VCF Portfolio & Transaction Management Associate
Location: Atlanta GA or New York, NY
Build deep transaction expertise, work directly with clients and lenders, and grow with an expanding value chain finance business.
Working for the Rabobank Group demands special competencies from the individual employee, who must have a natural tendency to collaborate with customers, members and colleagues. The added value manifests itself in permanent, mutual collaboration between all national and international business units, and entities, within the Rabobank Group. The permanent collaboration enables us to achieve shared professional results, where short-term and long-term customer interest is at the forefront.
This requires employees to have a personality which is clearly "actively focused on other people", and for employees to make careful consideration between risks and results in the performance of work duties, with the objective to increase and maintain customer confidence in the entire value chain of product development, product distribution and customer advice. Employees within the Rabobank Group are aware of possible risks to the organization in performing their work duties and handle these risks with care.
The Rabobank Group’s Code of Conduct forms the framework for how to do business within the entire Rabobank Group.
As a member of the Portfolio and Transaction Management function within the VCF Team the candidate will be responsible for performing the transaction management duties for part of the Value Chain Finance (“VCF”) portfolio in North America, which include:
i) coordinating the internal approval process (including drafting internal approval memo’s) and external documentation process (including doc review) for transaction renewals and amendments;
ii) supporting a direct dialogue with clients, other lenders and rating agencies regarding deal performance, operational issues and upcoming amendments, including arranging and conducting business due diligence reviews;
iii) performing periodic analysis on the portfolio, including review of monthly settlement reports and performing trend analysis;
iv) identifying changes in the requirements for transactions, based on developments of client needs, regulatory environment and internal capital/liquidity models and reporting to manager; and
v) based on the above, providing updates on and making improvement recommendations for transactions to senior team members.
As an integral part the growing product team (VCFNA), the candidate will need to be both a good team player as well as be able “get things done”. There will be a learning curve for the candidate to get up to speed on the VCF product suite as well as Rabobank internal processes specific to the role, the candidate is expected to put in the necessary time to learn all aspects of the job with the assistance of resources at hand, including other team members. The candidate will (based on level of experience) have primary responsibility for the transaction management duties of part of the portfolio, the candidate will also be expected to work closely with other Transaction Managers, including provide back-up for each other for business travel etc., and be willing to pitch in as the needs of the business may require.
It is a preference for the candidate to have working experience in wholesale banking, specifically in asset based lending, securitizations, receivable financings, or supplier finance and the associated legal documentation, preferably through a Transaction Management, Execution, Legal or Credit role. The candidate should have excellent communication skills in dealing with external and internal stakeholders and be well suited to work in a hybrid working environment consisting of working from home and in an open floor / dealing room setting in the office.
VCF’s global mandate is to focus on receivable purchase/finance/discounting, inventory finance, portfolio finance, ABL, certain ABS and supplier finance. VCF provides an integrated offering of these products and continues to innovate its product offerings to meet the needs of the bank’s clients. The VCF business ambition is to increase scale and standardization of these product offerings where possible with a clear focus on growing the portfolio in North America and globally.
VCF’s mandate is to focus on securitized asset based lending, receivable purchase/finance/discounting, portfolio finance, inventory and supplier finance, and VCF will look to provide an integrated offering of these products. The VCF business ambition is to increase scale and standardization of these product offerings where possible with a clear focus on growing the portfolio.
Draft internal approval memos and coordinate with stakeholders 20%.
Support client communication and assist with due diligence reviews 20%.
Track and analyze portfolio metrics for internal and management reporting 20%.
Coordinate with legal counsel, review documentation, and support amendment processes 20%.
Ad hoc projects (IT improvements, regulatory impact analysis, etc.) 20%.
Key Relationships: VCF team members, other product groups, Corporate Bank teams, Relationship Managers, Risk Management and Corporate Credit officers, Legal, Credit, Compliance, and Support Departments.
To be considered for the VCF Portfolio and Transaction Manager Associate role, you must have:
Bachelor’s Degree in Finance, Economics, or related field, 4+ years experience.
Experience with securitization, receivables monetization, asset based lending and or supplier finance products.
Relevant Transaction Management, Execution, Credit or Legal experience.
Proactive with positive energy, excellent communication skills, drive, team player, understanding of financial analysis & risk.
Strong technical skills (product knowledge, credit skills, MS office programs).
Willingness to work flexible hours.
Ability to travel regionally, up to 35% of the time.
Legally authorized to work in the United States on a full-time basis. Rabobank is unable to sponsor or take over sponsorship of an employment visa for this position.
Rabobank welcomes employees and applicants from all backgrounds and is committed to fostering an inclusive environment that leverages the diverse strengths of our workforce. This enables us to exceed the expectations of our clients and customers while ensuring a healthy and safe environment for our staff.
We believe your well-being extends far beyond just a paycheck and should encompass your health, happiness, and satisfaction. To meet these needs, Rabobank offers a flexible hybrid working model and continually evaluates and enhances our benefit offerings to ensure they are comprehensive, competitive, and provide you with the options and flexibility you need.
Our employee benefits are focused on four main components:
Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.
Financial Well-Being provides for your Retirement + Savings + Security. We love seeing your retirement plan balance grow just as much as you do! That’s why you can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
Emotional Well-Being ensures your Work + Life balance. We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year). In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities. To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs. (All paid time off is subject to company accrual and carryover policies.)
Workforce Well-Being supports a hybrid working model that offers the flexibility to split your time between home and the office— typically 2 days remote and the remaining days onsite.—promoting both productivity and personal well-being.
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 37 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $678 billion in assets.
In North America, Rabobank is a premier corporate and investment bank to the food, agribusiness, commodities and energy industries in the United States, Mexico, and Canada. Rabo AgriFinance, a subsidiary of Rabobank, is a leading financial services provider for farmers, ranchers and agribusinesses in the United States and Canada. Together, we provide sector expertise, strategic counsel and tailored financial solutions to clients across the entire value chain. Visit www.RabobankNA.com
NY Target Hiring Range: $115,000.00 - $185,000.00
Atlanta Target Hiring Range: $105,000 - $165,000
This position is subject to the terms of [RAF/Rabobank/RDS]’s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to [RAF/Rabobank/RDS] employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.
Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.
At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?
This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.
#LI-Hybrid
Rabobank is a cooperative bank with a mission. Our goal: to help customers realize their ambitions. We serve about 10 million customers in 47 countries. As an international financial institution, we work on the well-being and prosperity of millions of people. In the Netherlands, we serve individual and business customers. Globally, we focus on the food and agriculture sectors. For big or small challenges, in every area, people join forces in search of solutions. Rabobank has been doing this for 125 years, and we will continue to grow a better world together.
As an employer, we support the growth of colleagues every day. At Rabobank, you can work on your own development & shape the world around you. This is reflected in your own development budget, our hybrid work environment, and a good balance between your work and home life. You can work on banking matters for our individual and business customers, as well as on societal issues such as food and energy transitions.
