Transaction Banking Middle Office Specialist

Montreal - Canada

Monthly Salary: Not Disclosed

Posted on: 8 hours ago

Vacancies: 1 Vacancy

Job Summary

Overview:

TekWissen is a global workforce management provider headquartered in Ann Arbor Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions Retail Banking and Services and Corporate and Institutional Banking

Position: Transaction Banking Middle Office Specialist

Location: Montr al QC H3A 2A6

Duration: 18 Months

Job Type: Temporary Assignment

Work Type: Onsite

Shift: 08:00 am to 05:00 pm

Job Description:

The Transaction Banking Middle Office primary mission is to provide transactional administrative and technical support to the Transaction Banking Business Lines in furtherance of their traditional trade trade finance supply chain finance lending cash management and treasury products.
The Transaction Banking team within the Middle Office supports the supply chain finance cash management and non-supply chain funding businesses of the business lines.

Responsibilities:

Managing a diverse portfolio of Supply Chain Finance customers transaction flows
Handling Front Office system Registration for the booking of facilities after closing in compliance with credit approval
Reviewing credit approval credit agreements facility letters and/or term sheets and summarizing all pertinent material relating to administration of the accounts
Preparing required setup and documents for communication and monitoring
Ensuring proper daily administration of booked facilities and requested transactions using spreadsheets and banking platforms
Analyzing transaction requests in detail
Ensuring utilizations are within approved limits
Verifying the clients signature(s) on the transaction request.
Preparing instructions for facility utilizations
Supporting the department with reporting investigations and special projects
Supporting customers on specific needs/questions
Account support and balance monitoring

Minimum required qualifications:

Bachelor degree required in a quantitative discipline such as Finance Business Accounting Economics or Math
Working knowledge of AML OFAC Compliance regulations
Familiarity with commercial lending (Supply Chain Finance) accounting methods

Preferred qualifications:

Understanding of accounting principles and financial statement/structure analysis
Good interpersonal skills working easily in a team environment but capable of leading some initiatives independently with manager guidance
Excellent organization multitasking with a strong sense of urgency to achieve deadlines
Advanced Microsoft Excel and Word skills
Knowledge of Banking products a plus
2-3 years of Middle Office and/or Operations supporting Supply Chain Finance Treasury and/or Commercial Lending business lines or equivalent
Understanding of supply chain finance credit agreements
Understanding of regulatory compliance risks related to Supply Chain Finance
Multi-lingual skills-Spanish a plus

TekWissen Group is an equal opportunity employer supporting workforce diversity.

Overview: TekWissen is a global workforce management provider headquartered in Ann Arbor Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions Ret...