Skills

Communication Microsoft Excel Monitoring Organization Accounting

Job Specifications

Job Title: Transaction Banking Middle Office Specialist
Job Duration: 15 month
Location: Montreal, QC
Pay Range: $65/hr - $69/hr

Job Description:
Business Overview:
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:
Managinga 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 client’s 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

About the Company

eTeam was formed in 1999 with the goal of becoming the supplier of choice for clients, employees and contingent workers. Today, we're one of the fastest-growing companies in New Jersey and ranked as one of the best companies to work for by Staffing Industry Analysts and New Jersey Business. We're also an honored member of Deloitte's Technology Fast 50. eTeam provides high-volume staffing, SOW and pay rolling services to structured contingent workforce programs and projects across the U.S., Canada and India. We also offer ... Know more