Junior Operations Specialist, Trade Finance

Absa Group; Sandton; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading financial institution in South Africa is seeking a junior Ops specialist to manage operations within the IBD Fulfilment team. The candidate will ensure compliance with departmental policies and optimize business-critical processes. Ideal applicants should have experience in foreign exchange, reconciliations, and trade finance. Competitive benefits and career growth opportunities are offered.

Qualifications

• Minimum 2 years’ experience in foreign exchange.
• Minimum 1 year exposure to reconciliations function.
• 3 years’ experience in Trade finance/documentary trade.

Responsibilities

• Manage all elements of operations ensuring departmental policies are followed.
• Accountable for developing a culture of continuous improvement.
• Prepare and verify transactions adhering to standards.
• Ensure timely processing and actioning of transactions.
• Verify and release trade documentation.

Skills

Knowledge of International Chamber of Commerce rulings

UCP 600 Uniform Customs Practices

ISBP International Standard Banking Practice

URR 725 Uniform Rules for Reimbursements

ISP 98 Rules on international stand-by practices

URR 528 Uniform rules for bank-to-bank reimbursement

URC 522 Uniform rules for documentary collections

INCO terms 2000 ICC rules for interpretation of trade terms

Knowledge of regulatory and statutory requirements

Analysis of verbal and numerical data

Education

Grade 12/ NQF Level 4

Higher Diplomas: Business, Commerce and Management Studies

Job description

A leading financial institution in South Africa is seeking a junior Ops specialist to manage operations within the IBD Fulfilment team. The candidate will ensure compliance with departmental policies and optimize business-critical processes. Ideal applicants should have experience in foreign exchange, reconciliations, and trade finance. Competitive benefits and career growth opportunities are offered.