Head of Trade Finance Credit Products

FIMBank p.l.c. is a leading provider of trade finance, factoring and forfaiting solutions. The Bank is headquartered in Malta and benefits from a global presence in various important financial and trading centres. FIMBank p.l.c. is licensed as a credit institution by the Malta Financial Services Authority and is listed on the Malta Stock Exchange.

Head of Trade Finance Credit Products - Part of the Risk Management organization

A senior role, responsible for the structuring, vetting, sign off of credit products within given risk parameters set by the Board of the bank – role reports to the Head of Risk Management.  Focus on structured trade products but ultimate responsibility for all credit based products and related policies. 

Key responsibilities: 

•      Develop , review and sign off of trade credit product structures; 

•      Focus on structured trade finance products but responsibility for all credit based products;

•      Collaborate with Risk Line Managers to design and implement financing structures that are within risk appetite of bank;

•      Partner with Operations , specifically Middle Office , to design prudent structures that can be implemented with operational capacity in mind; 

•      Lead legal research to support product structuring design and implementation; 

•      Present New Product Applications to BCC and BRC as required for approval;

•      Innovation of credit product structures in line with strategy of bank; 

•      Recommend product exposure limits for the bank;

•      Write new policies and procedures as part of product redesign and market or legal environment changes; and

•      Keep credit policies current 

Requirements:

•      At least 7 year in trade finance – banking or corporate;

•      Proven back ground of  credit products– specifically trade finance products; 

•      Previously employed in a trade bank or commodity trading company; 

•      Extensive knowledge of trade documentation from a commercial and legal perspective;

•      Legal background helpful; 

•      Strong global content to past experience; 

•      High level of oral and written communication in English; 

•      Team player; 

•      Self-Starter; and

•      Multi Lingual a benefit