Trade Finance Executive at Ascentech Services Limited

• We are seeking an experienced and motivated Trade Officer with 2 to 3 years of experience in the banking sector to join our dynamic team.
• The ideal candidate will have a strong understanding of trade finance products and services, excellent analytical skills, and the ability to build and maintain relationships with clients.
• The Trade Officer will play a crucial role in facilitating international trade transactions, ensuring compliance with regulatory requirements, and providing exceptional service to our clients.

Key Responsibilities:

• Manage and process import and export letters of credit, documentary collections, and guarantees.
• Evaluate trade-related documentation to ensure compliance with bank policies and regulatory guidelines.
• Develop and maintain strong relationships with clients, providing high-quality support and advice on trade finance products.
• Identify clients’ needs and recommend appropriate trade finance solutions to facilitate their international transactions.
• Conduct thorough risk assessments of trade transactions, ensuring that all necessary due diligence is completed.
• Monitor ongoing transactions for compliance and resolve any issues that may arise.
• Stay updated on market trends, trade regulations, and changes in international trade policies that may affect clients.
• Provide insights and recommendations on trade-related developments to both clients and internal stakeholders.
• Work closely with internal departments, including credit, compliance, and operations, to ensure smooth execution of trade transactions.
• Liaise with external partners, such as trade associations and financial institutions, to enhance service delivery and business opportunities.

Qualifications:

• Bachelor’s degree in Finance, Business Administration, International Trade, or a related field.
• 2 to 3 years of experience in trade finance or a related role within the banking sector.
• Strong understanding of trade finance products, including letters of credit and guarantees.
• Excellent analytical, organizational, and problem-solving skills.
• Proficient in relevant banking software and Microsoft Office Suite.
• Strong interpersonal and communication skills, with the ability to work effectively in a team environment.
• Knowledge of international trade regulations and compliance requirements is a plus.