Trade Finance Executive

1 month ago


Lagos, Lagos, Nigeria Ascentech Services Limited Full time
  • We are seeking an experienced and motivated Trade Officer with 2 to 3 years of experience in the banking sector to join our dynamic team.
  • The ideal candidate will have a strong understanding of trade finance products and services, excellent analytical skills, and the ability to build and maintain relationships with clients.
  • The Trade Officer will play a crucial role in facilitating international trade transactions, ensuring compliance with regulatory requirements, and providing exceptional service to our clients.

Key Responsibilities:

  • Manage and process import and export letters of credit, documentary collections, and guarantees.
  • Evaluate trade-related documentation to ensure compliance with bank policies and regulatory guidelines.
  • Develop and maintain strong relationships with clients, providing high-quality support and advice on trade finance products.
  • Identify clients' needs and recommend appropriate trade finance solutions to facilitate their international transactions.
  • Conduct thorough risk assessments of trade transactions, ensuring that all necessary due diligence is completed.
  • Monitor ongoing transactions for compliance and resolve any issues that may arise.
  • Stay updated on market trends, trade regulations, and changes in international trade policies that may affect clients.
  • Provide insights and recommendations on trade-related developments to both clients and internal stakeholders.
  • Work closely with internal departments, including credit, compliance, and operations, to ensure smooth execution of trade transactions.
  • Liaise with external partners, such as trade associations and financial institutions, to enhance service delivery and business opportunities.

Qualifications:

  • Bachelor's degree in Finance, Business Administration, International Trade, or a related field.
  • 2 to 3 years of experience in trade finance or a related role within the banking sector.
  • Strong understanding of trade finance products, including letters of credit and guarantees.
  • Excellent analytical, organizational, and problem-solving skills.
  • Proficient in relevant banking software and Microsoft Office Suite.
  • Strong interpersonal and communication skills, with the ability to work effectively in a team environment.
  • Knowledge of international trade regulations and compliance requirements is a plus.


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