General information
Entity
About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North 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 market 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
2022-72313
Update date
01/11/2022
Job description
Business type
Types of Jobs - Corporate & Investment Banking
Job title
Transaction Banking Specialist
Contract type
Permanent Contract
Job summary
Main Responsibility
Primary function is to support Front Office specialists enter Supply Chain Finance (SCF) and Forfaiting transactions with CA CIB New York. The nature of underlying transactions will include bi-lateral arrangements and bank participations, for both Supplier and Receivable Programs. The candidate will be expected to manage purchase traffic, offered during the business day, and complete necessary documents for Back Office to deliver timely settlement.
Functional Tasks
· Initiate and complete Altar requests to establish authorizations for SCF Supplier and Receivable Programs
· Ensure Obligor and non-client Supplier radicals have been KYC’d, as required
· Monitor e-mail traffic and third-party platforms presenting purchase offers for CA CIB New York
· Accept purchase requests via return e-mail or third-party platform protocol.
· Summarize transactional purchase requests and forward documentation to the Back Office for loan processing
· For Receivable Programs, monitor intra-day funds received via USD Payment System, as required
· Perform same-day and next-day reconciliation to validate completeness of Back Office SCF/Forfaiting operations
· Monitor and report to Front / Middle Office management past due activities
· Work with Front Office to ascertain the structure of new Supplier and Receivable Programs
· Take on additional tasks from time to time as reasonably requested by management
Experience
2+ years of experience in an Investment Banking middle office.
Education
BA or BS in Finance or Business.
Other Skills
Strong verbal and writing skills for effective and concise communication
Knowledge of CA CIB New York core systems
Self-motivated individual with problem solving abilities
Exposure to Supply Chain Financing/Forfaiting platforms is a-plus
Salary range: $110,000 - $110,000
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
· BA or BS in Finance or Business
Level of minimal experience
3-5 years
Experience
·2+ years of experience in an Investment Banking middle office
Required skills
· Good interpersonal skills
· Team work
· Have strong work ethic
· Initiatives, dynamism, effectiveness and technical skills in supporting Middle Office activities
Strong verbal and writing skills for effective and concise communication
Knowledge of CA CIB New York core systems
Self-motivated individual with problem solving abilities
Exposure to Supply Chain Financing/Forfaiting platforms is a-plus