JOB NAME |
Trade Finance Officer (1041) [Nairobi, Kenya]
POSTED BY: Trading and Development Bank
REF:TDB 2010
Date Published:Tuesday, October 8, 2024
Date of Expiration:Saturday, December 7, 2024
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LOCATION OF THIS JOB |
Kenya | NAIROBI in Kenya |
INDUSTRY |
DEVELOPMENT FINANCE INSTITUTIONS
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JOB TYPE |
Full-Time |
MAIN JOB DESCRIPTION |
Requisition ID 1041 Posted 10/03/2024 Closing 31 October 2024 Department Lending Operations Duty Station Nairobi, Kenya.
BACKGROUND Established in 1985, the Eastern and Southern African Trade and Development Bank Group (TDB Group) is a multilateral, treaty-based, investment-grade development finance institution, with 41 sovereign and institutional shareholders and assets of approximately USD 10 billion. TDB Group currently serves 25 economies in eastern, southern, and western African regions, with the mandate to foster trade, regional economic integration, and sustainable development. For more information, visit www.tdbgroup.org. TDB aims to attract and retain exceptionally talented professionals by offering a conducive working environment and attractive salaries and benefits. In line with its growth strategy, TDB is looking for self-motivated and results-oriented professionals to join a team committed to building a world class financial institution aimed at promoting trade, economic development and regional integration. Interested and qualified candidates who are nationals of TDB's member states are therefore invited to apply for the subject position.
JOB SUMMARY The Trade Finance Officer is responsible for identification of trade finance proposals, credit evaluation, risk management and mitigation, recommendation on structuring of appropriate facilities in adherence to institutional risk/return requirements; support the Portfolio Management Department with monitoring the performance of the portfolio and marketing the Bank's conventional/structured trade finance products.
RESPONSIBILITIES The Trade Finance Officer performs the following duties: 1. Structure suitable transactions/clients and identify suitable counterparties (collateral managers, trade finance insurers, etc.) and financing partners/agent banks in case of syndication/co-financing. 2. Financial analysis and due diligence on all transactions to ensure quality control. 3. Prepare and analyze credit proposals for trade finance facilities for funding by the Bank. 4. Establish and maintain strategic relations with clients at senior management level of the Bank's existing and prospective partners and stakeholders. 5. Produce periodic technical and financial progress reports on trade finance facilities under their supervision. 6. Support the Coverage teams where required to seek new business opportunities in the region to ensure a good pipeline of transactions is achieved. 7. Undertake product development and marketing initiatives and develop client base using contacts, experience and relationships to pursue trade finance opportunities. 8. Prepare board papers, ALCO reports, and partake as a member of committees or taskforce.
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REQUIREMENTS FOR THIS JOB |
QUALIFICATIONS AND COMPETENCIES 1. A Master's degree in Business Administration, Accounting, Banking, Finance, or Economics with relevant professional qualifications as added advantage. 2. A minimum of 5-8 years of professional experience and proven track record in a Commercial/Development Banking or Financial institution environment with sound knowledge of Structure Trade and Commodity Finance Products. 3. Robust knowledge of the regulatory environment in the Bank's operating region as it relates to Structured Trade and Commodity Finance Products with excellent knowledge of professional and industry standards. 4. Strong financial analysis and accounting skills. 5. Results oriented individual with excellent written and communication skills with proven ability to rapidly produce quality reports and ability to work in a multicultural setting. 6. Proven organizational, problem solving and decision-making skills with the ability to build partnerships, work in multinational teams, deliver results and management client relationships. 7. Proficiency in the use of computer programs including MS Office applications. 8. Fluency in English is a requirement. Knowledge of another official language of TDB Group's member states (French or Portuguese) would be an added advantage.
Duty Station The duty station is Nairobi, Kenya.
Application Procedure Interested and qualified candidates should express their interest by submitting their applications by 31 October 2024. Application package should include a cover letter, resume, academic and professional certificates, full contact address, and three reference names and addresses. Please note that only shortlisted candidates will be contacted for further processing. TDB is an equal opportunities employer. Female candidates are strongly encouraged to apply.
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