About this role
Role Overview
- Responsible for the verification, monitoring and control of trade finance transactions accurately & timeously in an efficient and professional manner
- Register transaction in the Trade portal, effect good for processing checks, ensure transaction is within trade limit before same is sent to Back Office for processing
- Engage and assist customers with their trade transactions
- Support customers on their onboarding and transactions on TMO
- Assist, brief and guide customers/relationship managers on technical matters pertaining to trade finance transactions
- Check and authorise all Trade Finance transactions that are processed by subordinates in order to ensure accuracy of data
- Monitor all outstanding Trade finance Transactions and correspondences initiated on the banks system while ensuring proper notes and memos dates are input accurately on file
- Check and ensure accuracy and completeness of data input in respect to sanction screening and AML activities
Requirements
- Preferred Degree with minimum 2 years relevant experience or equivalent of 5 years bank related experience
- Essential Trade product Knowledge, such as letters of credits, Bills for collections, guarantees and short-term financing of trade
- A detailed knowledge of Absa policies and procedures related to AML and sanctions
- A sound knowledge of risk relating to trade products
- Understanding the components of operational risks in the trade finance environment
- Knowledge of International & correspondent Banking
- Practical experience of current systems and their impact on operations and operational working practices
- Good understanding of the bank’s products and services
Benefits
- Absa Group cookie and privacy policies
- Design your future
- Professional development opportunities