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Credit Officer commodity trade Finance

To actively market as well as support marketing of new, good quality, Trade Commodity Finance business; Subsequently manage the (newly established) portfolio including promoting utilization of facilities with a view to achieving targets based on maximizing revenues.

To evaluate/monitor credit risk on an on-going basis, for new and existing Trade Commodity Finance clients/customers, so as to minimize loan losses.

Contribute to the business development of Trade Commodity Finance to meet business targets:
By drawing up business calling programs, seeking new clients, proactively liaising with Business Segments and looking for suitable TCF opportunities. Measured by number of new relationships booked and bottom line target achievement.

Risk Management:
By evaluating, recommending and structuring facilities, reviewing facilities and ensuring that the risk to reward ratios are acceptable. Measured by account grading composition and marked by nil losses from the portfolio.

Ensure positive client relationships are fostered:
By demonstrating a continuing interest in the client’s business. Maintain regular contacts with clients, Relationship Managers/Unit heads and Trade service executives. Measured by call reports, business segment feedback.

Provide direction and leadership to the Trade Commodity Finance ARM/RM and stands in for Trade Commodity FinanceHead in his absence.

By setting clearly understood goals, service standards and monitoring the performance of the marketing/client audit team against these, as well as, leading by example.

World Bank worries will drag DJIA down today.

by --__--

See you at 6000.
Developing world may need $700 billion -World Bank
Sun Mar 8, 2009 7:42pm EDT
By Lesley Wroughton
DAR ES SALAAM, March 8 (Reuters) - Developing countries could face a financing gap of $270 billion to $700 billion this year as trade income dwindles and rich nations vie for capital to deal with a global slump, the World Bank said on Sunday.
The World Bank said even at the lower end of that estimate, resources of international institutions would not be sufficient to meet the financing needs as more and more emerging and developing countries are hit

Ahem...

I must take issue.
Asset prices inversely related to interest rates? No. Pull out some charts. Historically, commodity prices and bond yields move in tandem, especially noteworthy in times of monetary inflation, which btw estimated US M3 growth is more like around 9% here lately. US housing hasn't slowed overall credit growth one iota.
Judging from Chindia's changing lifestyle in regards to consumption, I couldn't disagree more regarding supply/demand issues on commodities. If anything, I'd say comm prices are suppressed by Paulsen & co, and don't reflect true supply/demand issues now

Speculate this

by someone_really

Amalgamated Bank, which manages worker retirement funds, today sought to freeze the bank accounts of senior executives at Enron Corp., alleging they reaped huge profits by artificially inflating the stock price of the once-mighty energy trader.
In a lawsuit filed in U.S. District Court in Houston, the bank called Enron a 'grotesque fraud,' and said insiders gained about $1.1 billion from the sale of more than 17.3 million shares of stock over the past three years.
Enron's market value peaked at almost $80 billion in August 2000, and has plunged to less than $1 billion after the Houston company said it misstated earnings by about $600 million and U

Pozen recs to SEC on financial reporting fall short.(GOVERNMENT)(Securities & Exchange Commission): An article from: Strategic Finance
Book (Institute of Management Accountants)

Commodity finance being done by Trading Houses  — Spend Matters
And banks fund these companies through trade lines, just like they fund so many hedge funds, factors, and others now interested in trade receivables. See – Shadow Banking Market grows and grows and Commodity Trade Finance – Still the Banks' Domain.

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Popular Q&A

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Which financial company provides commodity trading information?

Thomson Reuters provides a large amount of information in commodity trading. they provide an insight in several fields and they include guides in each of them.

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