Trade Deal Manager

7 days ago

Johannesburg, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- 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

In this role you will deliver and administer all procedures pertaining to the processing of Trade Finance related products and services as received from Trade Sales/ Trade Middle Office and post fit for processing checks and within required SLAs. This includes but is not limited to Documentary Trade Products, Open Account and Working Capital, BGIs (Bonds, Guarantees and Indemnities and Institutional Trade Products, Product Distribution, Syndication, and Insurance.

**Job Description**:
Further key accountabilities include;
- Fulfilling all functions relating to reconciliations, settlements, monitoring, stakeholder management and reporting requirements.
- Performing the deal and transaction management function for Trade Finance products
- Managing the interface with front office, middle office and back office and all internal infrastructure ( Credit, Agents) partners to ensure a smooth client experience during the lifecycle of the deal.
- Providing training and support and manage the account on-boarding service to new clients
- Ensuring that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Absa Policies and Policy Standards
- Understanding and managing risks and risk events (incidents) relevant to the role
- A relevant Degree or Diploma
- A Certified Documentary Credit Specialist (For FI and Documentary Trade)
- At least 3 to 5 years’ experience in Trade Finance with specific knowledge of Letters of Credit, Documentary Collections, Trade loans, international payments, Swift and Bank-to-Bank Reimbursements. Knowledge of trade syndications would be an advantage.

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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