Manager- Trade Finance, Sales Job
Work Hours: Full-time, 08 hours per day
Salary:
Attractive
Job Deadline: 02 November 2022
Number of Jobs: 01
Hiring Entity: Dfcu Bank
| Dfcu Bank |
Location: In Uganda
Job Details:
Reporting to the Head of Transaction Banking & Specialised Finance, the role holder will be responsible for originating, structuring Trade Finance deals, developing Trade finance products and driving the Trade Finance strategy to grow the Bank’s Trade Finance portfolio in line with the Bank’s set financial and business targets.
The Role Holder will also work to maximize the Bank’s Trade Revenue through the development of innovative solutions and drive trade sales targeted for Corporate Banking clients through;
Winning new clients, expanding existing relationships and protecting current business flow.
• Ensuring Trade income streams are sustainable.
• Product innovation and pricing.
Key accountabilities:
• Develop and Implement a Sales Plan that will attract key Trade customers in line with the organizational objectives.
• Create and share innovative solutions for Trade.
• Understand the dynamics of trade with a view to assess market trends, identify new business opportunities or competitive threats in the region and country. Devise strategies to capture the opportunities and grow revenues.
• Develop value propositions that will drive product cross sell and increase revenues.
Provide leadership and support to the Sales Team on our working capital offering.
• Conduct workshops with industry associations to sale, market and promote Trade Banking business.
• Identifying and evaluate potential revenue opportunities in new and diverse markets to grow our income.
• Ensure adequate pricing of Trade products on a revenue/expense basis and ensure full collection of fees and commissions to grow Trade Non- interest income.
Provide transformational leadership of the Trade teams within the Organization.
• Develop alternate delivery channels for product delivery and assist the business with marketing initiatives and coordination.
• Ensure that controls are built into the product delivery process and there is adherence to guidelines set by internal/external regulators.
Qualifications, experience and competencies required:
• A minimum of a first degree from a recognized University with at least 5 years Banking experience of which 3 years should be in Trade Finance, Relationship Management and Sales.
• Skills for originating, structuring, and executing structured Trade Finance.
• Experience in trade sales using various Trade products.
• Ability to quickly understand customers’ trade activities and propose tailored financial structures aimed at maximizing trade opportunities.
• Possession of good credit skills.
• Good Trade Finance product knowledge and detailed knowledge of Legal, Risks, Controls, UCP, URC and URR rules plus local regulatory requirements.
• Comprehensive knowledge of Trade Documentation and Products.
All round banking knowledge with good understanding of Credit Control Principles.
• Clear understanding of Operational risk, Money Laundering and KYC Policy.
• Strong people management and leadership skills.
• Good relationship management / Sales skills.
• Outgoing, self-motivated, assertive, and proactive.
• A good team player able to work under minimum supervision; should possess self-drive and initiative.
• Excellent communications and engagement skills.
• Strong attention to detail and personal effectiveness.
• High-level of integrity and strong entrepreneurial skills.
• Sharp, self-confident and performance driven.
• Self-starter.
• Strong interpersonal skills.
• Ability to supervise and coach staff.
Application procedure
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 on Wednesday 2nd November 2022 to the email address indicated below.
Vacanciesbank@dfcugroup.com
Posting Date: 2022-10-26