Middle Office Associate Trade Finance

hace 5 meses

Madrid, España Winning A tiempo completo

Our client, a First level financial institution, is looking for a Middle Office Associate with experience in Trade Finance (guarantees, letters of credit) with fluent level of Spanish, English and very valuable German. **Preferably located in Frankfurt.**

As a ,**Middle Office Associate, **you will be responsable for managing, monitoring and controlling trade transactions such as direct and indirect guarantees, SBLCs, import and export letters of credit booked in the **_Frankfurt Branch_**.

We need someone like you to help us in different aspects including:

- 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, etc).
- Preparation of closing Memo and filing of all the applicable documentation.
- Control of any applicable Precedent Conditions (Cps) in our transactions to start operations.
- Support the operations´ workflow for both current and new products (e.g. trade).
- Monitoring and reporting of customers risks position, follow-up billing process and/or any reconciliation items related to.
- Support the implementation of Frankfurt’s key strategic initiatives affecting these products family

EXPERIENCE
- 5+ years of experience in Trade and Working Capital Solutions.
- Previous experience in a product sales team, middle-office or back-office will be considered as a plus.

EDUCATION
- University degree in Economics/ Business Administration or equivalent

SKILLS &, KNOWLEDGE
- 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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