Middle Office Specialist Job Montréal area,Montreal Province de Québec Canada,Finance & Banking

Location: Montreal

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

- 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