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  • Posted: Sep 8, 2021
    Deadline: Not specified
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  • Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Barclays Africa Group Limited is 62.3% owned by Barclays Bank PLC and is listed on the JSE Limited. The Group is one of A...
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    Trade Analyst

    Job Summary

    Responsible for the implementation of Structured and Vanilla Solutions for clients in the Trade Finance area, inclusive of all Trade and Working Capital products and services. This role will manage the interface with the Trade Origination Team, Trade Solution Consultants, client and all internal infrastructure partners to ensure smooth implementation of all solutions, ensuring a high level of service, while managing portfolio risk and maximising account profitability through the correct and timely execution of business and client instructions.

    Job Description

    Our Transactional Banking Trade Finance team is looking for a strong analyst to join their team.

    Your key responsibilities will include:

    • Taking responsibility for all aspects of the NTT client portfolio during the process of getting the portfolio to a “Fit to Lend” state. To provide a high level of service to new clients in the Trade Portfolio and to act as the ‘principal point of contact’ for the NTT client portfolio with respect to the successful implementation of the facility.

    • Developing and managing key relationships with clients, 3rd party service providers, Trade Middle Office staff, Credit , Product Risk, Legal(incl. Transaction Management), Trade Origination, Trade Relationship Management and Structured Trade Solutioning Consultants in order to be able to provide a high level of service to both internal and external stakeholders and to mitigate operational and credit risks during implementation of NTT clients.

    • Promptly and professionally attend to all client, 3rd party service providers and internal Absa stakeholder queries, requests or complaints in a manner that maximises account profitability, client retention and risk management.

    • Conducting pre-implementation meetings prior to the on-boarding of new NTT clients with all relevant stakeholders to proactively troubleshoot any operational or risk issues that may arise in the implementation and to propose and action solutions to resolve any issues

    • Ensuring the client on-boarding process is managed and that advice and training is provided to a level that the client knows how to use the facility and remains compliant to all conditions and covenants of the facility.

    Keen to be part of thee trade team?  Send us your CV if have a B Degree and a minimum of 3 years  experience in Banking, especially Trade Finance or experience in financial modelling. Comprehensive credit knowledge is also key in order to effectively draft new applications and accurately assess credit metrics associated with client reviews.

    Education

    Bachelor`s Degrees and Advanced 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

    Method of Application

    Interested and qualified? Go to Absa on absa.wd3.myworkdayjobs.com to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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