Trade Finance Manager

• Development of the trade finance banking strategy, ensuring best pricing and coverage of trade finance services to support the expanding business of the company • Onboard new trade finance banks/institutions • Review tenders and business projects to identify trade finance related requirements • Review facility and security documentation for existing and new financing facilities • Be the main point of contact for all banking related matters for Headquarters and the rest of the group • Assist and interact with other departments within the Company (Sales Desk, Finance, Cash Control, and others) and support them with trade finance related matters • To manage Trade Finance/Customs related documentation effectively and efficiently with suppliers and end-users • Independently handle trade finance tasks for the entire Group • To vet purchase contracts and sales contracts • To vet bank guarantee formats requested by customers and to liaise with the issuing bank for their issuance. The incumbent should raise any associated risks with guarantee and appraise the management • MIS Reporting • Possess knowledge of specifics of commodity trading deals including operational, documentation, and credit risks in general • Working knowledge of Switch BL’s • Interact with shipping companies, agents to provide BL instructions • To understand customs procedures of countries where the Group ships the cargo and ensure the end-user can clear the cargo • To negotiate with banks for pricing to discount LC Bills and Back-to-back deal pricing • Co-Ordinate with Treasury and Cash management teams for outgoing and incoming fund requirements • Track documents under Import LC and ensure payment instructions to banks are sent in a timely manner • To negotiate for the best pricing on all the charges related to import and export transactions. • Bachelors Degree in Accountancy/Finance. • Minimum of 8 years of Trade Finance Experience in a banking/commodity trading organization • Fluent written/spoken English • Interpersonal and organisational skills • Have good planning ability and work under pressure • Documents checking/preparation under Letters of Credit and Collections • IT literate – excel, PowerPoint and word essential • Ability to start the functions with less or no training • CDCS(Certified Documentary Credit Specialist) preferred but not mandatory • Thorough knowledge of UCP 600, ISBP, URR, Incoterms and URDG • Ability to work to tight deadlines in a demanding environment • Make effective oral presentations to large and small groups. • Knowledge of the steel industry would be a distinct advantage • Prior SAP experience is highly preferable, excellent MS Excel knowledge is required • Working knowledge of Bank risk discounting