Quality Consultant - Total Quality Management - Centurion

Access Bank Plc; Gauteng; On-site; ZAR 300 000 - 600 000; Full time

Job summary

An established industry player is seeking a Trade Finance Specialist to manage and execute trade finance transactions effectively. This role involves processing letters of credit, guarantees, and ensuring compliance with regulations while providing exceptional client support. The ideal candidate will have a strong background in trade finance operations, with at least 5 years of experience in the banking sector. You will be responsible for maintaining accurate records, improving processes, and training junior team members. Join this dynamic team and contribute to enhancing operational efficiency in a fast-paced environment.

Benefits

Medical Aid

Provident Fund

Group Life Cover

Income Disability Cover

Funeral Cover

Training & Development

Qualifications

• 5+ years of experience in trade finance operations or banking.
• In-depth knowledge of trade finance products and regulatory requirements.

Responsibilities

• Manage and execute trade finance transactions including letters of credit.
• Ensure compliance with regulatory requirements and internal policies.

Skills

Trade Finance Transaction Processing

Compliance and Risk Management

Client Support and Communication

Documentation and Record Keeping

Process Improvement

Analytical Skills

Training and Development

Team Collaboration

Education

Bachelor's degree in Business, Finance, or Economics

Tools

Trade finance software

Banking systems

Job description

Job Mission / Objective
The Trade Finance Specialist will be responsible for managing and executing trade finance transactions, ensuring the efficient processing of trade finance products and services.

Main Responsibilities

1. Transaction Processing
   Process and manage trade finance transactions, including letters of credit, guarantees, documentary collections, and supply chain finance.
   Ensure timely and accurate processing of trade finance documents and transactions.
2. Compliance and Risk Management
   Ensure all trade finance transactions comply with regulatory requirements and internal policies.
   Identify and mitigate risks associated with trade finance operations.
   Conduct due diligence and compliance checks on trade finance transactions.
3. Client Support
   Provide exceptional support to clients regarding trade finance products and services.
   Resolve client inquiries and issues promptly and professionally.
   Assist clients with the preparation and submission of trade finance documentation.
4. Coordination and Communication
   Coordinate with internal teams, including relationship managers, credit, and risk management, to ensure seamless transaction processing.
   Communicate effectively with external stakeholders, including clients, correspondent banks, and regulatory authorities.
5. Documentation and Record Keeping
   Maintain accurate and up-to-date records of all trade finance transactions.
   Ensure proper documentation and filing of trade finance documents.
6. Process Improvement
   Identify opportunities for process improvements to enhance operational efficiency and service delivery.
   Implement best practices and standard operating procedures for trade finance operations.
7. Reporting and Analysis
   Prepare and present regular reports on trade finance operations, including transaction volumes, processing times, and compliance metrics.
   Analyze operational data to identify trends and areas for improvement.
8. Training and Development
   Provide training and support to junior team members on trade finance processes and best practices.
   Stay updated on industry trends, regulatory changes, and new trade finance products and services.

Requirements

1. Academic Knowledge
   Bachelor's degree in Business, Finance, Economics, or a related field.
2. Work Experience
   Minimum of 5 years of experience in trade finance operations or a similar role within the banking industry.
   In-depth knowledge of trade finance products, services, and regulatory requirements.
   Strong understanding of international trade practices and documentation.
   Excellent attention to detail and accuracy in processing transactions.
   Strong analytical, problem-solving, and decision-making skills.
   Excellent communication and interpersonal skills.
   Ability to work independently and collaboratively in a fast-paced environment.
   Proficiency in using trade finance software and banking systems.
3. Competencies
   Innovation, Entrepreneurship, Digital Appreciation.
4. Skills / Specialized Know How
   Trade Finance Transaction Processing, Compliance and Risk Management, Client Support and Communication, Documentation and Record Keeping, Process Improvement, Analytical Skills, Training and Development, Team Collaboration.

Benefits
Medical Aid, Provident Fund, Group Life Cover, Income Disability Cover, Funeral Cover, Training & Development.