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Manager, Trade Finance Middle Office Jobs

1 month ago   Jobs Offers   Nairobi   62 views

0.0 star

Location: Nairobi

Job Description/RequirementsHFC Limited, an integrated property and financialsolutions provider has an exciting opportunity in our RetailBanking Division. We are seeking for talented, dynamic, self-driven andresults oriented individual who is committed to performance excellenceand participating in our growth strategy.Manager, Trade Finance Middle OfficeReporting To:Head – Trade FinanceOverall Job PurposeThe Manager, Trade Finance Middle Office will be responsible for: -Support the day-to-day operational activities of Trade Finance unitand ensure trade finance transactions are processed promptly andaccurately and within policy guidelines.Trade finance portfolio management – both funded and non-funded facilities.Management of agents to ensure adherence to the terms and conditions and actively monitoring the underlying contracts.Principle AccountabilitiesSupport the day-to-day operational activities of trade finance andensure transactions are processed promptly and accurately and withinpolicy guidelines.Portfolio management and daily reconciliation of trade financetransactions i.e. guarantees, letters of credit, documentary collectionsand trade loans.Processing of incoming and outgoing enquiries, instructions,physical documents with clients to fulfil the Service Level Agreement(SLA) standards agreed with internal and external stakeholders.Attend to customers’ queries and advise on trade finance - related matters.Liaise with both internal and external stakeholders i.e.Relationship Teams, Trade Operations, other Operational units andClients.Focus on transaction execution, facilitating enquiries and servicingclients’ requests, product development and maintenance, as well asreporting.Act as control point to ensure all bank and regulatory requirements are fulfilled and post-transaction monitoring.Ensure adherence to AML/KYC.Provide support to other banking operational functions which include Treasury, Finance, Channels, Customer Service in relation.Daily cash flow management, cash utilization, financing limits, margin calls, cash flow forecast.Regular reports to management on cash positions, limit utilization, efficiency and analysis of costs of utilized lines.Regular challenging of existing credit facilities, verification ofcommissions and bank charges, improvement of bank charges and costs.Monitoring Performance of the underlying contracts for contract related transactions.Management of agents to ensure adherence to the terms and conditions and actively monitoring the underlying contracts.Coordinating with HFIA in regards to insurance matters such as placing covers and/or claim handling.Ensure smooth deal implementation and while maintaining high levels of service quality.Identify opportunities for cross selling and referrals to other HFCbusiness lines through developing a good understanding of client needs.Ensure customer service issues are addressed to maintain a high level of post sales service.Minimum Qualifications, Knowledge and ExperienceUniversity degree in a business related field.Master’s degree in a business related field will be an added advantage.Professional Qualifications in Trade Finance.At least 5 years banking experience in Trade Finance Operations and Middle Office.Key Competencies and SkillsProficient in Microsoft Office applications.Proficiency in Trade Finance Operations/Project Management.Strong appreciation of banking operations, corporate, treasury, retail and transaction banking.Analytical mind and the ability to solve problems.Flexibility and good time management skills.Team Work and Interpersonal skills.Integrity and Professionalism.Communication Skills.Ability to work independently under strict deadlines.Demonstrated good planning and organization skills.Report writing and presentation skills.Application Deadline12th July,2021

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