AVP/VP-TCF-Credit & Collateral Management Transaction Manager

The Transaction Manager ensures that transactions are carried out in accordance with credit approvals. Monitors transactions and assesses the quality and value of the collateral to ensure that it is maintained on an ongoing basis within the credit parameters as approved.

Our Shared Future:

“As a Transaction Manager, I work closely with the Relationship Manager, Credit Analyst, Compliance and various support teams to monitor credit facilities in the Trade & Commodity sector.”

You and Your Job

As Trade & Commodity Finance- Credit & Collateral Management Transaction Manager, you will be successful in managing risk to ensure that transactions are carried out in accordance with credit agreements.

As Trade & Commodity Finance- Credit & Collateral Management Transaction Manager, you will ensure that transactions are carried out in accordance with credit agreements. You will monitor transactions and assess the quality and value of the collateral to ensure that it is maintained on an ongoing basis within the credit parameters as approved.

Job Responsibilities

• Monitor liabilities and collateral under borrowing base, transactional and other facilities.
• Maintain contact with transaction counterparties (clients, shippers, forwarders, warehouse operators, off-takers, other internal departments, etc.) and give relevant authorizations regarding the release/movement of any goods held by the bank as collateral.
• Maintain position reports per customer detailing exposure, collateral and outstanding transactions to ensure proper allocation in accordance with the approved facility terms.
• Asses the quality, value and acceptability of collateral provided in line with the approved facility parameters and control the movement and disposal of collateral as required under the approved facility loans.
• Collect and collate drawdown information required to process client’s individual transactions.
• Ensure utilization requests from clients fall within the agreed credit parameters and provide authorizations for each transaction to the back office.
• Assist with establishing detailed operating rules, procedures and parameters, including administrative organization and internal control (AOIC).
• Obtain prior credit approval for any transactions which fall outside the agreed facility parameters.
• Alert RM and risk management of any deterioration in the bank’s credit risk position and any adverse market conditions
  
  

Your Promise to Us:

To be considered for the Transaction Manager role, you must have:

• College degree with emphasis on Finance or accounting
• At least 5 years’ experience in banking industry /operations
• Strong analytic and spreadsheet skill; attention to details
• Effective in communicating with others, within the bank and with clients
• Good understanding of and command over the various systems that aid in monitoring and
• maintaining collateral positions
• Effectively interprets legal documents
• Good knowledge of credit products, trade products, loan structures.
• Good Knowledge of operational and accounting process
• Work effectively with colleagues in achieving the Bank's goals
• Ability to travel regionally, up to 15%
  
  

Our Commitment to you – cultivating your way beyond pay:

Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Our goal is to always create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectation so four clients and customers.

We view your well-being as much more than a paycheck. We continually evaluate and evolve our benefit offerings to be comprehensive, competitive and to give you the options and the flexibility you need. We focus our employee benefits on three main components:

• Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.
• Financial Well-Being provides for your Retirement + Savings + Security. We love seeing your retirement plan balance grow just as much as you do! That’s why you can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
• Emotional Well-Being ensures your Work + Life balance. We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year). In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities. To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs. (All paid time off is subject to company accrual and carryover policies.)
  
  

Our Organization:

Serving clients in Mexico, the U.S. and Canada, Rabobank Wholesale Banking North America is a premier corporate and investment bank to the food, agribusiness, commodities and renewable energy industries, providing sector expertise, strategic advisory and tailored financial solutions to our clients. We thrive on building long-term relationships with clients and stakeholders in the fastest-growing food and agribusiness region of the world. See, https://www.rabobankwholesalebankingna.com/.

Salary Expectations:

AVP to VP Target Hiring Range: $115,000 - $230,000

This position is subject to the terms of [RAF/Rabobank/RDS]’s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to [RAF/Rabobank/RDS] employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.

Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.

At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?

This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.