Officer, Trade Finance at Standard Bank Group

JOB DESCRIPTION

To ensure all specialist trade deals meet transactional requirements aligned to the product specific frameworks / standards, and monitor the trade life cycle to ensure contractual obligations are met and risk is managed.

QUALIFICATIONS

• Senior certificate 
• Certified Documentary Credit Specialist (CDCS),    
• Certificate in International Trade Finance (CITF),   

Experience:

• 4 to 7 years experience with spot transactions, forward exchange contracts, options, swaps, foreign currency accounts, Nostro and Vostro accounts, exchange rates, balance of payments, exchange control, Nostro/Vostro reconciliation, SWIFT concepts and trade finance
• Experience of Trade products (Letters of Credits – Standby/Commercial/Revolving, Open Accounts), Sanctions/compliance. 
• Identify and understanding risk (financial, reputational, regulatory, credit and documentary risks)as it relates to Letters of Credit and understanding the reporting process
• Experience in dealing with various stakeholders and managing their expectations. Customer service oriented

ADDITIONAL INFORMATION

Competencies:

• Generating Ideas
• Providing Insights
• Adopting Practical Approaches
• Developing Expertise
• Examining Information
• Documenting Facts
• Interpreting Data
• Challenging Ideas