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Job Description
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- Grow portfolio value in line with agreed targets.
- Ensure you grow the client trade finance business by engaging the bankers in analyzing and selling the best alternative trade finance mix.
- Formulate trade finance strategy to increase wallet share of the clients. Engage the relationship team in determining the best solutions to retain existing clients and acquire new clients.
- Create the suitable structure for the best trade finance products, including end to end process flow between front office and back-office functions.
- Negotiate the best price with the view to maximize potential income from trade finance deals. Ensure that at all times you take a view of the big picture in determining prices for clients against the cost of the solution/product.
- Independently receive, solve and recommend practical solutions on technical trade finance queries for NBC Ltd valued customers.
- Manage communication within the targeted portfolio on NBC Correspondent bank network, tariffs and operational process and procedure.
- Liaise with business bankers and the Foreign Trade Service to deliver seamless after sale service for Trade Finance transactions.
- Actively disseminate NBC ltd Trade Finance Capabilities through business interaction (clients and staff), formal internal/external presentations demonstrating the banks abilities in facilitating trade.
- Manage NBC ltd correspondent banking relationships at a transactional level, route and refer business to preferred correspondents, monitor and generate reports on trade volumes between approved correspondents.
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- Report and alert relationship management on outstanding liability positions, sales volumes and sales revenues for top corporate banking customers of your given portfolio.
- Key driver for monthly financial performance team meetings
- Oversee the set target per product. Responsibility over pricing, positioning, service, process and growth for your given portfolio.
- Monitor year on year growth amongst top trade customers, through product cross-sell, increased through-put and new leads.
- Reconciliation and corrective action responsibility for accounting of portfolio clients, benchmarking closed pipeline deals/transactions against NBC trade reporting to ensure no income leakage.
- Coordinate end to end collating and analyzing customer information on Trade Finance performance on a monthly basis by customer and relationship manager. Flag customer accounts showing reduced volumes and initiating remedial action through prescribed action plans.
- Monitor, analyze and circulate income/performance reports for specially priced customers vis a vis volume thresholds established by your respective line manager.
- Conduct monthly review of all Trade Finance clients on an ongoing basis to address and provide solutions in instances where reduced volumes are witnessed.
- Monitoring and reporting income earned on non-customers relationships
- Initiate Structured and commodities Trade Finance deals and work closely with other internal stakeholders to ensure early closure of the deals
Qualifications
- Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies,
- Business Improvement Orientation (Meets all of the requirements), Digital familiarity (Meets all of the requirements), Enabling team success (Meets some of the requirements and would need further development), Experience in a similar environment at junior specialist level,
- Openness to change (Meets some of the requirements and would need further development),
- Operational administration (Meets all of the requirements), Product and/or Service Knowledge (Meets all of the requirements), Quality orientation (Meets all of the requirements)
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