Trade Finance Executive at Ascentech Services Limited

Ascentech Services Limited is the most sought-after Human Resource Solution Provider with its Head Office in Lagos, Nigeria. We have a reputation for satisfying and surpassing clients expectations through our core offerings: Recruitment and Selection, Outsourcing, Training and Development. To accomplish these we leverage on creating and managing change in organizations by improving efficiency through our proven and dynamic HR solutions.

We are recruiting to fill the position below:

Job Title: Trade Finance Executive

Location: Lagos
Employment Type: Full-time

Job Summary

• We are seeking an experienced and motivated Trade Finance Executivewith 1to 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.

Application Closing Date
12th August, 2024.

Method of Application
Interested and qualified candidates should send their CVs to: [email protected] using the Job Title as the subject of the mail