Assistant Vice President, Trade Finance Middle Office in City of Westminster
Assistant Vice President, Trade Finance Middle Office

Assistant Vice President, Trade Finance Middle Office in City of Westminster

City of Westminster Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Monitor exposures, manage collateral values, and support smooth deal processing.
  • Company: Join a leading financial institution with a focus on trade finance.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Why this job: Be part of a crucial team that impacts trade finance operations daily.
  • Qualifications: Experience in trade finance control, strong Excel skills, and excellent communication.
  • Other info: Opportunity for growth in a fast-paced, collaborative setting.

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

Assist with the monitoring of exposures and collateral values to ensure ratios remain within approved limits and sub-limits where applicable. Assist with maintenance, creation and setup of all necessary controls and administrative duties required for facility and day-to-day operation, including the operational aspects of the collateral management system TRAC.

Responsibilities

  • Perform reviews of term sheets, credit applications (Ringi's) and facility documentation to ensure workability and support smooth deal processing when necessary without unnecessary delays.
  • Creation and maintenance of facilities and limits in TRAC, OVS and databases.
  • Review client drawdown requests to ensure that transactions are in accordance with the terms of the approved facilities.
  • Provide administrative support for all products related to commodity and non-commodity (CSTF & ETBO) if/when required.
  • Take responsibility for daily liaison with respective stakeholders such as clients, relationship managers and product/operational units.
  • Monitor and control on a daily basis of the exposures handled by the Trade Finance Middle Office under the present facility portfolio.
  • Monitor inward communications and prioritise according to the importance of subject matter with an emphasis on client centricity.
  • Become familiar with individual processes and business flows for each different client to support client experience and knowledge level up to new or additional TFMO members.
  • Provide technical and operational assistance to all stakeholders including clients, Relationship Managers, branches and operational units within EMEA.
  • Monitor balances between the bank's accounting system and exposure management tools for all allocated or monitored limits in order to retain an accurate record of exposure.
  • Ensure that reporting obtained from the Jasper system correctly reflects the exposure relative to the facilities under the control and management of TFMO, and that reconciliation periods align TRAC with the bank's accounting system OVS.

Qualifications / Essential Skills

  • Substantial experience in a Trade Finance related control environment (essential).
  • Previous experience of working within a control function with a Trade Finance focus (essential).
  • Good Excel skills; minimum GSE (or equivalent) in core academic subjects (preferred).
  • A Level (or equivalent) preferred.
  • Additional language skills advantageous.
  • Excellent communication skills.
  • A proactive, motivated approach; ability to operate with urgency and prioritise work.
  • A structured and logical approach to work; strong problem solving skills.
  • A creative and innovative approach to work; excellent attention to detail and accuracy; strong numerical skills.

Assistant Vice President, Trade Finance Middle Office in City of Westminster employer: Mitsubishi UFJ Financial Group

As an Assistant Vice President in the Trade Finance Middle Office, you will thrive in a dynamic and supportive environment that prioritises employee growth and development. Our company fosters a collaborative work culture where innovation is encouraged, and we offer comprehensive benefits to ensure a healthy work-life balance. Located in a vibrant area, we provide unique opportunities for professional advancement while maintaining a strong focus on client-centricity and operational excellence.
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Contact Detail:

Mitsubishi UFJ Financial Group Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Assistant Vice President, Trade Finance Middle Office in City of Westminster

✨Tip Number 1

Network like a pro! Reach out to people in the trade finance sector, especially those who work in middle office roles. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of collateral management systems like TRAC. We want you to show off your expertise and how you can contribute to the team right from day one!

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and match your skills in trade finance.

✨Tip Number 4

Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for the team.

We think you need these skills to ace Assistant Vice President, Trade Finance Middle Office in City of Westminster

Trade Finance Knowledge
Collateral Management
Exposure Monitoring
Term Sheet Review
Credit Application Review
Facility Documentation Management
Client Liaison
Administrative Support
Technical Assistance
Excel Skills
Communication Skills
Problem-Solving Skills
Attention to Detail
Numerical Skills
Prioritisation Skills

Some tips for your application 🫑

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your substantial experience in a Trade Finance control environment and any relevant qualifications. We want to see how you fit into our team!

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 proactive approach can benefit us. Don’t forget to mention your excellent communication skills and attention to detail.

Showcase Your Technical Skills: Since good Excel skills are preferred, make sure to mention any relevant experience you have with data management or reporting tools. If you've worked with systems like TRAC or OVS, let us know – we love seeing that kind of expertise!

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 at StudySmarter!

How to prepare for a job interview at Mitsubishi UFJ Financial Group

✨Know Your Trade Finance Inside Out

Make sure you brush up on your knowledge of trade finance, especially the control environment. Familiarise yourself with terms like collateral management and exposure monitoring, as these will likely come up in conversation. Being able to discuss your previous experiences in this area will show that you're not just a good fit, but that you truly understand the role.

✨Excel Skills Are Key

Since good Excel skills are essential for this position, be prepared to discuss your proficiency. You might even want to practice some common functions or scenarios that could come up in the job. If you can demonstrate your ability to handle data effectively, it’ll give you a leg up in the interview.

✨Client Centricity is Crucial

This role emphasises client relationships, so think about examples from your past where you've successfully managed client expectations or improved their experience. Be ready to share how you prioritised tasks based on client needs, as this will highlight your proactive approach and understanding of client-centric operations.

✨Show Off Your Problem-Solving Skills

Prepare to discuss specific challenges you've faced in previous roles and how you tackled them. This could involve anything from resolving discrepancies in financial records to streamlining processes. Highlighting your structured and logical approach to problem-solving will resonate well with the interviewers.

Assistant Vice President, Trade Finance Middle Office in City of Westminster
Mitsubishi UFJ Financial Group
Location: City of Westminster
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  • Assistant Vice President, Trade Finance Middle Office in City of Westminster

    City of Westminster
    Full-Time
    36000 - 60000 Β£ / year (est.)
  • M

    Mitsubishi UFJ Financial Group

    10000+
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