Position Overview & Specifications
End Date
Tuesday 27 June 2023
Salary Range
Β£0 - Β£0
Agile Working Options Hybrid Working Job Description Summary See Below Job Description JOB TITLE: Associate - Corporate Trade and Working Capital Sales
LOCATION: London
HOURS: Full Time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. We're currently seeking an Associate to join our team working within the Structuring, Transaction Execution and Management (STEM) function Within Corporate Trade and Working Capital Sales. This is an outstanding opportunity to support a portfolio of clients as well as managing the sales process for non-allocated portfolio clients. About this opportunity! Corporate & Institutional Banking (CIB) is an origination and coverage business operating across the UK and North America. The business leads with a sector and relationship focus. It maintains UK regional delivery through hubs in London, Birmingham, Bristol, Edinburgh, Leeds and Manchester. The Corporate Trade and Working Capital (CTWC) sales team is a cross-sector product team providing our CIB clients with working capital solutions across traditional trade, open account (including receivables, payables, invoice finance and asset backed lending), structured trade and commodity finance and asset finance. This role provides the connectivity from our client through to CIC Coverage, Trade Sales, Trade Product and ultimately to Trade Services. Your accountabilities will include:
Agile Working Options Hybrid Working Job Description Summary See Below Job Description JOB TITLE: Associate - Corporate Trade and Working Capital Sales
LOCATION: London
HOURS: Full Time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. We're currently seeking an Associate to join our team working within the Structuring, Transaction Execution and Management (STEM) function Within Corporate Trade and Working Capital Sales. This is an outstanding opportunity to support a portfolio of clients as well as managing the sales process for non-allocated portfolio clients. About this opportunity! Corporate & Institutional Banking (CIB) is an origination and coverage business operating across the UK and North America. The business leads with a sector and relationship focus. It maintains UK regional delivery through hubs in London, Birmingham, Bristol, Edinburgh, Leeds and Manchester. The Corporate Trade and Working Capital (CTWC) sales team is a cross-sector product team providing our CIB clients with working capital solutions across traditional trade, open account (including receivables, payables, invoice finance and asset backed lending), structured trade and commodity finance and asset finance. This role provides the connectivity from our client through to CIC Coverage, Trade Sales, Trade Product and ultimately to Trade Services. Your accountabilities will include:
- Management of flow and new issuance transactions (including transaction pricing) for clients.
- Support with the execution of opportunities across a portfolio of clients.
- Support credit processes (both renewals and new business) across all trade products.
- Engagement of trade operations, lending execution and internal / external legal for deals as the need arises.
- Develop and maintaining an understanding of our product sets including but not limited to traditional trade, open account (including receivables, payables, invoice finance and asset backed lending), structured trade and commodity finance and asset finance.
- Shadowing deals from origination to mandated stage, and taking ownership of deals from execution phase through to completion.
- Reviewing MI and working with Coverage, Trade Services and the Client on income variances to resolve with all parties.
- Ensuring invoicing and fees are collected and managing client escalations in this respect.
- Ensuring all reporting is complete and accurate including OneView, Disco, EPC and OneMI alongside other reporting tools.
- Active contribution to Conduct Risk Compliance β pulling together documents, checklists and ensuring 100% compliance.
- Technical understanding of Trade and Working Capital products
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 28 daysβ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies