Trade Deal Manager at Absa Group Limited (Absa)

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

Apply for this role if you have the following;

• 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)