Are you an experienced and confident banker seeking a challenging role in the International Settlement Field
We have an exciting opportunity for you!
The Trade Finance Officer is responsible for the of the Bank s trade transactions. The Officer will deliver an efficient effective comprehensible and reliable solution for every stage of a customer s trade value chain to support their local and international activities. The officer will also provide the necessary support required to perform the remittance activities in the Bank and liaise with money transfer operators on behalf of the Bank.
Responsibilities include:
- Form M initiation and approval
- Establishment amendment and payment of Letters of credit SBLCs and Guarantees
- Initiation of Bills for Collection transactions
- Liaising with CBN for operational issues resolution
- Processing of export transactions
- Treasury product settlement and reconciliation
- Reconciliation of accounts (Nostro Settlement transit etc.
- Confirmation and acceptance of transactions on appropriate applications
- First level Processmaker Approval for Trade related transactions
- FX inflow and outflow processing
- Manage relationship with Webfontainne on the CBN portal
- Processing and collection of custom duty revenue
- Correspondent Bank account management
- First level invisibles payment approval
- First level Bills for collection approval
- Treasury operations settlement
- Review receipt release and processing of shipping documents & PreArrival Assessment Report
Requirements
- Bachelors degree in Business Finance or related field
- Good knowledge of the CBN FX manual on all international settlement transactions
- Good knowledge of relevant manuals regulations publications circulars and guidelines on Treasury Products
- Minimum experience 3 years relevant banking experience.
- Confidence and proficiency in commercial banking operations
- Strong analytical and problemsolving skills
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
If you meet these qualifications and are ready to take your career to the next level we invite you to apply for this exciting opportunity.
Benefits
Whats in it for you
- Limitless Growth.
- Positive and Inclusive Work Environment.
- Tailored Rewards and Recognitions.
- Continuous learning environment.
- Health and Wellness Benefits.