AD

ADS

Monday 23 June 2014

Trade Finance Supervisor,Career Opportunity in Uganda, at Centenary Bank, Jobs in Uganda,



 Bank Jobs at Centenary Bank,Uganda Jobs, 
Position Title:Trade Finance Supervisor
Reports to: Manager, International
Organization: Centenary Bank’,Jobs in Uganda,
Primary Location:  Kampala
Job Type : Full-time Employment
Grade/Scale  :     OF4-B
No of positions             :   1
Closing date: 4th July  , 2014

Role  :
 To Supervise all procedural functions and processing duties related to-
Import L/Cs, Export L/Cs, Local L/Cs, Guarantees, Inward and outward Bills for Collection,  Trade Loans and related tasks.
Key Result Areas:
1.      Receive all Import L/C applications and ensure collateral available before forwarding to the Trade Finance Officer for processing in equinox, trade finance module and swift and their issuance in accordance with the Latest UCP version and within agreed Service Level Agreements.
2.      Receive all Export letters of credit and Local letters of credit and related documents, check and verify all the documents before courier to the beneficiary bank.
3.      Receive and review all applications for Guarantees before forwarding them to the Trade finance officer for processing and issuance in accordance with Uniform Rules for Demand Guarantees and the corresponding ICC Publication number and follow up with legal department to ensure their timely closure.
4.      Receive and review all applications received under Documentary collection (for both export and import collections), and follow up for timely processing.
5.      Authorise all processed L/CS, guarantees and collections within set authorisation limits in Equinox, trade finance and SWIFT.
6.      Undertake daily, weekly and monthly reconciliations of the trade finance suspense accounts; make statistical analysis of all the requests received & processed and generate monthly reports on the overall performance in trade finance.
7.      Monitor and diarize all trade finance products processed and drawings to be made as per set maturity dates, make daily updates and submit weekly reports in line with the Division work plan.
8.      Follow up and ensure non acceptance or payment of bills for collection is sent to the remitting bank in case the bill remains unaccepted or unpaid for two weeks after receipt or maturity in compliance with Bank of Uganda regulations.
9.      Follow up with all correspondent bank queries in regards to trade finance products to ensure timely and appropriate responses are made, and ensure that all Bank charges and commissions are collected as per the tariff guide on all transactions so that no income leakages are registered in line with Bank regulations.
10.  Manage performance and development of subordinate staff in line with identified needs and HR policy.
11.  Ensure that Trade forex commitment is reviewed for accuracy and submitted to the regulator (Bank of Uganda) within agreed Service Level Agreements.
Qualifications and Experience:
·          A Bachelor degree, preferably in a business related course.
·         A minimum of at least 3 years cognate experience in Trade Finance in a busy environment preferably a financial institution.
Skills and Competences:
·         Good knowledge in Trade Finance products namely; Letters of Credit, documentary collections and Guarantees.
·         Superior Knowledge of SWIFT
·         Excellent Supervisory and Management skills
·         Well versed with ICC rules namely UCP600, URDG and URR725 among others.
·         Good Credit analytical skills
·         Self-driven with a high level of confidentiality
·         A good team player  who pays special attention to detail
·         Excellent communication and presentation skills
·         Ability to work under pressure
Mode of Application:
If you are interested in joining a dynamic team in a fast-paced work environment and meet fully the requirements above, please;
a.       Download an application  for employment form  above
b.      Fill the form and enclose an application letter, updated Curriculum Vitae (CV), plus copies of all academic credentials, testimonials and contact details of three competent referees.
c.       Submit  your  application not later  than 5.p.m  Friday  4th July  , 2014 to:
If you are qualified and interested in   please submit your resume online by visiting the e-recruitment website HERE.

start counter