Job Title: Trade Finance Supervisor
Employer: Centenary Bank
Duty Station: Kampala, Uganda
Application Deadline: 4th July 2014
Job Description:
Duties and Responsibilities:
• Receive all Import L/C applications and
ensure collateral available before forwarding to the Trade Finance Officer for
processing in equinox, trade finance module and swift and their issuance in
accordance with the Latest UCP version and within agreed Service Level
Agreements
• Receive all Export letters of credit and
Local letters of credit and related documents, check and verify all t
he
documents before courier to the beneficiary bank.
• Responsible for receiving and reviewing all
applications for Guarantees before forwarding them to the Trade finance officer
for processing and issuance in accordance with Uniform Rules for Demand
Guarantees and the corresponding ICC Publication number and follow up with
legal department to ensure their timely closure.
• Receive and review all applications
received under Documentary collection (for both export and import collections),
and follow up for timely processing.
• Duly authorise all processed L/CS,
guarantees and collections within set authorisation limits in Equinox, trade
finance and SWIFT.
• Perform daily, weekly and monthly
reconciliations of the trade finance suspense accounts; make statistical
analysis of all the requests received & processed and generate monthly
reports on the overall performance in trade finance.
• The jobholder should monitor and diarize
all trade finance products processed and drawings to be made as per set maturity
dates, make daily updates and submit weekly reports in line with the Division
work plan.
• Follow up and ensure non acceptance or
payment of bills for collection is sent to the remitting bank in case the bill
remains unaccepted or unpaid for two weeks after receipt or maturity in
compliance with Bank of Uganda regulations.
• Follow up with all correspondent bank
queries in regards to trade finance products to ensure timely and appropriate
responses are made, and ensure that all Bank charges and commissions are
collected as per the tariff guide on all transactions so that no income
leakages are registered in line with Bank regulations.
• Supervise, mentor and coach so as to
improve performance and development of subordinate staff in line with
identified needs and HR policy.
• Ensure that Trade forex commitment is
reviewed for accuracy and submitted to the regulator (Bank of Uganda) within
agreed Service Level Agreements
Qualifications, Skills and Experience:
• The ideal candidate for the Centenary Bank
Job Opportunity should hold a Bachelor degree, preferably in a business related
course.
• At least three years’ cognate experience in
Trade Finance in a busy environment preferably a financial institution.
• Good working knowledge in Trade Finance
products namely; Letters of Credit, documentary collections and Guarantees.
• Superior Knowledge of SWIFT
• Excellent Supervisory and Management skills
• Well versed with ICC rules namely UCP600,
URDG and URR725 among others.
• Excellent credit analytical skills
• Highly self-driven with a high level of
confidentiality
• Excellent team player who pays special
attention to detail
• Excellent communication and presentation
skills
• Possess the ability to work under pressure
• Possess the ability to embrace the Bank’s
mission and values.
How to Apply:
All candidates who desire to join Centenary Bank should send their applications
by following the instructions below; downloading an application form for
employment, download here, filling it and enclosing an application letter,
Curriculum Vitae (CV), and copies of academic testimonials/certificates and
send the application to:
General Manager,
Human Resources Centenary Bank,
P.O. Box 1892
Kampala, Uganda.
Note: While we thank all applicants for your interest. Only shortlisted
applicants will be contacted. Only shortlisted applicants will be contacted.
