Trade Finance Specialist - Frankfurt am Main, Deutschland - May Business Consulting

Beschreibung

Hello


About MBC
May Business Consulting is an international consulting company that offers advice on digital transformation, change management, efficiency and control. We have a completely customer-centric approach, we are 100% involved in a proactive way to maximize our added value. Our business model allows us to efficiently help our clients to improve service levels and reduce costs.

We are located in Spain and the United Kingdom, and we work on international projects with financial institutions, banks, fintechs and startups.

We are currently in a moment of expansion and growth, which is why we would like to increase our area of consultants.

About the profile
We are looking for a
Trade Finance Specialist to join one of our clients from the banking sector. The position in based in Frankfurt (Germany).

As a
Middle Office Associate, you will do the administration, monitoring and control of trade transactions such as direct and indirect guarantees, import and export letters of credit booked in the Frankfurt Branch.

Tasks

• Administration and control of all trade transactions booked in the Frankfurt Branch.
• Checking contracts and collecting right authorizations (legal, risk, compliance / financial crime, authorized signatures...).
• Preparation of closing Memo and filing of all the applicable documentation.
• Control of any applicable Precedent Conditions (Cps) in the transactions to start operations.
• Support the operations' workflow for both current and new products (e.g. trade).
• Monitoring and reporting of customers risks position, followup billing process and/or any reconciliation items related to.
• Support the implementation of Frankfurt's key strategic initiatives affecting these products family.

About you
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5+ years of experience in Trade / Working Capital Solutions, knowledge of guarantees and Letters of Credit to perform MO functions.

• Previous experience in a product sales team, middleoffice or backoffice will be considered as a plus.
• University degree in Economics/ Business Administration or equivalent
• Conversant with financial trade and receivables contracts as well as economic terms of the transactions.

-
High level of German, Spanish and English.

• Advanced knowledge of Microsoft Suite Office.

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Availability to live in Frankfurt and work in a hybrid mode.
**Employment contract directly with the client.