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Trade Finance Officer Kampala

Posted by Uganda Development Bank Ltd Private Central
  • Company: Uganda Development Bank Ltd
  • Experience: 2 - 5 years
  • Studies: Bachelor
  • Category: Banking - Finance
  • Contract: Permanent
  • Salary: Over 100.000 / month (USh)
Job DescriptionUganda Development Bank Ltd (UDBL) is the country’s only Development Finance Institution (DFr established in 1972. The Bank has recently re-positioned itself as a partner to the Government of Uganda in delivering the theme of its National Development Plan. UDBL is currently seeking e talented individual to fill the position ofTrade Finance Officer.Job Grade/Scale: UDBL 6Reports To: Manager Business DevelopmentJob PurposeThe Trade Finance Officer acts as a central support to the trade finance front office and Business Development team in structuring & execution of trade finance deals including, issuance of trade instruments, transactional support, reconciliations, collateral management and trade settlements.Summary of Duties:•  Carry out all trade finance operational functions of the Bank and coordinate with other units to ensure smooth execution of day-to-day trade finance activities in an effective and efficient manner.•  Participate in structuring and documentation of all trade finance deals, and perform compliance checks prior to disbursements.•  Initiate, review and implement all collateral management agreements with collateral mangers.•  Co-ordinate with monitoring, implementation and recoveries unit constantly to ensure compliance with loan covenants.Job Profile Qualifications:A first degree preferably in Commerce/Economics/Finance/Business studies or an} other relevant course with a minimum of e second class lower; possession of a relevan postgraduate or a trade finance relatec professional qualification like CDCS or CITF CSDG would be an added advantage.Experience:A minimum of 3 to 6 years cognate experience ie trade finance operations in a busy environment preferable within a financial institution.Personal Competences:Good Knowledge of ICC rules such as UCF 600, URDG and URC and ISP 98; in-depth Knowledge of field ware housing, collateral management and ware house receipt system good credit analytical skills; good presentation skills; ability to work with minimum supervision passion/self-motivation; and ability to work under pressure
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