Trade Finance Executive at Ascentech Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
9 days ago

Additional Details

Job ID
130440
Job Views
26

Job Description






Position Summary




  • A reputable organization is seeking a Trade Finance Executive to manage all trade finance operations related to imports and exports, ensuring compliance with regulatory requirements and effective coordination with banks and sister companies.

  • The ideal candidate will handle documentation, letters of credit, and liaise with relevant regulatory bodies to facilitate smooth trade transactions.



Key Responsibilities




  • Handle all documentation for imports and exports related to banking and operations

  • Manage the Trade Finance desk, including TRMS portal trade forms, NXP, Form M, and others

  • Draft Letters of Credit (LC) and follow up with banks for LC issuance

  • Present shipment documents to banks in a timely manner

  • Coordinate with the Country Finance Manager to negotiate banking terms and conditions on LCs

  • Source Forex from CBN/I&E Window

  • Maintain strong relationships with Relationship Managers (RMs) for import transactions

  • Coordinate with sister companies on export and import matters

  • Advise on necessary changes to streamline export and import processes

  • Liaise with regulatory agencies such as NAFDAC and SONCAP for certification



Qualifications




  • Bachelor’s degree in Finance, International Business, or related field

  • Knowledge of trade laws and regulations, including import/export requirements and international sanctions

  • Minimum 5 years proven experience in trade finance management, preferably in a similar industry or organization

  • Excellent analytical and problem-solving skills

  • Strong attention to detail and accuracy

  • Exceptional communication and negotiation skills.



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