21 Oct 2024

Business Development Manager – Trade Finance at Co-operative Bank of Kenya

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Job Description

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Banks Special General Meeting

Business Development Manager – Trade Finance

The successful jobholder will be required to:

  • Innovate & develop new Trade Finance Products to grow the Banks contingent book and non-funded income streams.
  • Develop sales strategy for Structured Trade & Commodity Finance products to meet sales targets in line with overall bank strategy.
  • Align product process flows and the operations manual to achieve quality and efficient standards.
  •  Identify and translate market trends into new Trade Finance opportunities, or re-engineer existing products, in order to generate a profitable business.
  • Originate and structure business deals, through appropriate use of term sheets and capture end-to-end sequence of events to mitigate any inherent risks.Identify general and specific opportunities and threats in order to position Trade Finance products for the overall competitive advantage of the Bank, within the stipulated service level agreements.
  • Collaborate with other business teams in structuring Trade Finance transactions, to ensure that customer needs are attended to in an efficient and timely manner while safeguarding against potential transactional risks.
  • Benchmark with the market to keep abreast with competition and product offerings/service developments. Assess the threat to the business and plan remedial action to maintain a competitive edge for trade products throughout the country.
  • Champion risk approvals for Trade deals, provide risk management of Trade portfolio and Structured solutions to mitigate risk.
  • Provide Relationship Managers/ Business Bankers & Customers continuous trade product knowledge through training, workshop and forums to maximize trade opportunity identification/solutions.
  • Drive overall client satisfaction and service benchmark of trade offering and build customer loyalty.
  • Continually drive and ensure consistent and superior client orientated culture and high-quality service delivery to trade customers.
  •  Implementation and monitoring of KYC and ALM measures in line with the Bank and Regulatory requirements.

Qualifications, Skills and Attributes

The successful candidate will be required to have the following skills, attributes and competencies:

  • A University Degree with ACIB or Equivalent.
  • Knowledge OF UCP 600, URDG 758, URC 522 and Incoterms 2010.
  • Knowledge Of International Trade Rules.
  • Good Negotiating Skills and Strong Analytical Skills.
  • Ability To Package Solutions That Fit Emerging Customer Needs.
  • Ability To Drive Sales and Uptake of Trade Finance Products.
  • Knowledge In Structured Trade & Commodity Finance Products and Services.
  • Ability To Drive Revenue from All the Revenue Streams, Lc Commissions, Guarantee Commission, Interest Revenue and Structuring Fees.
  • Capacity To Ensure Compliance with The Product Credit Policy and Operation.
  • Monitor Product Performance Vs the Target Figure.
  • Team Player Who Can Work with Business Segment to Identify Client Potential and Follow Through To Closure On Approved Lines.


Method of Application

This position presents an excellent step to make highly valuable contributions within a team. If you fit the profile, then apply today! Please forward your application enclosing detailed Curriculum Vitae to

 [email protected] 

indicating the job reference number BDMTF/CIBD/2024 by close of business on 

28th October 2024.





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