Trusted listing
Manager; Trade Operations
NMB Bank
Dar es Salaam, Tanzania
Permanent
Published 1 month ago · Expires 4 weeks from now
Job description
## Title: Manager, Trade Operations
Job Purpose
Responsible for preparing, engaging with, and contacting clients to ensure trade-related products are processed according to governing rules and regulations within your area of expertise.
Main Responsibilities
- Create weekly, quarterly, and monthly plans to ensure delivery on objectives for the year
- Ensure Trade Finance product processes and controls support NMB's overall business strategy
- Take accountability for monitoring and achievement of performance objectives
- Manage key risk indicators falling under the role and escalate any risk issues identified during processes in a timely manner
- Ensure adherence to the company's security policy and controls when accessing systems
- Evaluate current market offerings in trade finance specialization, particularly in infrastructure, to offer competitive services and products
- Serve as the central point of contact for product sales and services
- Support Transactional Banking and coverage teams across business segments to ensure all generated ideas are appropriately executed end-to-end
- Generate leads to other bank units through cross-selling bank products and supporting Panbank initiatives
- Identify opportunities across banking propositions and provide specialized advice
- Review utilization against approved limits in offer letters; ensure prices and limits are set before processing contracts or any product-related transactions
- Review daily and monthly reports, especially for reconciliations of Letters of Credit, Cash Cover, Guarantees, and Trade Loans, ensuring timely settlements
Knowledge and Skills Required
- Business understanding of Tanzanian banking products and systems that support them
Employment Details
- Position Type: Full-Time
- Location: Head Office, Dar es Salaam, Tanzania
- Industry: Banking
- Functional Areas: Management, Accounting & Finance, Business Operations
- Salary Currency: TZS (Monthly)