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Manager; Trade Operations

NMB Bank

Dar es Salaam, Tanzania Permanent

Published 1 month ago · Expires 4 weeks from now

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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)

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