Sabadell Overview

Sabadell is a global financial institution headquartered in Barcelona, Spain and one of Europe’s oldest and most successful banking groups since its founding in 1881. Sabadell covers all areas of the financial business sector under a common denominator: professional performance and quality. Sabadell’s Florida operations include Sabadell United Bank, headquartered in Miami, Florida, a locally-managed, nationally chartered banking institution. Sabadell United Bank has grown rapidly in Florida since establishing a presence in Miami in 1993. The bank now has 26 branches throughout the state, serving over 40,000 clients, and is one of the top ten largest banks in Florida by deposits. Bauer Financial Reports recognized the growth and financial strength of the bank by awarding it a five-star rating, the highest available. Sabadell United Bank is recognized as the trusted financial advisor for professionals, businesses, international clients and high-net-worth individuals.

Sabadell also operates an international branch of Banco Sabadell (Spain) headquartered in Miami that provides private and corporate banking services focused on individuals and companies operating in the United States and Latin America. Sabadell’s International Branch currently manages $4.2B in client assets and $2.4B in deposits. Together, Sabadell United Branch and Sabadell’s International Miami Brach manage over $16B in client assets. In the past nine years, Sabadell United Bank, together with Sabadell's International Branch, has grown its presence in Florida over twelvefold in terms of deposits and assets under management. Globally, Sabadell operates 2,920 branches and employs 26,130 people.

Job Description

Banco Sabadell is seeking a Trade Finance Specialist to join a dynamic team within one of the fastest growing banks in Florida.

Responsibilities

• For assigned transactions support GTSC loan/facility closing and renewals and co-ordinate with all related parties the necessary steps to ensure an efficient and accurate closing process.

  • Ensure that all processes and Bank policies for GTSC facility closing are adhered to and all procedures are followed in a timely manner.

  • Co-ordinate and interact with all CIB colleagues, Risk and Credit Administration Department, Brokers, Clients, Agents etc. for an efficient closing process;

  • Validate the executed loan documents, review the proper execution of all documents by authorized signors prior to submission to credit admiration

  • Ensure client has paid all fees and all closing contingencies have been cleared prior to closing; Review Exim Policy / Other ECAs Policy to ensure all T&C are accurate

  • Coordinate with clients the information/documentation required to close the transaction and review, validate and prepare the legal files

  • Ensure that proper loan documentation including, corporate documents, powers of the signors and guarantors is received and verified in the applicable debt instrument

  • Negotiate with trade credit underwriters the trade credit insurance policies, monitor the utilization and compliance of the terms and conditions of such policies and process payments of insurance premiums

  • Preparation of periodic information reports for monitoring and management of the GTSC portfolio.

  • Capability to develop, implement and update procedures guidelines, checklists and other required processes necessary for the implementation of GTSC products

  • Process payment of Legal Fees to external counsel, activation fee for Exim Bank Policy, shared arrangement fees to finders, credit report providers, etc. and provide payment confirmation to vendor

Requirements

• + 5 years experience in international trade finance, Letters of Credit and Documentary Collections transactions.
• Bachelors degree in Business, Economics, Finance or related field required.
• Comprehensive knowledge of Latin American and emerging markets and familiar with international trade regulation and practices specifically ICC and UCP.
• Minimum of 2 years experience in Eximbank and other ECA related credit facilities and corresponding loan documentation and processes.
• Strong operational and financial management skills.
• Must be bilingual (English & Spanish).

Sabadell United Bank is an Equal Opportunity Employer