TRADEX Recruitment: Trade Finance Executive

TRADEX Recruitment: Trade Finance Executive

TRADEX seeks for the needs of its activities 01 Trade Finance Framework . 

CATEGORY : 10
INITIAL TRAINING : Baccalaureate +5 in banking, finance, monetary and banking economics, international trade finance
PROFESSIONAL EXPERIENCE : 3 years minimum in the field of trade finance
MAXIMUM AGE : 35 years

ESSENTIAL KNOWLEDGE FOR ACQUIRING THE POSITION

•  Mastery of all instruments related to Trade Finance activity
• Good writing skills
• Mastery of OHADA law on securities
•  Mastery of the body of rules and uniform customs of international practices in terms of guarantees, stand-by letters of credit and documentary credits in the context of international trade (URDG758, RUU600/ISP98) and, mastery of the exchange regulations in force in the CEMAC

STRENGTHS: ability to work on SAP

BEHAVIORAL SKILLS AND PERSONAL CHARACTERISTICS

• Team spirit and initiative
• Cult of excellence
• Listening and communication
• Organization and autonomy
• Ethics
• Direction of analysis
• Rigor

MISSIONS OR REASONS FOR THE POSITION

Placed under the authority of the Head of Treasury and Financing Department, the Trade Finance Executive has the following missions:

• •  Manage and monitor guarantees and sureties/SBLCs issued and received, import and export documentary credits, amendments and releases;
  •  Monitor guarantees of all kinds in close collaboration with operational commercial and legal services;
  •  Monitor and record SBLCs guarantees in the computer system;
  •  Review the texts of SBLC guarantees and documentary credits as well as the associated contractual clauses/contractual documents prior to any issuance request on behalf of the Group’s Business Lines;
  • Analyze and track documents related to documentary credits;
  •  Support subsidiaries in setting up guarantees issued or received, sureties, SBLCs and documentary credits;
  • Analyze and track documents related to documentary credits;
  •  Analyze the financial risks associated with Trade Finance operations and recommend appropriate security solutions;
  •  Negotiate pricing conditions with banks and credit insurers;
  •  Propose process improvement solutions and monitoring tools, write and update applicable procedures;
  •  Support and raise awareness among internal stakeholders in understanding, apprehension of risk and financial management of international trade activities;

•  Write monthly and quarterly reports related to this off-balance sheet activity/commitments; verify and communicate bank charges and monitor commissions linked to guarantees;
•  Control and optimize costs linked to the activity; the interface on aspects related to foreign trade financing during internal and external audit missions;
• Monitor and analyze the financial performance of subsidiaries.

SUBMITTING APPLICATIONS

Deadlines: November 30, 2023

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