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.

Finance or related field