Job Title: Trade Finance
Specialist
Specialist
Organisation: East
African Development Bank (EADB)
African Development Bank (EADB)
Duty Station: Uganda
Reports to: Treasury
Manager
Manager
About EADB:
The East African Development
Bank (EADB) is an international development finance institution, whose mandate
is to promote the sustainable economic development of East Africans.
Shareholders of the EADB are Uganda, Kenya, Tanzania, Rwanda, the African
Development Bank (AfDB), and other international financial institutions.
Bank (EADB) is an international development finance institution, whose mandate
is to promote the sustainable economic development of East Africans.
Shareholders of the EADB are Uganda, Kenya, Tanzania, Rwanda, the African
Development Bank (AfDB), and other international financial institutions.
Job Summary: The Trade
Finance Specialist is responsible for developing and implementing a Trade
Finance development programme that allows the EADB to realize its objectives
and achieve growth targets. The Specialist is required to ensure that optimal
risk management procedures and processes are in place and are being
implemented.
Finance Specialist is responsible for developing and implementing a Trade
Finance development programme that allows the EADB to realize its objectives
and achieve growth targets. The Specialist is required to ensure that optimal
risk management procedures and processes are in place and are being
implemented.
Key Duties and Responsibilities:
- Develop
and /or review the Trade Finance policy and guidelines for the Bank to
align them with developments in the market. - Develop
Trade Finance products that are operationally efficient, responsive to
market dynamics and are in line with the Bank’s objectives. - Proactively
participate in the computerization of Trade Finance processes to provide
efficient services to the clients. - Identify
opportunities for risk participation and take action to turn such
opportunities into concrete business transactions. - Technically
support the development of an appropriate risk distribution model that
safeguards the bank against trading losses, whilst optimizing revenue. - Establish
relationships and maintain active contact with local and international
banks active in Trade Finance. - Research
the inter-bank market and trade transactions risk premiums to determine
pricing and manage risks in the portfolio. - Undertake
due diligence appraisals of issuing banks and prospective clients to
identify solutions for Trade Finance. - Quickly
respond under tight deadlines to requests for Trade Finance support by
structuring negotiating and completing transactions; - Market
the product in the region to generate targeted income/revenues from the
product; - Maintain
good relations with the customers and promote cross selling of the Bank’s
other products. - Participate
in debt collection to minimize losses to the Bank - Offer
expert advice to investment officers involved in acquiring and
implementing Trade Finance projects. - Assist
the legal team in drafting documentation for approved Trade Finance
projects providing guidance on insurance and taxation requirements. - Take
responsibility for the quality, profitability and growth of the Trade
Finance product; - Design
and implement Trade Finance training programmes and marketing activities
for the Bank including management of associated budgets and costs. - Undertake
market research, study trends, policies and developments in the member
states and timorously advise management on their impact to EADB’s Trade
Finance investments. - Prepare
annual work plan with targets and budgets for the Trade Finance product
based on approved annual strategic plan to facilitate own performance
management for management’s approval.
Qualifications, Skills and Experience:
- The
applicant should hold a Bachelor’s Degree in Commerce, Finance, Economics,
Mathematics, or other quantitative or science degree in a related field; - Relevant
postgraduate degree in Business, Finance, Accounting or related fields; - High
level of structuring and credit analysis skills experience; - Five
or more years’ experience undertaking successful Trade Finance
transactions in East Africa or Southern Africa and/or the rest of Africa
is mandatory; - At
least five years’ experience as a manager of a Trade Finance Unit or
department with a bank and possession of demonstrable capacity for
leadership; - Past
exposure and experience of risk management in relation to Trade Finance,
commodity finance, cash-flow based lending and/or and treasury operations
are required; - Proven
track record and substantive experience in concluding major transactions,
including import loans, ECA, pre-export finance and structured receivables
financing; applying expertise in analyzing complex and unusual
transactions; - Ability
to deal sensitively in multi-cultural environments and build effective
working relations and colleagues; - Ability
to operate effectively across organizational boundaries and work as team
to meet strict timelines; - Experience
of working with a large financial institution, or multilateral organization
is required; and - International
exposure will be an added advantage; - High
level of Integrity - Good
understanding of taxation laws/regulations in the member states - Proven
networking ability - Attention
to detail and customer service orientation - Excellent
oral and written communication skills - Extensive
analytical skills as well as problem identification and solving skills - Self-driven
with the ability to work with minimum supervision - Ability
to lead teams of experts - Results
driven
How to Apply:
If you are a national of one of
the EADB member states and your career aspirations match the aforementioned job
role, please send your application via email, quoting the position on the
subject of the email or cover letter. The
cover letter should specify your suitability for the position that you are
applying for and the detailed CV should highlight relevant experience, details
of current and expected salary, a day time phone contact, email address, and
the names and telephone contacts of three professional referees.
the EADB member states and your career aspirations match the aforementioned job
role, please send your application via email, quoting the position on the
subject of the email or cover letter. The
cover letter should specify your suitability for the position that you are
applying for and the detailed CV should highlight relevant experience, details
of current and expected salary, a day time phone contact, email address, and
the names and telephone contacts of three professional referees.
The applications should be
addressed to:.
addressed to:.
Adept Systems,
Management Consultants,
P O Box 6416, Nairobi, GPO
00100
00100
Deadline: Wednesday 21 May 2014
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