Trade Finance Officer at Optimus Bank

Optimus Bank is a digital-driven financial service platform built with a bold ambition of offering optimum banking experiences to millions of customers globally.

We are recruiting to fill the position below:

Job Title: Trade Finance Officer

Location: Lagos
Job Type: Full -Time

Job Description

• The Trade Finance Officer is responsible for the execution of the Bank’s trade transactions.
• The Officer will deliver an efficient, effective, comprehensible, and reliable solution for every stage of a customer’s trade value chain to support their local and international activities.
• The officer will also provide the necessary support required to perform the remittance activities in the Bank and liaise with money transfer operators on behalf of the Bank.

Responsibilities

• Form M initiation and approval
• Establishment, amendment, and payment of Letters of credit, SBLCs and Guarantees
• Initiation of Bills for Collection transactions
• Liaising with CBN for operational issues resolution
• Processing of export transactions
• Manage relationship with Webfontainne on the CBN portal
• Processing and collection of custom duty revenue
• Correspondent Bank account management
• First level invisibles payment approval
• First level Bills for collection approval
• Treasury operations settlement
• Review, receipt, release, and processing of shipping documents & Pre-Arrival Assessment Report.
• Treasury product settlement and reconciliation
• Reconciliation of accounts (Nostro, Settlement, transit etc.)
• Confirmation and acceptance of transactions on appropriate applications
• First level Processmaker Approval for Trade related transactions
• FX inflow and outflow processing

Requirements

• Bachelor's Degree in Business, Finance, or related field
• Good knowledge of the CBN FX manual on all international settlement transactions
• Good knowledge of relevant manuals, regulations, publications, circulars, and guidelines on Treasury Products
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team.
• Minimum experience – 3 years relevant banking experience.
• Confidence and proficiency in commercial banking operations

Method of Application
Interested and qualified candidates should:
Click here to apply