Total 2 job vacancies by Commerzbank Aktiengesellschaft

Job purpose:

We are seeking a proactive and highly skilled **Structured Credit Trader** at the Associate to Assistant Vice President (AVP) level to join our team in Singapore. The successful candidate will focus on the trading, booking, pricing and risk management of secured financing transactions, loans and structured derivatives products for the benefits of internal and external clients along with the development of innovative investment products. The role will collaborate closely with stakeholders including Structuring, Sales, Risk Management, Finance and Operations etc.

Structured Solutions Trading: engages in the full suite of credit related products and providing asset and liability management solutions to internal or external clients (yield enhancement solutions, risk management strategies, financing structures as well as delivering balance sheet optimization).

The candidate will also have the opportunity to contribute towards the growth of a credit investment book focused on Asian fixed income investments.

Key activities: 

• Work with the senior trades to price, execute and manage secured financing transactions across structured credit markets, ensuring adherence to risk management guidelines and regulatory requirements.
• Run daily tasks including risk management, P&L reporting and analysis.
• Handle trade bookings in a timely and accurate manner and contribute to the development of booking methodologies for new products.
• Execute initial and on-going hedges transactions covering all risks aspects including credit, rates and liquidity.
• Analyse market trends and opportunities within structured credit to identify investment strategies and trading solutions.
• Work with internal teams including sales, structuring, risk management, and research sales to develop and enhance investment products, utilizing structured credit instruments to meet client needs and market demands.  
• Utilize quantitative and financial modelling techniques to support structured credit trading activities and product development.  
• Stay updated on regulatory changes and market developments affecting structured credit and secured financing transactions.  
• Working in conjunction with the Investment Strategies team, assist in the identification, purchase and hedging of potential investment assets and develop investments strategies for the EM Asian credit Investment book.

Formal education:

• University degree in a numerate discipline such as Finance, Economics, Mathematics, Engineering, Computer Science or Physics is preferred but not mandatory

Specialist knowledge (work experience, further qualification):

• Experience in structured credit trading or related roles, with expertise in secured financing transactions and / or structured credit products. 
• Strong analytical and quantitative skills, with experience in financial modelling and the use of trading tools. 
• Good understanding of structured credit markets and financial instruments including bonds, loans, repos, rates and credit derivatives
• Excellent communication and interpersonal skills for effective collaboration with cross-functional teams and clients.
• Fluent in English as the main working language of the office.
• Highly detail-oriented, organized, and able to perform effectively in a fast-paced environment.  

Job purpose:

The incumbent will play a pivotal role in ensuring the team’s upholding of strict compliance with anti-money laundering and sanctions guidelines, all relevant/related regulations and internal guidelines. He/She is also expected to ensure all local addendums, procedures, processes are up-to-date with global requirements and/or local regulatory standards, provide regular updates to GS-Ops – Operations and CVT Singapore Team Head / GS-Ops – Operations and CVT Asia Regional Head and perform escalations where required.

Key activities:

General

• Understand and comply with Commerzbank’s Code of Conduct
• Ensure compliance to AML, Sanctions, KYC and other relevant policies, procedures and regulations
• Support initiatives related to changes in the regulatory landscape, system enhancements or updates
• Provide support in potential remediation reviews
• Provide support for on-site activities as assigned
• Provide team coverage where required
• Assist with any other duties or projects as assigned by GS-Ops – Operations and CVT Singapore Team Head / GS-Ops – Operations and CVT Asia Regional Head
• Understand Commerzbank structure, client coverage/segmentation and products/services offered to clients in international Commerzbank locations

Role Specific – Client Verification (“CV”) Focused, Account Administration (“AA”) Focused, Operations Focused

• Local Addendums Maintenance and/or Control (inc. but not limited to the KYC Handbook, Screening Procedure, AWLF Alert Handling Procedure, Adonis Processes, AA Desktop Procedures, Standard Operating Procedures etc)
• Representative for Branch on regional / global procedural topics
• Project Support for CV / AA / Operations initiatives, including but not limited to data control and governance
• Outsourcing standards / service quality, Control and Governance
• Systems process expert (inc. but not limited to AOPX, Actimize, Phoenix, Asia Reporting Platform, Summit, Easymatch, TRAM etc)
• Process Control (inc. Adonis Processes, Standard Operating Procedures)
• Planning and conducting trainings and knowledge sharing sessions (including but not limited to system/process/procedural trainings to service provider/team members)

Formal education:

• Bachelors or Masters degree in Business Administration, Finance, Science or similar education
• Completed apprenticeship / training in the financial industry or similar education

Specialist knowledge (work experience, further qualification):

• At least 5 years professional experience in Banking and Market Operations and/or Client On-boarding / KYC operations and/or Anti-Money Laundering functions at a large financial institution
• Working experience in an international environment is a plus
• Advanced knowledge of Financial Crime prevention, local and international sanctions and Know Your Customer requirements
• Well versed with respective global / local regulatory requirements and market practices
• Act in line strictly with all internal and external laws, policies, and guidelines e.g. ComValues, Culture of Integrity, Code of Conduct, ABC Policy, TRM etc.
• Proficient use of MS Office Suite
• Fluent in English; German and/or other language skills is a plus
• Excellent analytical, oral and written communication and interpersonal skills
• Strong attention to details required
• Advanced time management skills and ability to execute tasks within tight deadlines
• Ability to work independently or with limited guidance and seek for advice proactively
• Good teamwork attitude to share responsibilities and confer with others
• “Hands-on” approach in the day to day operation
• Resourceful and have good motivational and conflict management skills