Trade Finance & Treasury Operations Manager

Job Purpose

The role holder efficiently and accurately processes and checks various treasury and trade transactions for bank customers, in accordance with applicable procedures, rules, policies, agreed service standards, and operational instructions of the bank.

Key Responsibilities

Trade Finance Operations

• Check documentation submitted for trade transactions to confirm completeness and conformity to bank requirements
• Maintain trade finance files by ensuring proper filing for smooth retrieval
• Maintain trade finance registers and schedules
• Attend to internal and external correspondences
• Respond to open items on reconciliation statements
• Ensure prompt review and submission of regulatory and internal returns periodically
• Handle trade transaction documents and liaise with customers to ensure prompt release
• Resolve issues related to trade transactions
• Monitor and ensure compliance with regulations in transaction processing
• Facilitate and assist in trade finance product development and knowledge dissemination across the bank
• Maintain adequate and excellent record keeping

Treasury Operations

• Check and verify vouchers relating to interbank and client forex transactions and book deals in the system
• Check and verify SWIFT messages to facilitate funds transfers, deal confirmations, and other messages related to forex transactions and money market/interbank deals
• Ensure prompt settlement of deals to/from counterparties within stipulated cutoff times
• Ensure SWIFT messages are downloaded and actioned on a daily basis
• Maintain daily rates in the system
• Review reconciliations for various NOSTRO accounts maintained by the bank
• Promptly resolve open items in NOSTRO reconciliation