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Job Title: Trade Finance Specialist
Supervisor:
Treasury Manager
Organisation: EAST
AFRICAN DEVELOPMENT BANK
Location: Uganda
Contract Duration:
three (3) years
Reference number:
EADB/TFS/2013
Job summary
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.
Key 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 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.
Organisational positioning
TradeFinanceSpecialist
Academic and
professional qualifications
Bachelor’s Degree
in Commerce, Finance, Economics, Mathematics, or other quantitative or science
degree in a related field; and
Relevant
postgraduate degree in Business, Finance, Accounting or related fields.
Experience and other
requirements
·
At least five (5) years’ experience undertaking
successful Trade Finance transactions in East Africa or Southern Africa and/or
the rest of Africa is mandatory;
·
Minimum of five (5) years as a manager of a
Trade Finance Unit or department with a bank and possession of demonstrable
capacity for leadership;
·
High level of structuring and credit analysis
skills experience;
·
Experience of risk management in relation to
Trade Finance, commodity finance, cash-flow based lending and/or and treasury
operations;
·
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; and
·
International exposure will be an added
advantage.
Additional skills
·
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 your career aspirations match these challenging and
exciting roles, please write in confidence quoting the position title on the
subject of the email or cover letter on or before Monday 22nd July 2013.
Applications, including your curriculum vitae, a working e-mail address,
daytime telephone contacts, qualifications, experience, present position,
current remuneration, names and addresses of three referees should be sent to
esdeadb@kpmg.co.ke. All applications should be sent online by email. Applicants
for all positions must be nationals of the EADB Member States except where
expressly indicated. Applicants who had earlier applied for re-advertised
positions should not apply for the same positions.
Applicants will be
required to address the following information directly to KPMG:
1) A reference letter from their immediate past employer.
2) A character reference from an individual who has known
the applicant for at least 3 years.
The EADB reserves the right not to offer or make any
appointments, and to offer and make appointments on other terms and conditions.
Successful candidates should be ready to assume duty before 1 October 2013.
EADB will only contact applicants being considered for an
interview.
