Trade Finance Analyst

Access Bank PLC; Johannesburg; On-site; ZAR 500,000 - 750,000; Full time

Job summary

Access Bank PLC is seeking a Trade Finance Specialist to support its operations. The ideal candidate will manage trade finance transactions, ensure compliance with various regulations, and contribute to reporting and analysis. This role requires strong analytical and problem-solving abilities, as well as a bachelor's degree in Finance or Economics. Enjoy a competitive financial package and benefits including medical aid and training opportunities.

Benefits

Medical Aid

Provident Fund

Group Life Cover

Income Disability Cover

Funeral Cover

Training & Development

Qualifications

• Bachelor's degree in Finance, Economics, or related field required.
• 3-5 years of experience in trade finance operations.
• Proficient in trade finance systems and SWIFT.

Responsibilities

• Process trade finance transactions including letters of credit and guarantees.
• Ensure compliance with AML, KYC, and international trade regulations.
• Prepare periodic reports on trade finance transactions.

Skills

Attention to detail

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Education

Bachelor's degree in Finance

Bachelor's degree in Economics

Tools

Trade finance systems

SWIFT

Job description

Job Mission / Objective

To support the Trade Finance department by analyzing trade transactions, ensuring compliance with internal and external regulations, and providing key insights and operational support for trade finance products and services

Main Responsibilities

Trade Finance Operations

• Process trade finance transactions including letters of credit, guarantees, and documentary collections.
• Ensure accurate documentation and adherence to regulatory requirements.
• Reconcile trade finance accounts and investigate discrepancies

Client Support and Relationship Management

• Liaise with clients to provide trade finance solutions.
• Provide timely updates and resolve client inquiries

Risk Management and Compliance

• Assess transaction risks and ensure mitigation measures are in place.
• Ensure compliance with AML, KYC, and international trade regulations

Reporting and Analysis

• Prepare periodic reports on trade finance transactions.
• Analyze trade finance performance metrics

Continuous Improvement

• Recommend process improvements.
• Stay updated with market trends and trade finance developments

Requirements

Academic Knowledge:

• Bachelor's degree in Finance, Economics, or related field.
• Proficiency in trade finance systems and SWIFT

Work Experience:

• Minimum of 3-5 years in trade finance operations

Skills / Specialized Know How:

• Strong attention to detail.
• Excellent analytical and problem-solving skills.
• Excellent communication and interpersonal skills

Competencies:

• Innovation
• Entrepreneurship
• Digital Appreciation

Benefits

• Medical Aid
• Provident Fund
• Group Life Cover
• Income Disability Cover
• Funeral Cover
• Training & Development

A competitive financial package and compelling rewards

A competitive financial package and compelling rewards