Credit and Collateral Management Transaction Manager

Rado Bank • New York, NY

48d • Hybrid

About The Position

Credit and Collateral Management (CCM) is an important support function that supports the Bank’s TCF Lending initiatives by providing a specialized and expert facility and transaction approval and monitoring function for the Bank’s commodity customers. The Transaction Manager ensures that transactions are carried out in accordance with credit approvals, credit agreements.

Requirements

• Bachelor's Degree
• 5+ years in Banking operation/or Middle office function
• 2+ years in support trade & commodity lending business
• Ability to travel regionally up to 15%
• Legally authorized to work in the United States on a full-time basis.
• Rabobank is unable to sponsor or take over sponsorship of an employment visa for this position.

Responsibilities

• Analyze and monitoring liabilities collateral under borrowing base and transactional secured facilities.
• Ensure utilization requests from clients fall within the agreed credit parameters and provide authorizations for each transaction to the back office.
• Maintain required documents including insurance policies, title documents
• Maintain position reports per customer detailing exposure, collateral and outstanding transactions to ensure proper allocation in accordance with the approved facility terms.

Benefits

• Medical, Dental and Vision plan coverages are effective on your date of hire.
• 401(k) plan
• 401(k) match 50% of the first 6% you contribute
• Additional 3% of your eligible pay in Safe Harbor contribution
• Up to 3% in annual Discretionary Profit Sharing contributions
• 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
• Dollars for Doers program
• Helping Hands program
• Gift Matching programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level