Centenary Bank, the leading Commercial Microfinance Bank in Uganda seeks to recruit suitably qualified, experienced and competent persons in the following fields;
Trade Finance Officer (1)
Reports to: Manager, International Department
Role: To implement strategies for utilization of Trade Finance products and services across portfolios line with the banks business plan.
- Receive all inward / Export and outward / Import Letters of Credit, construct SWIFT messages on all new outward LCs and Promptly collect charges , advise parties on the maturity of bills and maintain record in line with bank policy.
- Receive and Maintain an updated register for all Local letters of credit (LCs), advise the beneficiaries (customers) on new LCs / amendments and credit customer accounts when the reimbursing bank sends payment within one working day;
- Check Trade Finance documents to ensure conformity to terms & conditions of the contract and Trade Finance regulations.
- Generate report metrics capturing business volumes, values, commissions and trends across all Trade Finance products.
- Liaise with Business Growth department to implement Trade Finance Product and sales plan in line with the bank’s business plan.
- Conduct training and sensitization on trade finance products to bank staff, customers and potential customers in line with the bank work plan and the training calendar.
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Requirement:
- Honour's Degree in Commerce, Business Administration, Economics, Statistics and other relevant courses from a recognized University.
- 3 years experience in trade finance related activities in a banking environment,
- Knowledge of Key Risks and internal controls in a Banking environment.
- Strong knowledge of trade finance products,
- Strong communication and Interpersonal skills
- Understanding trade finance regulatory requirements.
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