
Senior Manager Trade Finance (1 Position(s)) at NMB Bank January, 2025
Job Purpose:
Main Responsibilities:
- Develop and implement strategies to optimize the bank’s working capital solutions including import/export finance, receivables financing, supply chain financing and stock financing.
- Collaborate with senior coverage teams on consistent client engagement activities to broaden relationships and deepen wallet share.
- Oversee origination of complex trade finance deals including structuring of financial instruments to facilitate international and domestic trade.
- Support relationships with banks and financial institutions to facilitate competitive trade finance solutions.
- Manage Trade Finance assets through monitoring utilization and performance across portfolios.
- Support analysis of cash conversion cycles and identify opportunities to improve working capital optimization.
- Coordinate with Treasury teams to ensure business requirements are achieved.
- Collaborate with client Trade Operations, Finance, Procurement and other cross functional teams to enhance business operations to and ensure alignment of strategies.
Risk Management
- Support assessment and risk mitigants associated with working capital including credit, currency and counterparty risks.
- Develop and implement policies to reduce exposure to financial risks related to Trade Finance.
- Ensure ongoing monitoring of portfolios and market dynamics which may adversely impact asset book.
Stakeholder Management
- Act as main point of contact for internal and external stakeholders on matters related to Trade Finance.
- Work closely with cross-functional teams to ensure alignment in executing strategies.
- Liaise with auditors, regulators and internal legal and compliance teams to ensure adherence to all applicable rules and guidelines.
Knowledge and Skills:
- Strong knowledge of trade finance instruments and understanding of banking solutions and supporting systems.
- Leadership and team management abilities.
- Strong analytical and problem-solving skills.
- Advanced Trade Finance structuring capabilities.
- Ability to thrive in a highly dynamic environment.
- Communication, negotiation and stakeholder management skills.
Qualifications and Experience:
- Bachelor’s degree in Finance, Accounting, Economics or related fields
- Master’s degree in related fields will be added advantage.
- Minimum of 5 years’ relevant experience in Trade Finance and exposure to international trade.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.
NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
Only shortlisted candidates will be contacted.
How To apply:
Application Link; https://careers.nmbbank.co.tz/nmb_career/career.aspx
Recommended Jobs:
Relationship Manager; Agri Retail (1 Position(s)) At NMB bank January, 2025