Senior Associate - Trade Finance Operations (12 Month Max Term)

Posted:
10/21/2024, 6:03:28 PM

Location(s):
Sydney, New South Wales, Australia ⋅ New South Wales, Australia

Experience Level(s):
Senior

Field(s):
Operations & Logistics

Do Work That Matters.
You will join CommBank’s Trade Finance Operations team sitting within our Global Trade Operations function within our Chief Operating Office (COO). The Trade Operations team operate in a middle-office environment and are focussed on the delivery and settlement of Trade Finance transactions, across Import/Export and Trade Loans

The team also provide operational management, monitoring of financial transactions and ensuring clear correspondence to our valued customers spanning in size and complexity across Business Banking to our Institutional Bank & Markets (IB&M) clients.
This is a 12 Month Max Term Contract (or secondment for our internal team members) opportunity, which is a great way to either enhance your Trade knowledge or utilising your Loan Operations skills in Trade.

The Role.
As a Senior Associate within the Trade Finance Operations team, you will help manage the end-to-end delivery of Trade Finance transactions across the Group while partnering with Trade Sales Specialists, Relationship Managers and product specialists to ensure growth and delivery of service to our clients on their trade finance needs.

You will be focussed on Trade Finance Loans and funding which includes reviewing customer loan applications and documents and ensuring they align to allow funding to occur.

You will monitor, analyse and review physical trade documentation and transactions against regulatory Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) policies while ensuring each transaction meet the Bank’s and regulators’ risk appetite before releasing it.

On any given day you will:
  • Transaction processing/operations of Trade Finance Loans
  • Facility implementation for traditional and structured trade finance products
  • Assist with client account management in maintaining and growing our client base
  • Support Relationship Managers and Trade Sales Specialists 
  • Comply with Bank policies, controls and frameworks, reporting any issues affecting the team to management and complying with all escalation protocols to minimise risk
  • Daily interaction with CBA’s trade processing business partners
     

We’re interested in hearing from people who have:
You will have previous experience in roles requiring high attention to detail or investigative outcomes and will be able to demonstrate critical and lateral thinking in order to communicate complex situations clearly to find solutions for our customers.

You will also:

  • Well-developed stakeholder management skills, skilled at building and maintaining professional relationships
  • Demonstrable experience showcasing high degree of accuracy to your role, ensuring we can get it right the first time for our customers.
  • Have a solid understanding of risk management covering either operational risk, compliance, credit risk, sovereign risk, market risk
  • Knowledge on the global trade environment and domestic trade industry is desirable
  • Contribute to improving client service by improving processes and reducing errors
     

From here, the opportunities are endless 

At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value’s driven organisation, we nurture and support our people, through focusing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities
 

We support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in. 

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 01/11/2024