Trade Deal Manager

Absa Bank Limited; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A local bank with regional expertise is seeking a skilled Trade Deal Manager in Johannesburg. This role involves processing Trade Finance products, managing client transactions, and ensuring compliance with regulatory requirements. Candidates should have 5-8 years of experience in Trade Finance with relevant qualifications including a degree and CDCS certification. This position offers the opportunity to contribute to the bank’s commitment to excellent client service and collaboration in a dynamic team environment.

Qualifications

• 5 to 8 years related experience in Trade Finance.
• Bachelor's degree or advanced diploma in Business, Commerce, or Management studies.

Responsibilities

• Process client instructions for Trade Finance products within agreed SLAs.
• Provide high-quality service and communication to clients.
• Ensure active management of governance and risk controls.

Skills

Reconciliations

Settlements

Stakeholder management

Transaction management

Strong communication

Education

Degree or Diploma in Business, Commerce or Management

CDCS – Certified Documentary Credit Specialist

Job description

Overview

Empowering Africa’s tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

We are seeking a skilled individual to fill the role of Trade Deal Manager. The successful candidate will deliver and administer all procedures related to the processing of Trade Finance products and services, perform deal and transaction management, and provide training and support to new clients. This role will manage the interface with front, middle, and back office, as well as internal infrastructure partners. The candidate must ensure full compliance with regulatory requirements and internal policies. If you have experience in reconciliations, settlements, monitoring, and stakeholder management, we encourage you to apply.

Responsibilities

• For All Trade Finance Products: Process client instructions within agreed Service Level Agreement (SLA).
• Check that all information received is in accordance with the required standards and that all client requests are clearly understood and the impact thereto.
• Ensure all processes and controls are executed in line with the documented procedure guides (Excon, BOP, exchange rates).
• Ensure all Fit to Lend approvals (Credit, legal, Product) are in place and transaction requests are Fit for purpose / Fit for processing to ensure successful processing.

• Client and Services: Provide a high quality of service to all clients within agreed SLAs.
• Ensure high quality of communication to internal and external clients, both verbal and written.
• Ensure that all compliments and complaints are logged on the required system.

• Governance Risk and Control: Ensure adherence to quality standards to avoid risks to the Bank through effective & efficient management of transactions.
• Draw Day End listings and action accordingly to ensure that all work received is and actioned on the same day.
• Review and monitor all office suspense accounts to ensure that there is a debit for every credit within 48 hours and that the reconciliation has a nil balance.

• Innovation and Change: Provide suggestions to the line manager on improvements and solutions based on knowledge of the trade value chain.

Education and Qualifications

• Degree or Diploma with 5 to 8 years related experience in Trade Finance.
• CDCS – Certified Documentary Credit Specialist (For FI and Documentary Trade).

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required).

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised