Trade Finance Sales and Structuring – NBFI Documentary Trade - Vice President
New York, 1 Columbus Circle, United States
Job Description:
Job Title Trade Finance Sales and Structuring – NBFI Documentary Trade
Corporate Title Vice President
Location New York, NY
Overview
Our Non-Banking Financial Institutions (NBFI) team focuses on offering Trade Finance solutions to large international Alternative Asset Managers, Insurance, Traditional Asset Managers, Hedge Funds and Specialty Finance companies. As a Trade Finance Sales and Structuring originator you will, originate, structure, and execute trade finance facilities across traditional documentary trade solutions like Commercial Letters of credit, Standby Letters of Credit (LC), Usance Payable at Sight (UPAS) and Deferred Payment LC as well as working capital solutions including receivables finance, supply chain finance, inventory finance, asset-based finance, and other forms of pre and post shipment financing. Typical transactions emphasize risk mitigated structures using syndication and/or third-party forms of credit insurance and repayment guarantees. You will be based in NY and will originate new transactions with clients in close cooperation with the Corporate Bank and Investment Bank Coverage teams in US and around the globe.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You’ll Do
Originate, structure, and implement Trade Finance products within the NBFI segment in US, including regulatory letters of credit, surety fronting letter of credit solutions, private credit lending letter of credit solutions, committed and uncommitted, with the use of trade credit insurance, syndicated or bilateral
Provide and perform any tasks related to transactions, including preparation of sales pitches, indicative proposals, response to requests for proposals (RFP’s), perform profitability analyses, conduct site visits to assess creditworthiness of existing and new clients, prepare supplier analyses and segmentation, prepare deal memos, and discuss deals with internal teams and credit risk management
Generate revenue according to budget targets and strengthen bank’s franchise by attracting and retaining new clients and deals
Skills You’ll Need
Experience in trade finance or corporate banking; strong client marketing and service skills, including strong written and interpersonal communications skills
Ability to generate profitable business against hard sustainable revenue targets
Conversant relevant legal, regulatory and Bank policy requirements and operate accordingly
Experience within the financial sector, with relevant coverage experience preferred. Knowledge of the NBFI sector a plus
Proficient financial and credit fundamentals preferred
Skills That Will Help You Excel
Excellent verbal and written communication skills with the ability to synthesize complex problems into elegant and concise conclusions
High level of energy and accessibility, clear team player
Strong commitment to integrity, professionalism, and teamwork
Entrepreneurial spirit, analytical, results oriented with critical thinking and problem-solving capabilities
Good organizational skills, diligence, and follow through with the ability to multi-task
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $140,000 to $217,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.
ApplyJob Profile
Hybrid working model Must work in New York
Benefits/PerksCompetitive compensation Competitive compensation packages Diverse and inclusive environment Educational resources Employee Resource Groups Family building benefits Generous vacation Health and Wellbeing Benefits Health benefits Hybrid work Hybrid working model Parental leave Personal and volunteer days Retirement plans Retirement savings plans Volunteer programs
Tasks- Assess creditworthiness
- Conduct profitability analyses
- Generate revenue
- Originate trade finance products
- Prepare deal memos
- Prepare sales pitches
Analytical Banking Business Client marketing Communication Corporate Banking Credit Insurance Credit risk management Critical thinking Excel Finance Financial analysis Hedge Funds Initiative Insurance Interpersonal Organizational Problem-solving Regulatory Regulatory Compliance Risk Risk Management Sales Syndication Teams Teamwork Trade finance Written communication
Experience5 years
Education TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9