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JOB NAME

Export Officer [Gauteng]

POSTED BY: Industrial Development Corporation
REF:IDC 2032
Date Published:Tuesday, January 21, 2025
Date of Expiration:Sunday, July 20, 2025
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LOCATION OF THIS JOB

South Africa | GAUTENG in South Africa

INDUSTRY

DEVELOPMENT FINANCE INSTITUTIONS

JOB TYPE

Full-Time

MAIN JOB DESCRIPTION

Job Number IDC00468
Job Grade A Band
Closing date 30-Jan-2025

JOB DESCRIPTION
To ensure that all loan facilities are managed in a way that no unforeseen losses are incurred and in conjunction with Subsidiaries and Significant Investments and Business Advisory and Turnaround Departments no events of default are condoned

ROLES AND RESPONSIBILITIES
Daily control of the administration of the export finance credits including:
1. Model building to cater for complex financial calculations;
2. Arranging remittance of funds to the exporter or foreign borrower;
3. Arranging spot currency sale / purchase transactions;
4. Management of CFC account in conjunction with Treasury
5. Allocation of proceeds as per g/l codes;
6. Renewal of loans at agreed interest ratess;
7. Loan repayments on correct dates;
8. Operational implementation of loan agreements, on-lending agreements, credit insurance policies and adherence to SARB exchange control approvals;
9. Maintenance of working files and records;
10. Preparation of management reports;
11. Professional liaison with lenders, facility agents, external and internal clients

REQUIREMENTS FOR THIS JOB

QUALIFICATION AND EXPERIENCE
Qualification
Diploma in Banking or any relevant qualification.

Experience
1. Minimum of 2 – 5 years Administrative or Banking experience in a Foreign / Forex Back-office environment.
2. In-depth knowledge of foreign exchange transactions.
3. Exposure to the SAP environment
4. Good understanding of Microsoft Excel.

TECHNICAL/FUNCTIONAL COMPETENCIES
1. Reconciliations Skills
2. Financial Analytical Skills
3. Strong Analytical Skills
4. Planning and Organizing Skills

BEHAVIOURAL COMPETENCIES
1. Deadline driven
2. Problem Solving Skills
3. Good Communication Skills
4. Good Interpersonal Skills
5. Coping with Pressures and Setbacks