Purpose

The role holder ensures timely and efficient customer service delivery and revenue generation, while safeguarding the bank’s interest in prevention of money laundering, potential litigations and losses.

Primary Responsibilities

• Review and validate instructions according to bank and international trade guidelines, seeking clarity from customers when needed.
• Perform Trade Finance Compliance and due diligence checks following established procedures.
• Collaborate with various departments (Relationship Managers, Credit Administration, legal, Treasury) to facilitate transaction processing.
• Draft, initiate, and amend Letters of Credit and Guarantees, considering customer preferences and terms.
• Process documentary collections (import/export) and manage outward/inward foreign cheques.
• Handle Supply Chain Finance instructions and bills discounting.
• Manage lodging, acceptance, and payment of bills, coordinating with Business Development and Treasury.
• Provide trade finance advice to external clients and internal bank staff.
• Correspond with counterpart banks and respond to their queries.
• Confirm issued guarantees with external parties, including government bodies and large corporations.
• Prepare reports of outstanding liabilities for internal and external stakeholders.
• Monitor Nostro Statements, reconcile accounts, and clear trade-related items as needed.

Person Specifications

• Bachelor’s Degree in Business, Economics or related field.
• Over a years’ relevant experience in a similar role in a similar sized organisation.
• A Trade Related Certification.