Afreximbank: Associate, Trade Finance

Reference Number: MTBLR002

Nature and Scope:
Given the prominent role that the department plays in enabling the Bank to advance its goals through various initiatives embarked for various member countries, the department will require an Associate Business Support to:
support the Trade Finance team in executing their day-to-day business development and product structuring activities.
work with the team and assist to reduce time spent on administrative matters and activities such as managing the Trade Finance Deal Pipeline, client follow ups, preliminary business reviews, preparation of routine reports, and
provide support in execution of transactions and related activities (as assigned by the line Manager) etc., thus enabling the Trade Finance team to concentrate and focus on strategic and high value tasks of the department which will ultimately lead to the department accomplishing its goals in an efficient and effective manner.

**Responsibilities**:
Under the overall supervision of the Trade Finance Line Manager and in close collaboration with other colleagues, the Business Support Associate will perform the following functions:
Preliminary review of all financing and non-financing requests submitted by customers to ensure they meet the Bank’s eligibility criteria as allocated by the Line Manager and develop draft indicative term sheets for transactions in line with customer’s request and the Bank’s products.
Review the allocated financing requests and proposals from potential borrowers and provide an initial assessment of borrower needs, in consultation with the respective Trade Finance Manager which include basic analysis by calculating relevant financial ratios including, Leverage, profitability, efficiency and cover ratios etc.
Preparation of Trade Finance financing requests as assigned by line Manager from time to time including various financial and risk analysis and make business /commercial recommendations to the Trade Finance Manager for presentation to the various review committees such as Pre-Assessment Committee (PAC) and Credit Committee (CRECO).
Regularly identify, measure, monitor and control the overall levels of risks in the Trade Finance business and maintain the Risk Register for the department.
Primary responsibility for management of the Trade finance Budget in collaboration with the Director of Trade Finance and Finance Department (FINA).
Effectively monitor drawn SLAs to ensure that Trade Finance activities are handled in a timely and efficient manner in line with the SLA and that all elements of operational risks are followed up including audit queries and recommendations, are managed effectively across all areas under the direct control of the role the line Manager.
Manage the overall Pipeline of the Trade Finance Department relationship management teams in the respective business units/segments. Work collaboratively with the ‘ecosystem’ both in the regions and at headquarters to ensure timely and effective delivery of strategic business objectives. This would involve active consultation and communication through personal action and active follow up where necessary.
Support in development of policies and procedures for the Trade finance

Department in consultation with Risk Management Department (RIMA).
Maintain a reporting schedule of the defined Strategic Objectives of the Trade Finance Department and measure performance against these on a monthly basis for review by the Director of Trade Finance.
Co-ordination with the Regional Offices and Head Office for the preparation and timely submissions of Monthly Reports and other ad-hoc reports, to the Director - Trade Finance.
Coordinating specific publicity and business development events like Conferences, Exhibitions, Road Shows etc, on behalf of Trade Finance in liaison with Communications and Events Department (COEV), where Afreximbank is participating, and which Trade Finance is tasked to lead and provide administrative support.
Initiate and organise Trade finance related webinars, workshops and other seminars and forums.
Contribute to the planning of various initiatives designed to facilitate interaction with other departments, regional offices and external partner institutions.
Following up on action tracking logs resulting from internal committee meetings, external meetings and missions for which Trade Finance actions are required.
Creating and reporting the department’s management information (MIS) for accurate decision making in liaison with Information Technology Department ( INTE )
Any other duties as may be assigned by senior management.

Requirements: Qualification and Skill

Minimum Masters degree in a relevant field from a recognized University backed by appropriate experience of at least 3 years plus a post graduate degree in banking and/or Trade Finance is desirable.
Strong ability to research, evaluate business models and analyze financial statements and Information.
Must have a basic understanding of international trade and trade finance rules, including International Chamber of Commerce Rules of international trade (UCP, URDG, etc.);
Experience with a leading financial services organisation and familiarity with the trade finance products will be an advantage.
Ability to communicate and function in a culturally diverse and change oriented setting.
Excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages is an added advantage (French, Arabic and Portuguese);
Good working knowing knowledge of Microsoft Office Suite (Word, Outlook, PowerPoint, Excel) and other operating systems such as SalesForce.
Ability to interact with senior officials of banks, corporates and governments.
Demonstrate organizational capabilities, including ability to manage work load with limited supervision to attain goals;
Willingness to travel extensively and to work long hours where required in order to achieve the Bank's objectives.

Benefits and Contractual information:
2 year contract.
Willing and able to relocate to Cairo, Egypt.

Matthew Taylor

Recruitment Consultant

Banking & Finance

JOB TYPE

Work Day:Full Time

Employment type:Permanent Job

Salary:Negotiable

JOB REQUIREMENTS

Minimal experience:Unspecified