Officer, Export Documentary Credit X2

Business Segment: Corporate & Investment Banking
Location: ZA, GP, Johannesburg, Simmonds Street 6
Responsible for the end to end processing of Export Letters of Credit to ensure that transactions are in accordance with international standard banking practice, rules and regulations with a view of avoiding reputational and financial risk for the Standard Bank Group.
Qualifications Minimum Qualifications Certified Documentary Credit Specialist (CDCS) and Certificate in International Trade Finance (CITF).Senior Certificate and Bachelor's DegreeExperience Required: 3-4 Years, Experience with spot transactions, forward exchange contracts, options, swaps, foreign currency accounts, Nostro and Vostro accounts, exchange rates, balance of payments, exchange control, Nostro/Vostro reconciliation, SWIFT concepts, trade finance, knowledge and experience of Trade products (Letters of Credits – Standby/Commercial/Revolving, Open Accounts), Sanctions/compliance.3-4 Years, Identify and understand risk (financial, reputational, regulatory, credit and documentary risks) as it relates to Letters of Credit and understanding the reporting process.3-4 Years, Experience in dealing with various stakeholders and managing their expectations. Customer service oriented. Ability to understand customer needs and requirements. Ability to resolve client queries. Ability to deal with difficult and demanding customers.
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