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Trade Finance Operations Officers job at dfcu Bank | Apply Now
Are you looking for Bank Jobs in Uganda 2024? If yes, then you might be interested in Trade Finance Operations Officers job at dfcu Bank
DFCU Bank is a leading financial institution in Uganda dedicated to transforming lives and businesses through innovative financial solutions that drive economic growth and financial inclusion. Established in 1964 as the Development Finance Company of Uganda, the bank has grown from a development finance institution into a full-fledged commercial bank, with a significant milestone being its acquisition of Crane Bank in 2017. Recognized for its strong financial performance, customer service excellence, and digital banking innovations, dfcu Bank has received multiple industry awards and remains a trusted partner for individuals, SMEs, and corporate clients.
The bank fosters a dynamic and inclusive work culture that emphasizes integrity, customer focus, innovation, teamwork, and excellence, offering employees professional growth, career advancement opportunities, and competitive benefits. With a strong presence across Uganda through an extensive network of branches, ATMs, and digital banking services, dfcu Bank continuously invests in technology to enhance accessibility and efficiency.
Committed to corporate social responsibility, the bank actively supports financial literacy programs, women empowerment initiatives, environmental sustainability efforts, and youth entrepreneurship. Headquartered at 26 Kyadondo Road, Kampala, Uganda, dfcu Bank remains a key driver of financial empowerment and economic development in the country. For more information
Kampala, Uganda
Full-time
Trade Finance Operations Officers job at dfcu Bank
dfcu Bank
Reporting to the Manager- Trade Finance and Financial Markets Operations, the role holder will be responsible for the efficient and effective handling of the Trade Finance Operations transactions by the policies, processes, and controls to safeguard the Bank against any risks or loss and contribute towards Customer Service Excellence.
Timely and accurate processing of all Trade transactions, including Import and Export Bills, Letters of Credit, Guarantees, Contract Finance, and all the other Trade Finance products.
Carry out due diligence of Trade Finance documents for completeness and any anomalies and escalation to the Senior Officer- Trade Finance operations for guidance.
Prepare Drafts and Trade Finance documents e.g., Letters of Credit, Guarantees, etc. by the operating guidelines.
Draft appropriate cover letters and SWIFT messages for Trade Bills/ transactions at the different stages and avail them to the stakeholders.
Document, release, confirm amend and close Guarantee instructions by bank policies.
Act on exceptions / outstanding items on the Nostro, LCs and Guarantees accounts (cash and non-cash covered).
Monitor Trade transaction status through their lifecycle and advise Relationship Managers to engage customers to take corrective action.
Resolve customer queries that relate to Trade Finance operations within the agreed timelines and the mutual satisfaction of all parties.
Comply with the set service standards in the service level agreement.
Escalate any process gaps that result in potential or actual loss to the Senior Officer- Trade Finance Operations in line with the incident reporting policy.
Keep record keeping and referencing for easy identification and retrieval of records by monitoring teams.
Screen the Trade instructions at every stage to Identify and report suspicious activity in line with the AML/CFT, and KYC programs.
Provide advice to customers and/ or the sales team on Trade transactions’ structuring from time to time.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Bachelor’s Degree.
Trade Finance Certification.
Basic Banking Training in Trade Finance and International Trade principles.
Minimum Banking experience of three (3) years with one (1) year of Banking experience in Back Office operations.
Thorough understanding of Trade Finance processing procedures, rules & policies, operational risks awareness and counter party limits.
Insight into the international rules and regulations that govern Trade Finance.
The ability to engage with all the key stake holders in and out of the organisation.
Ability to prioritise daily tasks.
Customer oriented (Internal and external).
High level of integrity and ethical standards.
Excellent interpersonal and communications skills.
Ability to pay attention to detail.
Ability to effectively work within a team-oriented environment.
Proactive approach to work with a high level of maturity and self-drive.
Able to work under very demanding deadlines or timelines.
If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), by close of business the email address indicated below;
Vacanciesbank@dfcugroup.com
dfcu Bank is committed to give equal opportunities in employment and aims to ensure that it does not discriminate against gender or race. Only short-listed candidates will be contacted through +256 312 300391.
Disclaimer: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.
