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Team Head Account Officers, 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

2021-62229  

Update date

24/11/2021

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

Team Head Account Officers, Global Commodity Finance

Contract type

Permanent Contract

Job summary

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


Management responsibilities

  • Lead and manage Account Officer team-members for achievement of set goals.
  • Review, recommend or reject daily transactions.
  • Ensure strict adherence to applicable rules, regulations, procedures & controls.
  • Keep the portfolio free of credit or compliance incidents.
  • Contribute to the optimization of modus operandi.
  • Participate actively to the digitalization efforts of the activities.
  • Foster strong dialogue and coordination with internal stakeholders.
  • Keep Management fully informed on all matters (credit, compliance, operational, etc.) which can have an impact on the portfolio.

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, price risk, credit risk, documentary risk, compliance risk, etc.
  • Review 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

  • Ensure good utilisation of the credit facilities within the approved parameters.
  • 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.
  • Suggest amendments to the framework / set-up of credit facilities.

 

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 field

Level of minimal experience

11 years and more