A Financial Institution looking for qualified candidate to fill the following position of:
Job Title: Export and Commodity Financing Specialist
Job Description
- To ensure the timely issuance of Trade Finance instruments to ensure that the team is not accountable for any losses as a result,
- Mark-to-Market of various storage positions
- Handling structured or unstructured deals ranging from reviewing and examining the bay and sell details to ensure consistency with the Letter of Credit terms and contractual terms, matching of export LC terms against the import LC terms analyzing their risks, issuing of import LC supported by export LC or open account sales till its final settlement
- Training of other team members and new hire in their handling of daily operation
- Managing Company’s’ linen
- Ensure securities (LCS, Payment Undertaking, Banks Risk Cover, Insurance) in place and in order before allowing to load/discharge cargo
- Managing risk through internal limits, insurance companies and banks
- Monitoring credit exposures and mitigating transaction risks,
- Working closing with traders, operations, contract’s team and counter parties in securing/ complying so as to mitigating risks.
- Ensuring timely issuing of L/C’s/Bank Guarantees/Parent Guarantee for the firm’s purchase or sales
- Presentation of documentations via LC through the banks.
- Manage the payment process in order to ensure that payments are made on time and secure and queries relating to payments get sorted
- Manage the borrowing with the firm’s banks to ensure we maximize our liquidity and
Qualifications/Requirement
- University decree with at least 3 years in Export financing and commodity financing. MBA is an added advantage
- Facing off to the business and clients
- Ideally with knowledge of Trade Finance Instruments
- In depth knowledge of Risks associated with export financing and commodity financing.
Preferred Skills, Knowledge and Characteristics
- Strong effective communicator in writing, business presentations end in interpersonal communication.
- Highly developed, demonstrated teamwork skills.
- Demonstrates a high degree of confidentiality and unusual common sense.
- Sound Credit Judgment
- Able to direct the efforts of a team of diverse human resources professionals.
- Demonstrated ability to increase productivity and continuously improve methods, approaches, and departmental contribution while being cost-sensitive. Commitment to continuous learning.
- Ability to do business plans, cashflow analysis, financial, modeling etc.
- Demonstrated ability to see the big picture and provide useful and strategic advice and input across the company and on the senior executive team.
- Ability to lead is an environment of constant change.
- Experience working in a flexible, employee empowering work environment. Structured or large company experience will not work here.
- Familiarity and skill with the tools of the trade in human resources including HRIS, Microsoft Office suite of products, file management, and benefits administration.
- Experience in organization development and change management
Application Closing Date
25th March, 2013
Method of Application
Qualified candidates should send their resume to:
opportunities001@yahoo.com