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Trade Finance Professional job at Exim Bank | Apply Now
Are you looking for Finance Jobs in Uganda 2024? If yes, then you might be interested in Trade Finance Professional job at Exim Bank
Kampala, Uganda
Full-time
Exim Bank (Uganda), commonly known as Exim Bank, is a commercial bank in Uganda. It is one of the commercial banks licensed by the Bank of Uganda, the central bank and national banking regulator.
Trade Finance Professional job at Exim Bank
Exim Bank
Euro Exim Bank, an award-winning and high-performing global financial institution is seeking freelance-based professionals to sell trade finance services to exporters and importers worldwide. If you are truly passionate about sales and have outstanding selling skills, this role could be for you. Main features of the job : Freelance basis only (this is NOT a permanent position) Commission-based pay only (this is NOT a fixed salaried position) Working from home from your country of residence (this is NOT an office-based position) There is NO investment or fee required from you. Your main task is to attract new clients (sales) involved in international trade such as exporters and importers by offering them our trade finance services such as LC (Letter of Credit, SBLC (Stand-by Letter of Credit), BG (Bank Guarantee) necessary for them to trade successfully in the global market. About The Job : Identify opportunities (lead generation) and generate sales from your country of residence. Build and maintain strong customer relationships and assist with all relevant client checks. Review Trade Finance client information in respect of Anti-Money Laundering (AML), Know Your Customer (KYC) and Counter-Terrorism Finance (CTF) requirements. You Must Have : 1+ years of experience in financial consultation, corporate advisory, corporate and institutional banking, business banking, or any related/similar sector Highly accomplished in sales and lead generation Excellent communication and negotiation skills An understanding of KYC, AML, PEPs is advantageous Outstanding academic performance Accuracy, diligence and a high level of attention to detail A mobile phone, a PC with internal or external webcam capability and reliable internet The Remuneration :
All members of our global sales team are given a commission scheme ranging from 6.5% to 15% on successful transaction volumes (terms & conditions apply). Your commission earnings will increase with your performance growth. There is no investment or fee required from you to come on board with us. Additional Benefits : Flexible working conditions such as working-from-home and selected hours Ongoing delivery of high-quality training and trade finance product knowledge Opportunity to learn and develop new skills Live support from our senior management team Expand your professional network by connecting with our professional LinkedIn followers Sales lead help for high performing individuals Powered by JazzHR
Transaction Processing:
Letter of Credit (LC) Processing: Facilitate the issuance, advising, and negotiation of letters of credit (LCs) to ensure compliance with international trade regulations and terms agreed between buyers and sellers.
Documentary Collections: Manage documentary collections by ensuring timely receipt and release of shipping documents against payment or acceptance terms.
Trade Finance Documentation: Prepare and review trade finance documentation, including LC applications, shipping documents, bills of exchange, and certificates of origin.
Risk Management:
Risk Assessment: Assess and mitigate risks associated with trade transactions, including credit risk, country risk, and foreign exchange risk.
Compliance: Ensure compliance with regulatory requirements and internal policies related to trade finance transactions.
Fraud Prevention: Identify and prevent potential trade-related frauds and discrepancies in documentation.
Client Advisory: Provide advice and guidance to clients on trade finance products, services, and solutions that best meet their business needs.
Negotiation: Negotiate terms and conditions with clients, banks, and other stakeholders involved in trade finance transactions.
Conflict Resolution: Resolve disputes and issues related to trade finance transactions in a timely and effective manner.
Financial Analysis and Reporting:
Financial Analysis: Analyze financial statements, credit reports, and other financial data to assess the creditworthiness of trade finance applicants and counterparties.
Reporting: Prepare reports on trade finance activities, performance metrics, and portfolio quality for management and regulatory purposes.
Market Research and Business Development:
Market Analysis: Conduct market research to identify trends, opportunities, and challenges in international trade finance.
Client Acquisition: Identify and acquire new clients, particularly importers, exporters, and trading companies, to expand the trade finance portfolio.
Relationship Building: Build and maintain strong relationships with clients, correspondent banks, and other stakeholders in the trade finance ecosystem.
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SERVICES
COMMERCIAL
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SERVICES
INDUSTRIAL
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SERVICES
RESIDENTIAL
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SERVICES
COMMERCIAL
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SERVICES
INDUSTRIAL
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SERVICES
RESIDENTIAL
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SERVICES
COMMERCIAL
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SERVICES
COMMERCIAL
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SERVICES
COMMERCIAL
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SERVICES
COMMERCIAL
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SERVICES
INDUSTRIAL
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SERVICES
RESIDENTIAL
Education:
Educational Background: Bachelor’s degree in finance, economics, international business, or a related field. A master’s degree (e.g., MBA)or professional certifications (e.g., Certified Documentary Credit Specialist) may be preferred.
Experience:
Professional Experience: Several years of experience in trade finance operations, preferably within a financial institution, bank, or trade finance department of a multinational corporation.
International Trade Knowledge: Deep understanding of international trade practices, regulations (e.g., UCP 600), and trade finance instruments (e.g., LCs, guarantees, collections).
Skills and Competencies:
Financial Acumen: Strong understanding of financial analysis, credit assessment, and risk management principles.
Attention to Detail: Exceptional attention to detail in reviewing and processing trade finance documentation.
Communication Skills: Excellent verbal and written communication skills to interact effectively with clients, stakeholders, and internal teams.
Analytical Skills: Ability to analyze complex financial information and make informed decisions.
Problem-solving Skills: Capacity to identify issues, propose solutions, and resolve problems in trade finance transactions.
Personal Attributes:
Integrity: High ethical standards and integrity in managing confidential information and conducting trade finance transactions.
Customer Orientation: Commitment to delivering excellent customer service and building long-term client relationships.
Team Player: Collaborative approach to working with cross-functional teams and stakeholders to achieve common goals.
Adaptability: Ability to adapt to changing market conditions, regulatory requirements, and business priorities in international trade.
APPLICATION FOR THIS POSITION MUST BE DONE ONLINE:
Are you interested? Click the "APPLY" button below to submit your application.