Head of Credit & Collateral Management Desk - Amsterdam

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  • Posting Date: 16-04-2019
  • Vacancy number: 20840

At a glance

Are you fit to become our new Desk Head of TCF Credit & Collateral Management, Metals, Agri and Icestar - Commodities ? Are you into operational risk and account management  and managing a team of 14, and you know how to practice this within the Commodity Finance world, then we are looking for you!

What do you see when you envision the next step? Work on achieving your goals and develop yourself professionally and personally. Tell us your story. We want to hear it!

Your job

Responsible for managing a C&CM Desk which has the primary responsibility for the pro-active risk management and monitoring and control of the liability and collateral position of a client portfolio of TCF Commodities for the Metals, Agri and Icestar business  and is the daily first contact for the clients of TCF Commodities. This incorporates the independent assessment of all transactions for compliance to facility terms, assessment of the value and acceptability of collateral provided and the resultant credit risk position for the Bank and providing approval to operations departments to execute. This Department needs ongoing communication with commercial (account) management and Risk management for day to day business and  for alerting adverse developments in the risk profile of the portfolio, obtaining necessary approvals and reporting on the client / Bank position.

Your working environment

As a Desk Head C&CM for Metals, Agri and Icestar Commodities, you are working in a very international orientated department, where English is the main spoken language, with colleagues coming from over the whole world.

If you come to work at Corporate & Institutional Banking/Trade & Commodity Finance, you will be joining a business, which is enterprising and daring.

Your profile

You have:

  • University Degree
  • Minimum 10 years relevant experience in Commodity Finance, with 1-3 years managerial experience.
  • Pro active Risk Management skills.
  • A good up-to-date working knowledge of LC’s, documentary collections, guarantees and the international rules governing such products i.e. UCP, URC etc.
  • A good up-to-date working knowledge of payment techniques such as cheque, TT wire transfer, SWIFT as well as treasury products such as money market loans / spot & forward foreign exchange and derivative products (swaps / options).
  • A comprehensive knowledge of the principles of commodity / trade finance collateral including title documents, inventory and receivables and of the risks and monitoring factors of less secured transactional collateral such as charterparty B/Ls, FCRs, railway bills, holding certificates; a good understanding of the assessment of their acceptability, the methods of valuation and the monitoring / control methods to protect the Bank;
  • Good understanding of commodity futures, the link to physical positions financed and the risks / monitoring possibilities for the Bank;
  • An understanding of principles according to other major legal jurisdictions applicable to financing by the Bank.
  • Good awareness of market developments applicable to the clients / portfolio. In particular of the typical commodity flows, trade terms / practices applicable, counter parties within the trade, peculiarities, hedging possibilities
  • Excellent Leadership skill with the ability to lead and motivate a team.

What we offer

If you have the drive we will offer you ample scope to fulfill your ambitions. You will be given every opportunity to work on your personal development and further your career. We offer excellent terms of employment.

Dependent on your knowledge and experience your Hay scale will be determined.

At ABN AMRO, we use our knowledge, expertise and network to help our clients within and outside the Netherlands achieve their goals based on responsible decisions. Our clients’ interests always come first. We want clients to understand our products, and we sometimes say ‘no’ if a product involves a risk that is too high for the client. Putting clients’ interests first also means communicating in plain language and crafting smart solutions that genuinely make a difference. That is our goal.

Interested?

Does this sound like something you’d be interested in? Send us your application as soon as possible.
To find out more, contact Wendy See, Global Head of Credit & Collateral Management Energy Commodities, + 31 (0)10 4015641. We look forward to meeting you.

Indication of Application Process

Step 1: Application

Fill out the information on the application form and upload your motivation letter and resume

Step 2: First interview

You will receive a confirmation of your application by e-mail. Within two weeks you will hear if you are invited for an interview

Step 3: Online assessment

You make an online cognitive test or an online assessment

Step 4: Second interview

You are invited for a second interview

Step 5: Job offer

You receive your job offer, once you have accepted it is time to start!

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