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Trade Finance Specialist
2 weeks ago
The Trade Finance Officer is responsible for originating and executing trade finance transactions with Issuing Banks under the Global Trade Finance Program (GTFP) in South Asia. This involves connecting with regional and global GTFP Confirming Banks to facilitate timely processing of amendments and cancellations.
The officer will maintain contacts with GTFP Issuing Banks and stay abreast of market developments to manage risks in the portfolio. They will monitor and execute daily trade finance transactions in South Asia, ensuring that transactions are consistent with corporate guidelines and track program activities using IFC's corporate systems.
Key Responsibilities:- Originate and execute trade finance transactions with Issuing Banks under the Global Trade Finance Program (GTFP)
- Maintain contacts with GTFP Issuing Banks and stay abreast of market developments
- Monitor and execute daily trade finance transactions in South Asia
- Facilitate timely processing of amendments and cancellations
- Manage risks in the portfolio
Required Skills and Qualifications
An MBA or master's degree in finance or equivalent is required. At least 5-8 years' experience in trade finance with an international commercial bank or other financial institution is also necessary. The ideal candidate should have extensive knowledge of commercial banking products and services, experience in correspondent banking relationships and international trade products.
- MBA or master's degree in finance or equivalent
- At least 5-8 years' experience in trade finance
- Extensive knowledge of commercial banking products and services
- Experience in correspondent banking relationships and international trade products
Benefits
The World Bank Group offers comprehensive benefits, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. Reasonable accommodations for individuals with disabilities are also provided.
We are proud to be an equal opportunity and inclusive employer, committed to diversity and excellence in all our activities and operations.
Working at the World Bank Group
We are a dynamic and diverse organization with a strong commitment to innovation and excellence. Our employees work together to address some of the world's most pressing development challenges, and we offer a wide range of career opportunities for those who share our values and vision.