Job Opportunities

Overall Job Purpose

The Manager, Trade Finance Middle Office will be responsible for: –

  • Support the day-to-day operational activities of Trade Finance unit and ensure trade finance transactions are processed promptly and accurately and within policy guidelines.
  • Trade finance portfolio management – both funded and non-funded facilities.
  • Management of agents to ensure adherence to the terms and conditions and actively monitoring the underlying contracts

Principle Accountabilities

  • Support the day-to-day operational activities of trade finance and ensure transactions are processed promptly and accurately and within policy guidelines.
  • Portfolio management and daily reconciliation of trade finance transactions i.e. guarantees, letters of credit, documentary collections and trade loans.
  • Processing of incoming and outgoing enquiries, instructions, physical documents with clients to fulfil the Service Level Agreement (SLA) standards agreed with internal and external stakeholders.
  • Attend to customers’ queries and advise on trade finance – related matters.
  • Liaise with both internal and external stakeholders i.e. Relationship Teams, Trade Operations, other Operational units and Clients.
  • Focus on transaction execution, facilitating enquiries and servicing clients’ requests, product development and maintenance, as well as reporting.
  • Act as control point to ensure all bank and regulatory requirements are fulfilled and post-transaction monitoring.
  • Ensure adherence to AML/KYC.
  • Provide support to other banking operational functions which include Treasury, Finance, Channels, Customer Service in relation.
  • Daily cash flow management, cash utilization, financing limits, margin calls, cash flow forecast.
  • Regular reports to management on cash positions, limit utilization, efficiency and analysis of costs of utilized lines.
  • Regular challenging of existing credit facilities, verification of commissions and bank charges, improvement of bank charges and costs.
  • Monitoring Performance of the underlying contracts for contract related transactions.
  • Management of agents to ensure adherence to the terms and conditions and actively monitoring the underlying contracts.
  • Coordinating with HFIA in regards to insurance matters such as placing covers and/or claim handling.
  • Ensure smooth deal implementation and while maintaining high levels of service quality.
  • Identify opportunities for cross selling and referrals to other HFC business lines through developing a good understanding of client needs.
  • Ensure customer service issues are addressed to maintain a high level of post sales service

Minimum Qualifications, Knowledge and Experience

  • University degree in a business related field.
  • Master’s degree in a business related field will be an added advantage.
  • Professional Qualifications in Trade Finance.
  • At least 5 years banking experience in Trade Finance Operations and Middle Office.

Key Competencies and Skills

  • Proficient in Microsoft Office applications.
  • Proficiency in Trade Finance Operations/Project Management.
  • Strong appreciation of banking operations, corporate, treasury, retail and transaction banking.
  • Analytical mind and the ability to solve problems.
  • Flexibility and good time management skills.
  • Team Work and Interpersonal skills.
  • Integrity and Professionalism.
  • Communication Skills.
  • Ability to work independently under strict deadlines.
  • Demonstrated good planning and organization skills.
  • Report writing and presentation skills.

Apply Via https://www.hfgroup.co.ke/careers/joblisting/manager-trade-finance-middle-office?utm

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