Process Development
Scrutinize LC documents of substantial amount including confirmed LC documents before effecting payments in order to compliance with policy and procedure.
Review acceptability of terms on LC confirmation/Back to Back LC/Risk participation applications before their issuance in order to have duly control
Responsible to approve TI transactions that requires approval to enable continuation of trade transactions and ensuring within approved limit assigned.
Authorizes and releases Manual Swift Messages generated in order to deliver the process in time.
Ensures FID approval is obtained before taking on Bank’s risks transaction in order to compliance with policies and procedures
Monitoring daily Banks exposures and limits for trade transactions to ensure that business is not exposed to undue risk.
Checking and signing availment ticket proposals for trade transactions in order to define any anomalies or discrepancies
Data Collection / Filing
Maintain proper daily records of both Import & Export transactions in TI plus for daily & monthly reporting.
To maintain proper records of all trade finance transactions handles and warehousing of old records.
Ensure all closed / processed transactions documents are completed
Ensure proper maintenance of recording of old records sent to warehouse
Ensure hand deliveries (documents) are correctly & timely dispatched
Ensure a smooth and effective back-up of counter staff duties
Participate in ad hoc projects and other tasks as assigned
Risk Management & Compliance
Ensures AML/CFT screening of parties are cleared before processing transactions
Adherence to all laws ( including trade) , regulations, policies & procedures & KYC/AML /CFT Compliance
Customer Service
Managing trade business relationship with customers to ensure customers satisfaction is delivered
Minimum qualifications:
Diploma in banking & Finance or Business
Minimum experience:
5 years related experience
