compliance with all regulatory and internal policies, including AML, sanctions, and conduct rules.
Experience & Skills Required
- Minimum 5 years’ experience in Trade Finance and FI business development.
- Strong numeracy and communication skills.
What They Offer
- Competitive base salary up to £90,000.
- Attractive benefits package and bonus.
- Opportunity to work with a leading, international team.
Ready to take your career to the next level? Apply now to join a collegiate team and play a pivotal role in shaping the future of their trade finance business. Please submit your CV and cover letter highlighting your relevant experience and language skills. All applications will be handled with the strictest confidence.
Relationship Manager - Trade Finance employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Relationship Manager - Trade Finance
✨Tip Number 1
Network with professionals in the trade finance sector, especially those who have experience with Middle Eastern banks. Attend industry events and seminars to make connections that could lead to referrals or insights about the role.
✨Tip Number 2
Stay updated on the latest trends and developments in trade finance, particularly regarding international markets and risk management. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully developed trade finance lines of business in the past. Highlight your achievements in managing relationships with banks and any innovative funding solutions you've implemented.
✨Tip Number 4
Familiarise yourself with the bank's current trade finance offerings and their strategic goals. Tailor your discussions to show how your skills and experiences align with their objectives, making it clear why you're the right fit for the role.
We think you need these skills to ace Relationship Manager - Trade Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Trade Finance and business development. Focus on your achievements with Middle Eastern banks and any specific projects that demonstrate your ability to grow trade finance lines.
Craft a Compelling Cover Letter: In your cover letter, emphasise your passion for trade finance and your track record of success. Mention how your skills align with the key responsibilities outlined in the job description, particularly in developing international trade finance opportunities.
Highlight Relevant Skills: Clearly showcase your strong numeracy and communication skills in both your CV and cover letter. Provide examples of how these skills have contributed to your success in previous roles, especially in managing bank exposures and liaising with confirming banks.
Follow Application Instructions: Ensure you submit your application through our website, including all required documents. Double-check that your CV and cover letter are tailored to the role and free from errors before hitting 'submit'.
How to prepare for a job interview at JR United Kingdom
✨Showcase Your Trade Finance Expertise
Make sure to highlight your experience in trade finance during the interview. Be prepared to discuss specific projects or deals you've worked on, especially those involving Middle Eastern banks, as this is crucial for the role.
✨Demonstrate Strong Relationship Management Skills
Since the role focuses on developing relationships with new market counterparties, be ready to share examples of how you've successfully built and maintained professional relationships in the past.
✨Prepare for Technical Questions
Expect questions related to trade finance instruments, risk participation, and discounting processes. Brush up on these topics to demonstrate your technical knowledge and problem-solving abilities.
✨Understand the Company's Strategy
Research the bank's current position in the market and their strategic goals. This will allow you to align your answers with their objectives and show that you're genuinely interested in contributing to their growth.