Auf einen Blick
- Aufgaben: Manage and control trade transactions, ensuring compliance and accuracy.
- Arbeitgeber: Join Santander CIB, a leader in transforming the financial sector globally.
- Mitarbeitervorteile: Enjoy equal opportunities and a supportive work culture.
- Warum dieser Job: Be part of a dynamic team impacting corporate clients and enhancing your finance skills.
- Gewünschte Qualifikationen: 3-5 years in Trade Finance; degree in Economics or Business Administration required.
- Andere Informationen: Fluent English and high-level German/Spanish preferred; teamwork and pressure handling skills essential.
Das voraussichtliche Gehalt liegt zwischen 43200 - 72000 € pro Jahr.
Country: Germany
SCIB Business Support in Europe is looking for Middle Office Associate based in our Frankfurt office.
WHY YOU SHOULD CONSIDER THIS OPPORTUNITY
At Santander CIB (www.santandercib.com) we are key players in the transformation of the financial sector. Do you want to join us? Santander Corporate & Investment Banking (Santander CIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs. We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management. Santander is proud of being an organization where there are equal opportunities regardless of gender identity, culture and disability. Our mission is to contribute to help more people and business prosper.
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 to 5 years of experience in Trade Finance. 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. Fluent English. High level of German and/or Spanish. 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.
Trade Finance Middle Office Specialist Arbeitgeber: Santander Consumer Bank AG
Kontaktperson:
Santander Consumer Bank AG HR Team
StudySmarter Bewerbungstipps 🤫
So bekommst du den Job: Trade Finance Middle Office Specialist
✨Tip Number 1
Network with professionals in the Trade Finance sector, especially those who work at Santander or similar institutions. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarize yourself with the specific trade finance products mentioned in the job description, such as SBLCs and letters of credit. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 3
Brush up on your German and Spanish language skills if you're not already fluent. Being able to communicate effectively in these languages can set you apart from other candidates and show your commitment to the role.
✨Tip Number 4
Research Santander's recent strategic initiatives in the Trade Finance space. Understanding their goals and challenges will allow you to tailor your discussions and show how you can contribute to their success.
Diese Fähigkeiten machen dich zur top Bewerber*in für die Stelle: Trade Finance Middle Office Specialist
Tipps für deine Bewerbung 🫡
Tailor Your CV: Make sure your CV highlights your 3 to 5 years of experience in Trade Finance. Include specific examples of your work in middle-office or back-office roles, and emphasize any direct client contact you've had.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Santander CIB. Mention your understanding of trade transactions and your ability to cooperate with both front and back office teams. Highlight your language skills in English, German, and/or Spanish.
Showcase Relevant Skills: Clearly outline your knowledge of financial trade and receivables contracts. Discuss your proficiency with Microsoft Office Suite and how it has helped you in previous roles, especially in monitoring and reporting customer risk positions.
Demonstrate Teamwork and Pressure Handling: Provide examples in your application that demonstrate your ability to work as a team player and handle tight schedules. Mention any experiences where you successfully managed high-pressure situations while maintaining accuracy.
Wie du dich auf ein Vorstellungsgespräch bei Santander Consumer Bank AG vorbereitest
✨Show Your Trade Finance Expertise
Make sure to highlight your 3 to 5 years of experience in Trade Finance during the interview. Be prepared to discuss specific transactions you've managed and how you navigated challenges in the middle office or back-office roles.
✨Demonstrate Your Team Player Skills
Since this role requires collaboration with both front and back office teams, share examples of how you've successfully worked in a team environment. Emphasize your ability to build and maintain relationships across different departments.
✨Be Ready for Technical Questions
Expect questions about financial trade and receivables contracts. Brush up on the economic terms related to these transactions, as well as any relevant regulations. This will show that you're conversant with the technical aspects of the role.
✨Highlight Your Multilingual Abilities
Fluency in English, German, and/or Spanish is a big plus for this position. Be sure to mention your language skills and provide examples of how you've used them in a professional context, especially in trade finance scenarios.