The Trade Finance Manager is responsible for reviewing and monitoring operational activities relating to trade finance. He/She directs report preparation and Management Information Systems (MIS) relating to trade finance activities. He/She negotiates with financial institutions on the organisation's need for credit facilities.
He/She works closely with trading teams to understand trade flows, and ensure timely securitisation of financing or risk underwriting. He/She is analytical, possesses effective communication skills and is good at managing diverse groups of local and global stakeholders.
The Trade Finance Manager reviews and monitors trade finance operations. He/She directs report preparation and Management Information Systems (MIS) on trade finance activities. He/She negotiates with financial institutions on the organisation's need for credit facilities.
In depth knowledge with export finance (LC/DA/DP), documentary collection, trade credit, factoring, supply chain finance, or forfaiting.
In depth knowledge with documetation (BLs, SO, PO, marine insurance)
Tasks
- Develop corporate governance measures.
- Develop financing strategies to ensure trades are financed.
- Develop trade record guidelines and policies to promote efficiency and compliance.
- Drive better use of trade facilities.
- Evaluate latest technology trends that can be leveraged to improve productivity and innovation.
- Evaluate organisation's positions based on performance reports to minimise exposure risks.
- Implement department's recruitment and retention efforts.
- Inspect trade documents to maintain compliance with terms.
- Manage daily transactional requirements to optimise trade finance applications and working capital requirements.
- Manage financial budget in accordance with department's work plans.
- Monitor portfolio exposures to identify areas for growth and over-exposed areas.
- Propose department's financial budget for management approval.
- Provide on-the-job training for and performance evaluation of subordinates.
- Review trade clearing and settlement processes to ensure all accounts are updated and transfer of money is arranged.
- Review workplace technology approaches based on feedback.
