Auf einen Blick
- Aufgaben: Manage and monitor trade transactions, ensuring compliance and accuracy.
- Arbeitgeber: Join a leading financial institution in Frankfurt specializing in trade finance.
- Mitarbeitervorteile: Enjoy a dynamic work environment with opportunities for professional growth.
- Warum dieser Job: Be part of a collaborative team impacting global trade while developing your skills.
- Gewünschte Qualifikationen: 3-5+ years in Trade Finance; degree in Economics or Business Administration required.
- Andere Informationen: Fluency in German/Spanish and advanced English is essential.
Das voraussichtliche Gehalt liegt zwischen 43200 - 72000 € pro Jahr.
What You Will Be Doing
As a Middle Office Associate, you will do the administration, monitoring and control of trade transactions such as direct and indirect guarantees, SBLCs, import and export letters of credit booked in the Frankfurt Branch. We need someone like you to help us in different fronts:
- Cooperation with front office and back office with direct client contact
- Administration and control of all trade transactions booked in the Frankfurt Branch: checking contracts and collecting right authorizations (legal, risk, compliance / financial crime, authorized signatures ...), 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 risks position, follow-up billing process and/or any reconciliation items related to.
- Support the implementation of Frankfurt's key strategic initiatives affecting these products family.
Experience
3-5+ years of experience in Trade Finance and Working Capital Solutions. Previous experience in a product sales team, middle-office or back-office will be considered as 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 and/or Spanish, advanced level of English. Advanced knowledge of Microsoft Suite Office.
Other Information
Team player. Able to build and maintain a good network of contacts (locally and across different geographies). Able to work in a team and under pressure with tight schedules, high risk culture. Able to work accurately and apply prioritisation.
Middle Office Associate- Trade Finance Arbeitgeber: Santander Corporate & Investment Banking
Kontaktperson:
Santander Corporate & Investment Banking HR Team
StudySmarter Bewerbungstipps 🤫
So bekommst du den Job: Middle Office Associate- Trade Finance
✨Tip Number 1
Familiarize yourself with the specific trade finance products mentioned in the job description, such as SBLCs and letters of credit. Understanding these products will not only help you during the interview but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the trade finance sector, especially those who work in middle office roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could help you land the job.
✨Tip Number 3
Brush up on your knowledge of compliance and risk management as they relate to trade finance. Being able to discuss these topics confidently can set you apart from other candidates and show that you are well-prepared for the responsibilities of the role.
✨Tip Number 4
Since the position requires strong language skills, practice your German and Spanish if needed. Being able to communicate effectively in these languages will be a significant advantage, especially when dealing with clients and colleagues.
Diese Fähigkeiten machen dich zur top Bewerber*in für die Stelle: Middle Office Associate- Trade Finance
Tipps für deine Bewerbung 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Middle Office Associate in Trade Finance. Highlight your relevant experience in administration, monitoring, and control of trade transactions in your application.
Tailor Your CV: Customize your CV to reflect your 3-5+ years of experience in Trade Finance and Working Capital Solutions. Emphasize any previous roles in product sales teams, middle-office, or back-office positions.
Highlight Language Skills: Since the job requires a high level of German and/or Spanish, along with advanced English, make sure to clearly state your language proficiency in your application. Provide examples of how you've used these skills in a professional context.
Showcase Teamwork and Networking Abilities: Demonstrate your ability to work as a team player and build a network of contacts. Include specific examples from your past experiences where you successfully collaborated with others under pressure.
Wie du dich auf ein Vorstellungsgespräch bei Santander Corporate & Investment Banking vorbereitest
✨Understand Trade Finance Fundamentals
Make sure you have a solid grasp of trade finance concepts, including guarantees, SBLCs, and letters of credit. Being able to discuss these topics confidently will show your expertise and readiness for the role.
✨Highlight Your Experience
Prepare to discuss your 3-5+ years of experience in trade finance. Be ready to provide specific examples of your previous roles in middle-office or back-office settings, and how they relate to the responsibilities of this position.
✨Demonstrate Team Collaboration Skills
Since the role requires cooperation with front and back office teams, be prepared to share examples of how you've successfully worked in a team environment. Highlight your ability to build and maintain relationships across different departments.
✨Showcase Your Language Proficiency
With a requirement for high-level German and/or Spanish, as well as advanced English, be ready to demonstrate your language skills during the interview. You might be asked to switch languages or discuss your experience using them in a professional context.