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Officer, Trade Finance

Mombasa, Kenya
Company Details
Industry: Banking
Description: Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the primary goals and standard of excellence we intend to achieve in the medium term. With a heritage of over 150 years, we have an on-the-ground presence in 20 countries in sub‑Saharan Africa; fit-for-purpose representation outside Africa; and a strategic partnership with the Industrial and Commercial Bank of China (ICBC). In line with the realities of risk, regulation, technology and competition that characterise our operating context, we continue to invest significantly in our diversified operations; our people and culture; our systems and infrastructure; and our brand. In doing so, we understand that our commercial success and social relevance over the long term depends on placing our clients at the centre of everything we do, and ensures that the outcomes of our activities are a catalyst for growth on this continent we call home. The long-term foreign currency ratings for The Standard Bank of South Africa, the single largest operating entity within the Standard Bank Group, are: Fitch Ratings BBB- (negative), Moody’s Baa2 (negative) and Standard & Poor’s BBB- (negative). The group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB. The largest bank in the world, ICBC, is a 20.1% shareholder in the group. Other than the 20.1% ICBC shareholding, 32.9% of Standard Bank’s shareholder base is foreign. We subscribe to the Code of Banking Practice, a set of principles governing banking in South Africa and ensuring the highest standards of professionalism, integrity and fairness.
Job Description
  • Provide operational support to the team Leader Trade Operations by understanding the overall Bank Strategy and how Trade Operations fits into the overall Bank’s strategy;
  • Optimise the risk profile in the business units by Identifying the major risks faced by the unit and ensure that the required controls are applied to mitigate the potential exposures while upholding a high, risk culture that fosters responsiveness, confidence, courage and doing the right things all the time (zero tolerance for non-adherence to Bank policies, procedures and guidelines.
  • Support business process re-engineering to ensure that processes are lean, efficient and effective through the elimination of non-value adding activities and identification of opportunities that support/drive the migration of transactions to economically viable alternative electronic delivery channels.
  • Ensure that service standards provided for in the Banking Sector Charter are adhered to.
  • Builds and maintain credible and value adding relationships with stakeholders, including executives, peers, internal and external partners.
  • Provide relevant, accurate and timely reporting to senior management, governance committees and the regulator.
  • Ensure the promotion of exceptional client experience throughout the organisation.

Qualifications

Type of Qualification: First Degree
Field of Study: Business Commerce

Other Qualifications: Certified Trade Specialist
Experience Required
Business Support

  • 1-2 years
  • At least one year of experience at within bank operations. Practical and deep knowledge of Trade is an added advantage and must be fully conversant with its associated risks and process improvement concepts.
Education: Degree, Diploma
Employment Type: Full Time

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