Uganda Development Bank Ltd (UDBL) Career Opportunities – Trade Finance Officer

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Organisation: Uganda Development Bank Ltd (UDBL)
Duty Station: Kampala, Uganda
Reports to: Manager Business Development
About UDBL:
Uganda Development Bank Ltd (UDBL) is the country’s only Development
Finance Institution (DFI) established in 1972. The Bank has recently
re-positioned itself as a partner to the Government of Uganda in delivering the
theme of its National Development Plan.
Job Summary: The Trade
Finance Officer acts as a central support to the trade finance front office and
Business Development team in structuring & execution of trade finance deals
including, issuance of trade instruments, transactional support,
reconciliations, collateral management and trade settlements.
Key Duties and Responsibilities: 
  • Perform all trade finance operational
    functions of the Bank and coordinate with other units to ensure smooth
    execution of day-to-day trade finance activities in an effective and
    efficient manner.
  • Actively participate in structuring and
    documentation of all trade finance deals, and perform compliance checks
    prior to disbursements.
  • Initiate, review and implement all
    collateral management agreements with collateral mangers.
  • Co-ordinate with monitoring,
    implementation and recoveries unit constantly to ensure compliance with
    loan covenants.
Qualifications, Skills and
Experience: 
  • The ideal candidate for the aforementioned
    banking job should hold a first degree preferably in Commerce/
    Economics/Finance/Business studies or any other relevant course with a minimum
    of a second class lower;
  • Possession of a relevant postgraduate or a
    trade finance related professional qualification like CDCS or CITF, CSDG
    would be an added advantage.
  • At least three to six years’ cognate
    experience in trade finance operations in a busy environment preferable
    within a financial institution.
  • Good working knowledge of ICC rules such
    as UCP 600, URDG and URC and ISP 98;
  • Comprehensive knowledge and understanding
    of field ware housing, collateral management and ware house receipt system;
  • Good credit analytical skills; good
    presentation skills;
  • Possess the ability to work with minimum
    supervision; passion/self-motivation;
  • Ability to work under pressure
How to Apply:
If interested in working in the banking sector with Uganda Development
Bank Ltd (UDBL), please send or deliver your application which should include
an up-to-date curriculum vitae, photocopies of academic documents and contact
addresses of three professional referees to the Director, Human Resources &
Administration, 1st Floor Wing B, Rwenzori Towers, Plot 6 Nakasero Road. P.O.
Box 7210, Kampala. Uganda.
NB: Any form of canvassing shall lead to
automatic disqualification.
Deadline: Friday 28th March, 2014 by 5:00pm

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