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Moteur de recherche d'offres d'emploi Crédit Agricole CIB

Trainee Officer - Global Commodity Finance


Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2021-59994  

Update date

01/09/2021

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

Trainee Officer - Global Commodity Finance

Contract type

Internship/Trainee

Job summary

Transactional Commodity Finance (TCF) is a product line that belongs to Global Commodity Finance (GCF), itself part of International Trade and Transaction Banking (ITB). The main goal of ITB is to support Corporate and Financial Institution clients with the management of their international trade and transaction banking needs.

GCF-TCF provides short to medium term transactional trade facilities and financings to CACIB's clients whose activities essentially relate to the commodity sector: oil&gas, metals&mining, agri products.

Reporting to the Head of GCF Singapore, the Account Officers’ Team is in charge of the day-to-day activities related to the portfolio, independently reviews new transactions and raises deal summary for internal approval, ensures a close monitoring of the collaterals and risks, provides up-dates on transactions financed by CACIB throughout their lifecycle till ultimate repayment.

Significant portion of the portfolio would require strong level in Mandarin to conduct market due diligence and to liaise with clients.

Main Duties:

Preparation of daily transactions:

  • Assess clients’ proposed transactions versus approvals with identification and information on variances and advise on mitigating factors in containing the transaction risks/deviations.

  • Perform due diligence on the counterparties involved such as performance risk, credit risk, documentary risk, compliance risk, etc.

  • Prepare a transaction summary for approval, LGDs, overall client position and summary of outstanding, inventory follow-up report if necessary.

  • Obtain non-objection from other Departments / Authorities as and when required.

Collateral risk management, monitoring on client’s position, documentation handling:

  • Update client’s position and follow through the life of the transaction (loading dates, receipt / release of title documents, receipt of export instruments, checking export LCs) with identification and information on variances.

  • Perform collateral risk management ensuring that at all times there is no collateral shortfall.

  • Up-date the Mark-to-Market position in line with the latest credit approval and monitor the overall cash-balance of clients’ current account.

  • Realize accreditation of new warehouse operators.

  • Prepare and participate to Monthly Portfolio Review and Anomaly Meeting.

  • Prepare notification of receivables, risk cover contracts, RORs, AOPs, tripartite agreements, CMAs/SMAs, Pledge Agreements.

Development of the business dealings:

  • Regular interaction with clients, join Relationship Managers for meeting with the clients as and when required.

  • Actively participate to the structuring of transactions such as inventory financings, short term prepayments, borrowing bases.

Secondary duties:
Comply with all applicable legal, regulatory and internal Compliance requirements

Position location

Geographical area

Asia, Singapore

City

Singapour

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Finance or related degree

Level of minimal experience

0-2 years