Trade Finance Manager job at Ecobank
Website :
7 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Trade Finance Manager

[ Type: FULL TIME , Industry: Banking , Category: Management ]

Jobs at:

Ecobank

Deadline of this Job:
Saturday, November 30 2024 

Duty Station:
Within Uganda , Kampala, East Africa

Summary
Date Posted: Thursday, November 07 2024, Base Salary: Not Disclosed

Similar Jobs in Uganda
Learn more about Ecobank
Ecobank jobs in Uganda

JOB DETAILS:
Job Description
Business development:
• Jointly with the Head Trade Finance formulate and articulate a trade business roadmap for Commercial and Corporate Banking aligned to the Group Trade Finance strategy.
• Understand the dynamics of international and regional trade flows within the Country with a view to assess market trends, identify new business opportunities or competitive threats across the region
• Develop a trade customer target market list based on understanding of the trade flows, business sectors, players, trade corridors to drive sales.
• Capture competitor intelligence and regulatory information and use it to develop or reinforce our competitive advantage
• Ensure appropriate pricing of Trade products and full collection of fees and commissions, whilst growing this revenue line
• Review trade monthly financials and MIS process

Sales & Product Management
• Grow trade/supply chain customer base through implementation of trade products, business and marketing strategies by establishing and following up with target lists and by working proactively with market facing staff to ensure optimal trade facilities utilization.
• Develop, enhance and manage all business segments and supply chain products such as inventory finance, distributor finance, business term loans, overdrafts and asset finance products in order to grow transaction volumes, revenues and profits from commercial customers
• Analyse competitor products, market opportunities and developments to ensure that EUG Trade products reflect the needs of its customers
• Ensure that new Trade products & services are identified, developed and/or enhanced in order to grow Trade transaction volume, revenues and profits.
• Work closely with key internal and external stakeholders to gain their support for new product developments and/or product enhancements
• Work with Branch Managers to grow wallet business for facility customers. Also work with BMs and relevant officers in both Corporate and Commercial Banking Group to ensure conversion of potential trade services customers from the pipeline
• Participate in Joint calls with Branches to potential customers to ascertain their requirements. Explore and negotiate solutions with clients. Provide oversight and input into the drafting and execution of loan agreements and security documentation
• Act as a local market expert for Trade Products. Keep up to date with market & regulatory developments by utilizing existing research capabilities and developing new ones
• To provide ongoing training and up-skilling of sales teams in order to maximize opportunity identification and solution selling capabilities.
• To drive utilization of all Trade products and channels.
• Drive & Coordinate the various processes within the Bank’s business and support units to achieve necessary support & approvals; minimize response time to customers and minimize financial and operational losses
• Develop close working relationships with other Group product development teams to maximize working efficiencies and ensure consistency of approach
• Collate and analyse Management Information reports from various sources around the business
• Track revenue from clients from trade finance activities
• Assess Financial performance in relation to budgets

Middle Office
• Liaise with RM and client to put across an STCF structure that works optimally by reviewing CA before submission to Approvers.
• Review, onboard and manage Collateral Management stakeholders, clearing & forwarding agents and any other party required to put across effective STCF structures.



Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8


Experience in Months:

Level of Education:

Job application procedure

Interested and qualified, Click here to apply.


All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Management jobs in Uganda
Job Type: Full-time
Deadline of this Job: 30 November 2024
Duty Station: Kampala
Posted: 07-11-2024
No of Jobs: 1
Start Publishing: 07-11-2024
Stop Publishing (Put date of 2030): 07-11-2068
Apply Now
Notification Board

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.