Recent Job Vacancies In A Leading Commercial Bank

Oscar Temple - Our client, a leading & highly reputable Commercial Bank in Nigeria is looking to fill the position below:     Job Title: Trade Finance Officer, Consolidated FX Bids & Allocation Location: Lagos Target Grade: BO -SBO Job Details

• Ideal candidate is to provide Support for the Preparation and management of Customer FX allocation consolidated bids for the entire bank through CBN Retail, Wholesale, I&E window and other autonomous sources.

• Responsibly for the Review of daily FX blotter and debiting of respective customer accounts   and crediting of suspense account accordingly.
• Drive Improvement of internal processes that will ensure quality of bid schedules so as to mitigate against duplication or excess bid, reduce overall inefficiencies.
• Responsible for the review & Investigation of CBN accounts & open items.
• Rendition of relevant reports on FX allocations processed
• Responsible for the engagement of Relationship Managers on unfunded accounts and follow through to regularization.
• Drive Implementation of management policies and operating practices and ensure they are strictly adhered to.
• Drive efficient process that will ensure strict adherence/compliance to internal policies & procedures, local exchange control rulings and international standard/best practices in all products

• A Good First Degree (BSc). Relevant Master’s Degree and Other Professional Qualification Will Be an Added Advantage
• Minimum of 4 years’ experience in banking operations, the last 2 of which must be in Foreign Operations’ functions, Trade Services and Finance.
• Firm understanding of CBN & ICC regulations
• Process / project management experience will be an added advantage

• Ideal candidate is to lead the Letter of Credit, Negotiation & Payment Team, Import Trade Facility (ITF) team and Trade Finance teams as well as ensuring operational efficiency & effectiveness bank wide for Corporate, Commercial & Retail banking Groups to drive trade volume & revenue growth.

• Lead a trade business Operations and a team of trade professionals in foreign operations
• Oversee trade Finance, Processes, Product and Risk Management.
• Trade operation and Financial Institutions
• Structured Trade and Commodity Finance
• Banking transaction processes relevant to products and services offered to customers

• A Good First Degree (B.Sc.)/Master’s Degree and Other Professional Qualification Will Be an Added Advantage
• Minimum of 7 years’ experience in banking/Foreign Operations’ functions, Trade Services and Finance.