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Senior Trade Finance Specialist for Corporate Banking
1 month ago
Job Title: Senior Trade Finance Specialist for Corporate Banking
About the Role:
We are seeking an experienced Senior Trade Finance Specialist to join our team on a 2-month contract in Johannesburg.
Key Responsibilities:
- Conduct reconciliations, including margin, collateral, and cash cover, to ensure accurate financial reporting.
- Resolve reconciliation issues promptly and effectively.
- Manage internal controls to mitigate operational losses and ensure compliance with regulatory requirements.
- Take ownership of audit responsibilities, ensuring that all processes and procedures are up-to-date and compliant.
- Liaise with Global Markets and Trade Finance Operations to facilitate deal approval by committee.
Requirements:
- Degree: Matric or equivalent qualification.
- Trade Qualification: CDCS or related certification.
- Bachelor's Degree: BComm or equivalent qualification.
- Minimum 3 years' experience in corporate banking, specifically in global market reconciliations.
- In-depth knowledge of trade services, open account, back-to-back, trade loans, exchange control, and escrow.
- Strong understanding of reconciliation mechanics and balance sheet substantiation.
- Familiarity with ISO 9001 and advanced Excel skills.
- Excellent stakeholder management and communication skills, with attention to detail.
- Candidate must be available immediately for new employment and have a clear criminal record and credit record.
- Reference checks will be conducted upfront to verify the candidate's track record.
Estimated Salary: R150,000 - R200,000 per annum (dependent on experience) based on market rates for similar positions in Johannesburg.
