DFCU Bank Senior banking officer - Trade finance operations Jobs in Uganda
DFCU Bank Senior banking officer - Trade finance operations Jobs in UgandaJob Purposethe role holder is charged with the responsibility of reviewing and authenticating of back office activities of the Trade Finance products i.e. Letters of Credit, guarantees, Bills and forward contracts in accordance with regulatory and operating guidelines to minimize risk and prevent fraud.
Verification and authorization of all trade transactions and documentation, including Import and Export transactions, Letters of Credit, guarantees, Import/Export bills, Contract Finance, Forwards, and all the other Trade Finance products
Oversee the performance of due diligence checks on the Trade documentation prior to execution of transactions.
Prepare Drafts and Trade Finance documents e.g. Letters of Credit, guarantees, etc. in accordance with the operating guidelines.
Proactively review, investigate and clear any reconciliation items on Nostro, LCs and Guarantees (cash and non-cash covered).
Administer and monitor Trade Finance products by carrying out the various processes at the different stages in the life cycle of these products as well as keeping customers and the business informed at every stage.
Receive and resolve customer queries in the trade finance operations within the agreed timelines and the mutual satisfaction of all parties.
Compliance with the set service standards and escalation of any exceptions
Identifying process gaps and implementing process Improvements in Trade Operations whilst minimizing risk.
Escalation though incident of any process gaps that result into potential or actual operational losses to the Trade Finance and Financial Markets Operations Manager.
Develop Trade Finance Operations officers in the unit through training, mentoring and coaching.
Spearhead the implementation of the initiatives to improve process improvements in the unit
Identify and reporting suspicious activity in line with the AML/CFT, KYC programs in and the bank policies / regulatory framework.
Prepare and submit regulatory reports and any other month end report to regulators and other related parties.
Qualifications, Experience and Competencies required
Bachelor’s degree required in Commerce, Accounting or Business Statistics or another field
Trade Certification (ACI)
A minimum of 4 years working in Bank Operations preferably Trade finance operations
Up to date knowledge of current Trade finance and Back Office operating practices and procedures.
Up to date knowledge of compliance matters, including KYC, AML, and CFT issues.
Ability to supervise, train staff, including organizing, prioritizing, and scheduling work assignments.
General awareness of risk management practices
Conversant with SWIFT Operations
Insight into the rules and regulations that govern Trade Finance
The ability to engage with all the key stake holders in and out of the organization.
Excellent interpersonal and communications skills
Proactive approach to work with a high level of maturity and self-drive
Strong problem-solving skills
High level of integrity and ethical standards
Employee development and Performance management skills.
Strong skills at relationship building
How to Apply
For more information and job application details, see; DFCU Bank Senior banking officer - Trade finance operations Jobs in Uganda
Find jobs in Uganda. Jobs - Uganda jobs. Search our career portal & find the latest Ugandan job positions, career opportunities & jobs in Uganda.
Jobs in Uganda - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Uganda.
Find your dream job from 1000s of vacancies in Uganda posted and updated daily - click here!
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Job Vacancies in Africa.