Senior Trade Finance Officer - Private Sector and Microfinance Department Grade: PL-5
- Position title: Senior Trade Finance Officer - Private Sector and Microfinance Department
- Grade: PL-5
- Position N°: 1271A
- Reference: ADB/12/049
- Publication date: 15/03/2012
- Closing date: 15/04/2012
Objectives
The Private Sector and Microfinance Department is responsible for all private sector operations falling within the umbrella of the Bank Group’s private sector development strategy. The Financial Institution Division OPSM4 is in charge of identification, preparation and appraisal of the projects in financial sector.
The Trade Finance Team, in OPSM4, is in charge of designing an enhanced set of financial products and preparing projects and transaction to enable the Bank to play a meaningful role in the trade finance market.
Duties and responsibilities
Under the supervision of the Division Manager and with guidance from the Lead Trade Finance Officer, the Trade Finance Officer will :
- Conduct credit analysis and due diligence on potential issuing banks throughout the region and other counterparties banks and prepare credit proposal on each counterparty in coordination with the trade finance team leader;
- Establish relationships and maintain active contact with counterparties in the field of trade finance;
- Stay abreast of market developments to proactively set pricing and manage risks taken in the portfolio;
- Monitor trade finance lines and ensure that exposures booked are within bank credit limits and are consistent with all the Bank's corporate guidelines;
- Contribute and assist in the preparation of credit application to the Board;
- Track program activities through the implementation of appropriate systems and preparation of relevant reports on the program for management;
- Participate in discussions and negotiations with banks and other financial institutions in the region in order to foster business relationships with AfDB.
- Assists the Trade Finance team leader in speaking with and/or negotiating with the banks participating in the trade finance programs regarding the pricing of transactions, individual bank limits, and compliance with financial covenants; and
- Perform other responsibilities in cooperation with the Trade Finance team.
Selection Criteria
Including desirable skills, knowledge and experience
- A minimum of a Master’s degree in Business Administration, Finance, Economics, Management or other relevant fields;
- Preferably un minimum of 5 years’ experience in documentary trade finance/correspondent banking with a commercial bank;
- High level of structuring and credit skills;
- Excellent written and verbal communication skills in English and/or French, and preferably with a working knowledge of the other language;
- Ability to build working relationships (internal and external);
- Strong organizational, administrative, negotiation, marketing and presentation skills;
- Ability to work under time pressure.
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Senior Trade Finance Officer - Private Sector and Microfinance Department (86 KB)
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To apply for this position, you need to be national of one of AfDB member countries.
- Submitted by: Mohamed Mahdi YOUSSOUF Division Manager, CHRM.1
- Approved by: Gemina O. ARCHER-DAVIES Director, CHRM
Only applicants who fully meet the Bank's requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit an online application, and attach a comprehensive Curriculum Vitae (CV). The AfDB President reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply: www.afdb.org/jobs
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