Apr 23, 2011

PT Bank Rabobank International Indonesia-Commodity Support Group Manager

PT. Bank Rabobank International Indonesia (RII) is owned by Rabobank Nederland, the only privately owned bank in the world that is awarded Triple A ratings from both Standard & Poor's and Moody's. RII is an established Corporate and Commercial wholesale bank focusing primarily on the Food and Agribusiness (F&A), and just recently expanded its businesses to Retail and SME sectors. Please visit www.rabobank.co.id for more details.

Currently, we are offering an opportunity as below:

Commodity Support Group Manager
(Jakarta Raya)



Responsibilities:

Job Scope and Objectives
Responsible over the implementation, operation and supervision the banking transactions which are required the security covenants, particularly structure trade finance, collateral management agreement (CMA) transactions and FX transactions (margin).
Responsible over the appointment, review, and supervision the acceptable warehouse manager/ surveyors, broker/insurance Company, appraisal company.
Responsible over all Commodity Support Group (CSG) transactions comply with local and Rabobank International regulations.
Provide daily and/or monthly report containing all CSG task and obligation to management


Essential Duties and Responsibilities
Record, update, release, monitor, and supervise all assets/security which are provided by the customer in relation to the banking facilities.
Update, monitor and research the price component of all commodities (thru Reuters, Bloomberg, website, news paper, or other sources) in relation to the banking facilities.
Manage all bank transactions in relation to security covenant, collateral management agreement transactions, but not limited to blocking, releasing, recording, and monitoring such transactions.
Do direct communication to customers in relation to all transactions under CSG responsibility.
Do direct communication and coordination to the warehouse manager/surveyor, broker/insurance Company and Appraisal Company but not to limited to negotiate the price/charge, determine type of services/coverage, associated risks and determine other conditions for the bank protection interest.
Review on the acceptable warehouse manager/surveyor, broker/insurance Company and Appraisal Company periodically.
Inspect (organize or surprise plant visit) to the assets/security/warehouse of customer periodically. Inspection or visit report to be filled with pictures.
Appraise over (fixed) assets of customer periodically in which it will be done by appointed appraisal company.

Requirements:

Understanding banking products (international trade), Bank Indonesia and legal regulations
Good reporting and administration skills
Good communication skills, both in written and spoken English
Computer skills
Independent, hardworking individual and able to work under pressure
3-5 years banking experience in general, accounting and in particular legal
University degree in Economics, Finance and/or Law

Please put the position title in the subject of the email and send your CV with Internal Vacancy Application TO:

hrd_rii@rabobank.com

Closing Date: 30-4-11

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