Key Accountabilities
Accountability:
Operational Plan [ 35%]
- Keeping and maintaining proper and accurate records of all
commodities taken as collateral for lending to clients under the
Structured Trade Finance portfolio.
- Processing of client product release requests including
checking the documentation and preparation of release orders.
- Reconciliation of records relating to commodities held under
collateral management against balances and scheduled reports from
collateral managers.
- Prepare and implement Stock Monitoring or Collateral
Management Agreements as outlined in the Facility Agreements to ensure the
Bank’s security is monitored and still valuable.
- Support the day-to-day operational activities of trade finance
and ensure transactions are processed promptly and accurately and within
policy guidelines
- Processing of incoming and outgoing enquiries, instructions,
physical documents with clients to fulfil the Service Level Agreement
(SLA) standards agreed with internal and external stakeholders.
- Attend to customers’ queries and advise on trade finance –
related matters including generating drafts for LCs and Guarantees
- Act as control point to ensure all bank and regulatory
requirements are fulfilled Pre- and post-transaction monitoring.
- Liasing with Legal department on drafts not within the bank
approved format
Accountability: Portfolio Management & Monitoring [30%]
- Monitoring the Bank’s Structured Trade Finance portfolio to
ensure adherence to approved terms and conditions as set out in the
relevant term sheets.
- Custody and maintenance of term sheets for all Structured
Trade Finance facilities.
- Portfolio management and daily reconciliation of trade finance
transactions i.e. guarantees, letters of credit, documentary collections
and trade loans.
- Periodic monitoring and supervision of facilities to ensure
borrower is adhering to the terms and conditions outlined in the facility
agreement.
- Deliver financial targets for the Trade business in the
countries, whilst positioning the Bank’s trade products revenue growth for
medium term.
- Manage Cost-to income ratios for the business to ensure they
are aligned with the countries objectives.
- Price deals appropriately in order to ensure the
attractiveness of the deal to FI clients and that the return is
commensurate with the risk and that the bank’s return is maximized.
- Obtain adequate credit facilities and support in set up of
appropriate credit lines for local & foreign banks on best terms
ensuring that the bank achieves a same day TAT for setting up Limits.
Accountability:
Quality Assurance and compliance [20%]
- Carry out periodic compliance updates to ensure the documents
under file are up to date and the bank is still covered when availing funds/instruments
to the clients.
- Develop in-depth understanding of the trade business [trends
& threats], the local economic/regulatory drivers and ensure all
transactions have an updated risk profile.
- Assist in the implementation of internal and external audit
recommendations related to portfolio management.
- Build and maintain a productive and strategic trade products
relationship with local trade Customers in our presence /non-presence
market and other parts of the world in order to drive the development and
delivery of trade business for the bank.
- Champion the delivery of consistent, seamless and trusted
customer service to ensure business retention and support from relevant
stakeholders including financial institutions.
- Responsible for driving all the Trade business tactical
strategies including all the initiatives identified in the Trade Strategy
& the Financial Institution Trade Products Papers.
- Responsible for Trade products reviews and enhancement.
Accountability:
Business Delivery[15%]
- Follow up on settlement of fees, commission and interest to
ensure there is no income leakage on all trade related transactions.
- Gather and maintains market intelligence relevant to the
Bank’s Structured Trade Finance business and share with the relevant stake
holders, sales teams, product teams etc.
- Focus on transaction execution, facilitating enquiries and
servicing clients’ requests, product development and maintenance, as well
as reporting.
- Participate in external trade forums/seminars to enhance the
bank’s visibility as a “Go To” Trade Bank.
- Identify impediment to booking trade deals and resolve with
the assistance of interrelated areas in the bank to ensure the deals in
the pipeline are booked.
- Provide input to product development and design of marketing
and sales materials founded on understanding of Trade client’s needs,
trends, and current operational environment.
Accountability:
Stakeholders Management [10%]
- Regular physical inspection of warehoused commodities under
the Structured Trade portfolio.
- Liaise and maintain good working relationship with both
internal and external stakeholders i.e., Relationship Teams, Trade
Operations, Legal, other Operational units and Clients embedded on good
ethics and collaboration.
- Seek out relevant local and global partners to ensure that
trade business delivers the relevant and holistic business proposition.
- Manage skills training and knowledge transfers within the
team, including Intra & inter teams training and knowledge transfer
within the business segments.
- Transfer and sharing of the best practice to ensure the teams
receive appropriate training and development opportunities.
- Ensure we adhere to a high performing organisation profile and
that the necessary tools are in place to maximise the ability of our
people.
Qualifications
Education and experience
- B Degree in Commerce or equivalent
- Post graduate degree preferable
- 3 to 8 years’ experience in banking, Risk Management,
Credit/portfolio Analysis, or Middle or Back-office roles in Trade
related.
- Proven track record in Financial Institution business either
as a Product Manager or a Relationship Manager
- Knowledge & Skills
- Strong analytical skills
- High quality written and verbal communication and presentation
skills
- Excellent interpersonal skills
- Time Management
- Networking
- Enthusiasm and high level of drive
- Competencies
- Personal and interpersonal skills
- Positive attitude
- Technical knowledge
- Commercial effectiveness
- Control Environment
- Management and Leadership
How
To Apply
