East African Development Bank (EADB) Jobs: Trade Finance Specialist

Recruitment of Contract Staff and Individual Consultants
The East African Development Bank (EADB) is a development finance institution whose mandate is to promote sustainable development in its Member States. The Bank’s shareholders are Kenya, Uganda, Tanzania and Rwanda.
Other shareholders include the African Development Bank (AfDB), the Netherlands Development Finance Company (FMO), German Investment and Development Company (DEG) and other international financial institutions.
The Bank seeks to recruit competent, professional, experienced individuals committed to the development of East Africa to fill the following positions:
Trade Finance Specialist
1 position Up to 1 year (renewable) tenable in Kampala, Uganda
Reporting to: Head of Operations
Scope: The Trade Finance Specialist will be responsible for developing and implementing a trade finance development programme that allows the EADB to realize its objectives and achieve growth targets. The Specialist will be required to ensure that optimal risk management procedures and processes are in place and are being implemented.


Specific duties will include the following:


  • Identify opportunities for risk participation and take action to turn such opportunities into concrete business transactions;
  • Support the development of an appropriate risk distribution model that safeguards the bank against trading losses, whilst optimizing revenue;
  • Develop trade finance products that are operationally efficient, responsive to market dynamics and are in keeping with institutional objectives;
  • Establish relationships and maintain active contact with local and international banks active in trade finance;
  • Research the inter-bank market and trade transactions risk premiums to determine pricing and manage risks in the portfolio;
  • Undertake due diligence appraisals of issuing banks and prospective clients to identify solutions for trade finance;
  • Respond under tight deadlines to requests for trade finance support by structuring, negotiating and completing transactions; and
  • Plan and design, training, programmes, marketing activities and road-shows for the Bank’s trade finance related activities.
Minimum Qualifications and Experience
  • Bachelors Degree in Commerce, Finance, Economics, Mathematics, or other quantitative or science degree in a related field;
  • Relevant postgraduate degree in Business, Finance, Accounting or related fields;
  • High level of structuring and credit analysis skills experience;
  • At least five years experience undertaking successful trade finance transactions in East Africa or Southern Africa and/or the rest of Africa is mandatory;
  • Minimum of five years as a manager of a Trade Finance Unit or department with a bank and possession of demonstrable capacity for leadership;
  • Experience of risk management in relation to trade finance, commodity finance, cash-flow based lending and/or and treasury operations are required;
  • Proven track record and substantive experience in concluding major transactions, including import loans, ECA, pre -export finance and structured receivables financing ; applying expertise in analyzing complex and unusual transactions;
  • Ability to deal sensitively in multi-cultural environments and build effective working relations and colleagues;
  • Ability to operate effectively across organizational boundaries and work as team to meet strict timelines;
  • Experience of working with a large financial institution, or multilateral organization is required; and
  • International exposure will be an added advantage;
The Trade Finance Specialist position is open to qualified applicants from Member States. The Bank may exceptionally consider applicants for the same position from non-Member States on a consultancy basis or secondment basis for a period not exceeding 12 months. Staff of multilateral development finance institutions and international organisations are particularly encouraged to apply.
If your career aspirations match these challenging and exciting roles, please email your application quoting the relevant job title by 17 hours Local time on 21st June 2010 to Executive Selection Division, KPMG Uganda  at the following email address: esd@kpmg.co.ug.
Please attach your CV containing an e-mail address, daytime telephone contact, qualifications, experience, present position, names and addresses of three referees. All applications should be sent via email.
New Contracts may be concluded after expiry of the preceding contract subject to exigencies of the service and mutual agreement of the parties.
Applicants should be nationals of the EADB member states unless otherwise indicated. Only short listed applicants will be contacted. The Bank reserves the right to make an alternative offer or no offer at all.