Our client, a first-level financial institution, is looking for a Middle Office Associate with experience in Trade Finance (guarantees, letters of credit) with fluent levels of Spanish, English, and very valuable German. Preferably located in Frankfurt. As a Middle Office Associate, you will be responsible for managing, monitoring, and controlling trade transactions such as direct and indirect guarantees, SBLCs, and import and export letters of credit booked in the Frankfurt Branch.
We need someone like you to help us in different aspects including:
Administration and control of all trade transactions booked in the Frankfurt Branch.Checking contracts and collecting the right authorizations (legal, risk, compliance/financial crime, authorized signatures, etc).Preparation of closing Memo and filing of all the applicable documentation.Control of any applicable Precedent Conditions (Cps) in our transactions to start operations.Support the operations' workflow for both current and new products (e.g. trade).Monitoring and reporting of customers' risk positions, follow-up billing process, and/or any reconciliation items related to.Support the implementation of Frankfurt's key strategic initiatives affecting these product families. EXPERIENCE 5+ years of experience in Trade and Working Capital Solutions.Previous experience in a product sales team, middle-office, or back-office will be considered a plus. EDUCATION University degree in Economics/Business Administration or equivalent. SKILLS & KNOWLEDGE Conversant with financial trade and receivables contracts as well as economic terms of the transactions.High level of German, Spanish, and English.Advanced knowledge of Microsoft Office Suite.
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