TMU Specialist

Our client, a leading player in the corporate banking industry, is seeking a TMU Specialist to join their team. If you have a passion for trade finance, operational execution, and risk mitigation, this could be the perfect opportunity for you

Job Description:

To ensure all specialist trade deals meet transactional requirements aligned to the product specific frameworks/standards, and monitor the trade life cycle to ensure contractual obligations are met and risk is managed.

Key Responsibilities:

• Assist the Trade Finance Transaction Manager with operational execution and management of TPS group-originated trade finance deals.
• Prepare and analyze Management Information Systems (MIS) reports, identifying trends and income discrepancies.
• Ensure that revenue and premiums are recovered and penalties for partial or late payments are processed accurately.
• Conduct daily reconciliations of cash cover, collateral, call, and margin accounts.
• Monitor compliance with internal controls and ensure adherence to legal agreements, CP documents, and risk protocols.
• Coordinate the operationalization and drawdown of transactions, ensuring deals are in line with approval conditions.
• Foster and manage relationships with both internal and external stakeholders, addressing queries and providing operational support.

Qualifications:

• Minimum: CDCS or similar Trade qualification.
• Preferred: BComm or equivalent tertiary-level education.

Experience Required:

• 3-4 years' experience in Corporate Banking, with expertise in Trade Services (including Risk Participation, Trade Loans, Exchange Control, and Escrow Accounts).
• 3-4 years' experience in Investment Banking Operations, with specific knowledge of TMU, Trade Loans, and Commodity Finance.

Behavioral Competencies:

• Team Working: Collaborate effectively across teams and business units.
• Analysing Solutions: Identify and solve problems efficiently and independently.
• Embracing Change: Adapt to fast-paced and changing environments, managing stress effectively.

Technical Competencies:

• Product Knowledge: Expertise in Risk Participation, Back-to-Backs, Open Account Trade Finance, and Escrow Services.
• Effective Business Communication: Mastery in communicating ideas clearly and concisely to different audiences.
• Continuous Process Improvement: Ability to review and improve processes continuously to optimize performance.
• Controls: Ability to design and implement controls to mitigate risks.
• Microsoft Office Suite: Advanced proficiency in Word, Excel, PowerPoint, and Outlook.

Leadership Competencies:

• Growing Capability: Identify training needs and support development efforts.
• Holding People Accountable: Ensure internal stakeholders adhere to processes, escalating issues as necessary.