Trade Deal Manager


Bring your possibility to life! Define your career with us With over years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary In this role you will be responsible for delivering and administering all procedures pertaining to the processing of Trade Finance related products and services as received from Trade Middle Office post fit for processing checks and within required SLAs. This will include but is not limited to Documentary Trade Products, Open Account and Working Capital, BGIs (Bonds, Guarantees and Indemnities) and Institutional Trade Products Job Description Your Key Accountabilities will include; Fulfilling all functions relating to reconciliations, settlements, monitoring and reporting requirements. Performing the deal management function for Trade Finance products Managing the interface with front office, middle office and back office and all internal infrastructure partners to ensure a smooth client experience during the lifecycle of the deal. Assisting with accounting & reporting of products together with substantiation Providing training and support and manage the account on-boarding service to new clients Processing client instructions within agreed Service Level Agreement (SLA) Checking that all information received is in accordance with the required standards. Validating and obtaining an exchange rate where necessary Providing a high quality of service to all clients within agreed SLAs Ensuring a high quality of communication to internal and external clients, both verbal and written. Ensuring that all compliments and complaints are logged on the required system. Ensuring adherence to quality standards to avoid risks to the Bank through effective & efficient management of transactions. Drawing Day End listings and action accordingly to ensure that all work received is and actioned on the same day. Reviewing and monitoring all office suspense accounts to ensure that there is a debit for every credit within 48 hours and that the reconciliation has a nil balance. Providing suggestions to the line manager on improvements and solutions based on knowledge of the trade value chain. Set own personal development goal objectives and completed all required actions in order to achieve. Send in your application if you have the relevant experience as well as; A B Degree 5 to 8 years experience in Trade Finance, Open Accounts as well as BGI Education Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of , preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised
Company
ABSA Group
Posted
05/05/2022
Location
Johannesburg, GT, ZA