Trade Origination

Job Description

Job Title: Trade OriginationLocation: MumbaiAbout BarclaysBarclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.Risk and Control ObjectiveEnsure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.Working FlexiblyWere committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers and clients needs. Whether you have family commitments or youre a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needsHybrid WorkingWe are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. Please discuss the detail of the working pattern options for the role with the hiring managerIntroduction:The product origination team provides expertise around the product by understanding customer needs and providing solutions that can sometimes be customised. This team also ensures that we adhere to internal and external policies while delivering these solutionsWhat will you be doing. To engage customers effectively in our chosen client sub segments of International Corporates across outbound and inbound . To originate structure and execute deals across trade opportunities in the Northern Indian market for both inbound as well as outbound clients across customer segments.. Developing a Trade portfolio through increasing wallet share and winning new business whilst always ensuring great customer outcomes. Implement and monitor the trade origination plan to achieve targeted revenue objectives.. Focus on achieving high returns on RWA as guided by the banks policies. Focus on trade products of low RWA usage. Compete effectively on pricing in line with competition.. Construct and deliver a targeted calling program, derived from the establishment, development and implementation of a portfolio sales plan in partnership with the lead Relationship Director.. Roll out marketing approved product specific decks / case studies that are handy and can be used by RDs to share with customers. Standardize term sheets that can be customized for deal specific details only before sharing with clients etc.. Time managemento 75% from new clients / new products to existing clientso 25% from deepening existing client dialogues . To help grow the trade business into a robust, scalable and profitable business aligned to the overall corporate banking strategy and to facilitate the achievement of the firms financial objectives. Product structuring - to liaise with Operations / Credit/ Compliance / Legal / Product for structuring delivering bespoke solutions. Manage the existing clients in Northern India to further deepen the onshore trade asset book within the segments.. Support the existing corridor initiatives for both inbound and outbound.. Work with existing and prospective clients to gain a greater share of their trade wallet with a view to grow trade (both fund and non fund balances) with bank.. Client coverage for TWCo o Trade & Working Capital - structured trade transactions/ Receivables purchase/ Documentary trade transactions/ trade loans/ BG/ SBLC/ Open account flowsc / supplier financing transactionsWhat were looking for: Graduate degree Excellent Trade Finance product experience and knowledge for plain vanilla and structured trade. Good planning, organization and communication skills. A working understanding of UCP 600, URR 725, URDG, Incoterms, currency hedging instruments and Exchange Control Rules and Regulations. Good judgement on being able to identify risk early and suitably address / highlight the same. In particular, this includes but is not limited to risks relating to KYC, Financial Crime and operational risk. Ensure compliance with New Product Approval (NPA) guidelines and ensure that all product offerings have undergone relevant due diligence and approval in line with applicable Bank policies. Incumbent should be a confident, motivated individual with the ability to function and develop client relationships independently. He or she should also be a team player working in close co-ordination and collaboration with colleagues. Good communication, people and presentation skills. Ability to prepare business presentations and economic intelligence. Eager to own a business segment and develop to the next level of trade finance utilization and revenues. Self motivated and proactive approach to marketing origination.Skills that will help you in the role:. Strong Interpersonal skills. Commercial minded. Effective risk managementWhere will you be workingMumbaiBe More at BarclaysAt Barclays, each day is about being more - as a professional, and as a person. Be More @ Barclays represents our core promise to all current and future employees. Its the characteristic that we want to be associated with as an employer, and at the heart of every employee experience. We empower our colleagues to Be More Globally Connected, working on international projects that improve the way millions of customers handle their finances. Be More Inspired by working alongside the most talented people in the industry, and delivering imaginative new solutions that are redefining the future of finance. Be More Impactful by having the opportunity to work on cutting-edge projects, and Be More Valued for who you are.Interested and want to know more about Barclays Visit home.barclays/who-we-are/ for more details.Purpose, Values and MindsetWe deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term.Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship.RespectWe harness the power of diversity and inclusion in our business, trust those we work with, and value everyones contribution.IntegrityWe operate with honesty, transparency and fairness in all we do.ServiceWe act with empathy and humility, putting the people and businesses we serve at the centre of what we do.ExcellenceWe champion innovation, and use our energy, expertise and resources to make a positive difference.StewardshipWe prize sustainability, and are passionate about leaving things better than we found them.Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do our Mindset is to Empower, Challenge and Drive.EmpowerTrust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure.ChallengeQuestion whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints.DriveFocus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done.

Keyskills :
URR 725Exchange Control RulesOperational Riskucp 600URDGKycTrade FinanceCurrency Hedging InstrumentsIncotermsRisk Managementfinancial crime