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Table of Contents
ToggleTrade Finance Officer
Job Specifications:
- Full Time
- Required Qualification: BA, BSC, or HND
- Location: Lagos, Nigeria
- Join this WhatsApp group to receive a prompt job update. Click HERE
Introduction to the Position
Job Description
- The Trade Finance Officer is responsible for the execution of the Bank’s trade transactions.
- The Officer will deliver an efficient, effective, comprehensible, and reliable solution for every stage of a customer’s trade value chain to support their local and international activities.
- The officer will also provide the necessary support required to perform the remittance activities in the Bank and liaise with money transfer operators on behalf of the Bank.
Responsibilities
- Form M initiation and approval
- Establishment, amendment, and payment of Letters of credit, SBLCs and Guarantees
- Initiation of Bills for Collection transactions
- Liaising with CBN for operational issues resolution
- Processing of export transactions
- Treasury product settlement and reconciliation
- Reconciliation of accounts (Nostro, Settlement, transit etc.)
- Confirmation and acceptance of transactions on appropriate applications
- First level Processmaker Approval for Trade related transactions
- FX inflow and outflow processing
- Manage relationship with Webfontainne on the CBN portal
- Processing and collection of custom duty revenue
- Correspondent Bank account management
- First level invisibles payment approval
- First level Bills for collection approval
- Treasury operations settlement
- Review, receipt, release, and processing of shipping documents & Pre-Arrival Assessment Report
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Experience and credentials:
Requirements
- Bachelor’s Degree in Business, Finance, or related field
- Good knowledge of the CBN FX manual on all international settlement transactions
- Good knowledge of relevant manuals, regulations, publications, circulars, and guidelines on Treasury Products
- Minimum experience – 3 years relevant banking experience.
- Confidence and proficiency in commercial banking operations
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team.
Benefits
What’s in it for you?
- Limitless Growth.
- Positive and Inclusive Work Environment.
- Tailored Rewards and Recognitions.
- Continuous learning environment.
- Health and Wellness Benefits.
Method of application:
Candidates that meet the requirements and are interested should click the BUTTON below to apply.
Deadline: Not Specified
Join this WhatsApp Group to receive Prompt Updates
Are you in need of Scholarships? Check out this Fully Funded Ongoing Scholarship at Ifuture Connect

