Officer, Trade Finance

Officer, Trade Finance

Standard Bank Of South Africa Limited | Johannesburg, GT, ZA

Posted 21 days ago

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Business Segment: Corporate & Investment Banking Location: ZA, GP, Johannesburg, Simmonds Street 6 To ensure all specialist trade deals meet transactional requirements aligned to the product specific frameworks / standards, and monitor the trade life cycle to ensure contractual obligations are met and risk is managed. Qualifications Senior certificate Certified Documentary Credit Specialist (CDCS), Certificate in International Trade Finance (CITF), Experience: 4 to 7 years experience with spot transactions, forward exchange contracts, options, swaps, foreign currency accounts, Nostro and Vostro accounts, exchange rates, balance of payments, exchange control, Nostro/Vostro reconciliation, SWIFT concepts and trade finance Experience of Trade products (Letters of Credits – Standby/Commercial/Revolving, Open Accounts), Sanctions/compliance. Identify and understanding risk (financial, reputational, regulatory, credit and documentary risks)as it relates to Letters of Credit and understanding the reporting process Experience in dealing with various stakeholders and managing their expectations. Customer service oriented