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.

Reporting to the Head of Account Officers, 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.

Main responsibilities

Preparation of daily transactions

• Assess clients’ proposed transactions versus existing credit approvals with identification and information on variances and advise on mitigating factors in containing the transaction risks/deviations.
• Perform due diligence on the transactions features and counterparties involved to identify risks 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.
• Update 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 assignment of receivables, risk cover contracts, RORs, AOPs.

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.

Minimally a bachelor's in business with a specialization in Banking and Finance, or any other relevant degrees.

• At least 7 to 8 years of relevant experience in a middle office within a commodity bank set-up.
• Significant portion of the portfolio would require strong level in Mandarin to conduct market due diligence and to liaise with clients.
• Effective communicator and collaborative team player with strong client service orientation.
• Excellent commination skills both written and verbally, being comfortable interacting with all levels of seniority and with clients.