Deal Maker Specialised Finance C

2 weeks ago


Durban, KwaZulu-Natal, South Africa FirstRand Full time
About us, purpose, experience and qualifications

about us:

- make a promise
- be deeply invested
- value our differences
- build trust, not territory
- have courage
- always do the right thing

purpose:

  • The purpose of this role is to ensure client frontline engagement in order to drive sales of Trade and Working Capital solutions by acquiring, executing, retaining and expanding business. The role is accountable for achieving sales targets through the execution of a defined origination and sales plan, originating and structuring deals, following due diligence, paying out and managing the client on an ongoing basis.

experience and qualifications:

  • Minimum Qualification
  • Relevant Bcomm degree


Experience
  • Minimum of 5 to 10 years experience in Credit and Lending
    additional requirements:
  • 5 to 10 Years proven track record in a Specialised Trade-related environment either in Banking (Foreign Exchange/Trade), Import/Export business or shipping.
  • Thorough knowledge and understanding of foreign exchange, hedging instruments, exchange control, advance/credit aspects and securities.
  • Thorough knowledge and experience in Letters of Credit (Transferable, BacktoBack), Guarantees, Bills of Exchange and other trade finance instruments.
  • Clear knowledge and understanding of bank's credit ethics and procedure Thorough understanding of the INCOTERMS and the implications and responsibilities for all parties.
  • Clear working knowledge of options and futures and how they operate.
  • Clear understanding of the logistics/performance issues in terms of trade transactions e.g., transport issues, freight forwarding, clearing, marine insurance etc.
  • Working knowledge of credit underwriting agencies e.g., CGIC, AIG, CUAL etc.
  • Thorough knowledge and experience of Escrow accounts, Collateral Management Structures, Italian Rebate, Scheme, Debtor Financing and Supply Chain Solutions

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