Trader Trade Finance at Absa Group Limited (Absa)

Job Summary

• We are seeking a highly skilled Specialist Trader to support our Trade Finance team in the execution and management of all foreign currency and ZAR funding requirements for Trade Finance products executed on Front Arena. This includes Open Account Finance, STCF, and FI Products. The ideal candidate will work closely with Product, Origination, and Operational teams to ensure seamless execution of financing processes, optimal funding structures, and adherence to regulatory requirements.

Job Description

Key Responsibilities:

Trade Portfolio Management:

• Assist in structuring products and addressing specific funding needs while ensuring financial transactions, policies, and procedures align with corporate objectives and regulatory standards. 
• Report daily PnL in Odyssey, assist with onboarding new clients onto Front Arena, and maximize optimal funding structures for Trade Finance. 
• Highlight potential risks or opportunities to the Trade Product team, liaise with Operations, Origination, and Product teams for seamless deal execution, and ensure administrative tasks are completed through regular MI reporting.

Leadership:

• Ensure correct processes are followed for raising Trade Finance deals and flag any risks to Product immediately.

Research:

• Continuously scan local and international markets to stay abreast of trends and activities, informing opportunities for new or enhanced products and services.
• Conduct market analysis to gather market intelligence and inform future strategies.

Stakeholder Management:

• Develop and maintain strong relationships with internal and external business partners.

Education and Experience Required:

• B Degree in Finance or Commerce or equivalent NQF level 6 qualification.
• 3 years’ experience in a Corporate Banking environment.

Knowledge & Skills:

• Strong analytical ability and technical concentration, including market pattern analysis.
• Knowledge of Trade Finance products.
• Creative thinking and ability to apply it to operations.
• Knowledge of Front Arena.
• Understanding of various elements of funding a Trade Finance transaction and optimizing it for the business.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)