Consultant Bonds Guarantees

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

Are you passionate about delivering world-class service, ensuring regulatory compliance, and driving operational excellence? Join our dynamic Trade Operations team as a BGI Consultant and play a pivotal role in processing and managing Bank Guarantee Instruments (BGIs) for our valued clients. As a BGI Consultant, you will be responsible for the end-to-end processing of local and foreign BGIs, ensuring accuracy, compliance, and timely delivery.

Job Description

As a BGI Consultant, you will be responsible for the end-to-end processing of local and foreign BGIs, ensuring accuracy, compliance, and timely delivery. Your key responsibilities will include:

• Transaction Processing & Verification

  • Manage the full lifecycle of BGI transactions, including establishment, amendments, payments, claims, and cancellations.

  • Ensure technical accuracy, completeness, and compliance with internal and external regulations.

  • Liaise with Credit, Legal, Exchange Control, and other stakeholders for necessary approvals.

  • Coach team members to enhance performance and accuracy.

• Regulatory Compliance & Risk Control

  • Maintain up-to-date knowledge of FICA, Exchange Control, Trade Sanctions, and other relevant regulations.

  • Ensure all transactions are processed in line with governance and risk frameworks.

• Customer Service Delivery

  • Deliver exceptional service aligned to the Customer Value Proposition (CVP).

  • Resolve client queries efficiently and escalate complex issues appropriately.

• Reporting

  • Track and report on productivity, turnaround times, and potential risks or losses.

• Stakeholder Management

  • Collaborate with internal and external stakeholders to enhance client solutions and support business objectives.

• Experience & Education:

  • Minimum 5 years' experience in Local or Foreign Guarantees.

  • Strong understanding of international trade products and services.

• Skills & Competencies:

  • Analytical and numeracy skills

  • Planning and organisational abilities

  • Adaptability and resilience

  • Strong interpersonal and customer service orientation

  • Commitment to compliance and operational excellence

Education

Higher 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

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