Senior Collateral Manager - 100 % (f/m/d)

What we are looking for

We are looking for an experienced Senior Collateral Manager to reinforce the Collateral Management unit within the Risk Management division. 

The Collateral Manager is playing an important role in TradeXBank AG daily business. Besides, the assessment and sign-off of individual transactional credit structures proposed by Front units, the role encompasses, as a 2nd line of defense, monitoring the collateral quality and the respect of the credit approved framework within the lifecycle of transactions. 

On top of excellent communication and collaboration skills, the ideal candidate should therefore possess a solid specialist experience in Commodity Finance including commodity markets, commodity finance best-practices, related legal documentation set-up, price risk management, trade finance structures, and transactional risk analysis.

Your responsibilities

You will be assuming the role as second line of defense, independently assessing, approving and monitoring commodity trade finance transactions, ensuring adherence to established underwriting guidelines and policies. This comprises a range of tasks, including:

• Transactional risk assessment such as counterparty, price, legal, operational, financial, reputational and performance risks on a transactional and client level;
• Collaboration with the Front Office as well as with other relevant units with respect to structuring commodity trade finance deals with primary focus on collateral security and documentation; 
• Recommendations on credit limits structures so that they fit in the clients’ business models, meet the Bank’s risk guidelines and market best-practices;
• Evaluation and sign-off of new transactions’ financing, releases and stage shifts;
• Management of the list of acceptable service providers (storage facilities, forwarders, etc.) as well as insurance policies (cargo, credit and performance), including their assessment and documentation;
• Control of active portfolio transactions’ standing as second line of defense, ensuring they remain within approved credit frameworks and are properly documented along transactions’ life cycle; 
• Red flags identification, reporting and management in coordination with the Line Manager; 
• Ad-hoc stock inspections via third party inspectors or directly on-site when necessary
• Contribution to the development of the Collateral Management function with inputs on internal guidelines, client positions monitoring improvements, IT tools improvements, efficiency measures, transactional documentation/templates among others;
• Act as a mentor and coach less experienced employees involved in transactions and credit files, providing guidance and sharing knowledge, supporting the implementation of Best CTF Practices.

Your profile

• 10+ years of experience in Commodity Trade Finance (CTF) in the Risk and/or Middle and/or Front-office. 
• Experience in trade finance banks and/or in trading companies a must, experience in top tier commodity trade finance banks a plus. 
• Solid understanding of commodity transaction structures, monitoring and legal documentation, counterparties involved, marked-to-market positions and CTF best-practices. 
• At ease with logistics in commodity trading, documentary business, hedging instruments, markets & exchanges.
• Experience setting-up, controlling, reviewing customer’s transactions and economic positions, in particular with respect to exposure, collateral status and transactional risks
• Practical knowledge of energy-, metals and mining- and agricultural commodities and working with commodities in different jurisdictions.
• Risk management view with business-oriented mind.
• Organisation skills, discipline to manage workload peaks/multiple requests in a timely manner.
• Capacity to make informed decisions and to communicate professionally, also under pressure.
• Communication and collaboration skills, eager to share knowledge when required.
• Ability to use MS office tools including EXCEL pivot tables and formulas in a reliable manner.
• Proactive, mature, and reliable personality, demonstrating self-initiative and a drive for innovative solutions and sharing knowledge.
• Higher education such as a degree in Business Administration or any equivalent practical experience with relevant professional skills enhancement.
• Possess a valid Swiss/EU passport or an applicable Swiss work permit (mandatory), along with fluent proficiency in English language, other languages are an advantage.

Your team

• Risk Management department composed of a motivated team of 7 covering all aspects of risk management (credit, market, operational, collateral).
• Collateral Management team to grow to 2 persons for the time being
• Good team spirit and working as a strong and close team.
• Open communication, transparency, and constructive feedback are encouraged and valued 
• Close exchange and collaboration with all teams and top management of the Bank. 
• Next to the day to day work, the team is involved in various projects for the benefit of the Bank.

What we offer

• Competitive salary and benefits package, reflecting your skills, experience and contributions 
• Attractive pension scheme and comprehensive health insurance coverage
• Flexible working hours and possibility for remote work 
• Opportunity for professional development and growth 
• Dynamic and collaborative work environment

About us

TradeXBank AG is a Swiss-owned boutique bank, specializing in Commodity Trade Finance (CTF) and related services. This is an exceptional opportunity for a proactive and self-starting personality with hands-on mentality and a structured way of working to participate in the further development and expansion of the bank in a key position. It is the ideal time to join our team, as you will have the opportunity to make a significant impact and be part of our exciting journey towards establishing TradeXBank AG as a leading player in the worldwide CTF industry (and in the medium term presumably also in other business areas).

If you fulfil the above requirements and you are looking for a challenging role in a multicultural and rapidly growing bank, please send us your full application (cover letter, curriculum vitae, reference letters and certificates).