Applications are invited from suitable and qualified candidates for the Position of (Entry Level) Trade Finance Officer at Optimus Bank.
About Optimus Bank
Optimus Bank is an innovative financial institution in Nigeria that aims to transform traditional banking through technology and innovation. Guided by strong core values, the bank is licensed by the Central Bank of Nigeria and focuses on reshaping international trade transactions for corporations. It offers a unified web platform for streamlined management, reflecting its commitment to efficiency and convenience.
Summary
- Company: Optimus Bank
- Job Title: Trade Finance Officer
- Job Type: Full Time
- Qualification: BA/BSc/HND
- Location: Lagos
- Deadline: Not Specified
Job Title: Trade Finance Officer
Job Description
- Are you an experienced and confident banker seeking a challenging role in the International Settlement Field?
- We have an exciting opportunity for you!
- 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 include:
- 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
See Also:
Requirements for the Position of (Entry Level) Trade Finance Officer at Optimus Bank
- 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
- If you meet these qualifications and are ready to take your career to the next level, we invite you to apply for this exciting opportunity.
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.
Deadline
Not Specified
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