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Trade Finance Specialist Job Vacancy

Trade Finance Specialist

1 Position

Duty station: Uganda - Tenure up to 3 years

Reporting to: Treasury Manager

Job Purpose: The Trade Finance Specialist is responsible for developing and implementing a Trade Finance development programme that allows the EADB to realize its objectives and achieve growth targets.

The Specialist is required to ensure that optimal risk management procedures and processes are in place and are being implemented.

Duties and Responsibilities

  • Develop and /or review the Trade Finance policy and guidelines for the Bank to align them with developments in the market.
  • Develop Trade Finance products that are operationally efficient, responsive to market dynamics and are in line with the Bank’s objectives.
  • Participate in the computerization of Trade Finance processes to provide efficient services to the clients.
  • 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.
  • 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;
  • Market the product in the region to generate targeted income/revenues from the product;
  • Maintain good relations with the customers and promote cross selling of the Bank’s other products.
  • Participate in debt collection to minimize losses to the Bank
  • Give expert advice to investment officers involved in acquiring and implementing Trade Finance projects.
  • Assist the legal team in drafting documentation for approved Trade Finance projects providing guidance on insurance and taxation requirements.
  • Take responsibility for the quality, profitability and growth of the Trade Finance product;
  • Design and implement Trade Finance training programmes and marketing activities for the Bank including management of associated budgets and costs.
  • Undertake market research, study trends, policies and developments in the member states and timorously advise management on their impact to EADB’s Trade Finance investments.
  • Prepare annual work plan with targets and budgets for the Trade Finance product based on approved annual strategic plan to facilitate own performance management for management’s approval.
Qualifications and Experience
  • Bachelor’s 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;

Other Attributes
  • High level of Integrity
  • Good understanding of taxation laws/regulations in the member states
  • Proven networking ability
  • Attention to detail and customer service orientation
  • Excellent oral and written communication skills
  • Extensive analytical skills as well as problem identification and solving skills
  • Self-driven with the ability to work with minimum supervision
  • Ability to lead teams of experts
  • Results driven

How to Apply:

If you are a national of one of the EADB member states and your career aspirations match these challenging and exciting roles, please submit your application by email, quoting the position on the subject line and the cover letter.

The cover letter should specify your suitability for the position that you are applying for and the CV should highlight relevant experience, details of current and expected salary, a day time phone contact, email address, and the names and telephone contacts of three professional referees.

Applications must be received by close of business Wednesday 21 May 2014 and should be addressed to:

Adept Systems
Management Consultants
P O Box 6416, Nairobi,
GPO 00100

Please note that we do not charge fees for receiving or processing job applications.

Only shortlisted candidates will be contacted.

Previous applicants need not re-apply.

Note that our client reserves the right not to offer or make any appointments or to offer appointments to alternative positions where deemed appropriate.

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