Ship Banker
Nature of the Work
As a Shipping Finance Analyst / Associate, you will provide a wide range of shipping finance services to maritime companies. You may later choose to specialize in:
• Corporate finance
• Debt
- Senior and subordinated debt
- Structure debt finance
- Export and project finance
- Bilateral, club and syndicated loans
• Merger & acquisition
• Advisory and risk management solutions
Typical employers include:
• Financial institutions or banks offering ship financing
• Maritime companies
Working Conditions
Working hours are usually normal office hours. You may be required to work outside office hours to network with clients or meet deadlines. You may be required to travel as shipping is a global and dynamic industry.
Qualification, Training and Advancement
It is preferred if the individual has:
• A degree in finance, business or accountancy, AND/OR
• Knowledge and experience of the transport/shipping sector.
Possible advancements or lateral movements include:
• Management of ship financing desks in financial institutions
• Research analysts
• Credit risk managers, finance managers or CFOs in maritime companies
Personal characteristics & Core competencies
You should possess the following key traits:
• Analytical
• Determined and proactive
• Good interpersonal and communication skills
• Able to work under stress and adhere to tight deadlines
Job availability
Shipping finance analysts / associates are in demand due to the growth in trade and the consequent high demand for ships to transport the cargo.
Earnings
Starting pay ranges from $2,500 to $3,000, with competitive bonuses depending on performance.