Afreximbank: Assistant Manager, Banking Operations (Trade Services) – Cairo / Egypt

Location: Cairo, Egyot
Date Posted: 22-06-2017
CA Global Headhunters has been retained by the Afreximbank based in Cairo, Egypt to recruit for this position.  For more information on the Afreximbank please visit their website 
Should you meet the minimum requirements and wish to apply for the position please apply directly to CA Global Headhunters.
All roles offer Tax Free Salaries paid in USD and other benefits.
Reference Number: TJBLR

Duties and responsibilities:
  1. Provide professional input into the organization of a sound “documentary credit unit” to support the Bank’s activities which will include but will not be restricted to the following components;
  • Handling all forms of Letters of Credit including the issuance, confirming, advising, negotiating and amending;
  • Handling documentary collections including incoming and outgoing collections and remittances as well as acceptances and avals;
  • Issuing, amending, and liquidating all types of letters of guarantee (bid bond; performance; payment; standby and counter guarantees);
  • Examination of documents/other claims presented under letters of credit and other trade instrument to determine their compliance to the terms and conditions set out in the instrument;
  • Ensure relevant entries are passed including all the contingent liability entries, and monitor all the relevant GLs to ensure they reflect the correct information;
  • Understand the dynamics of clean payments under trade finance, and able to support this function as and when required;
  • Helping in the management of correspondent banking relations to ensure good customer service;
  • Maintenance of credit and collateral files, and credit enquiry as well as records of recovery efforts (except problem loans which move to Head Risk Management).
b) Management and operation of the “back office” as part of the automation process.
c) Coordinating and reconciling customer accounting system with the general ledger in Finance Department;
f)  Preparing accurate accounting and other reports for the information of Management.
g) Liaising with customers through the front office; and
h) Any other duties as may be assigned by Senior Management.

Skills, Knowledge, and Attitude:​
  • First degree and post graduate degree in Business Administration, Banking Finance or related field from a recognized University;
  • A  professional qualification like Certified Documentary Credit Specialist (CDCS) or other relevant qualification is an added advantage;
  • Sound experience of at least 5 years with a reputable Banking organization, of which at least 3 years has been in the Trade Services operations area;
  • Ability to communicate and function in a culturally diverse and change oriented setting with good knowledge of banking practices in Africa;
  • Good knowledge of SWIFT application and the relevant message types applicable to Trade Services. He should be comfortable working with the Bank’s back-office application for posting of entries;
  • Excellent verbal and written communication skills in English. Knowledge of  the Bank's other working languages is an added advantage (French, Arabic and Portuguese);
  • Good team spirit and ability to function effectively in a documentary credits segment in a fairly complex banking environment. Willingness and ability to work extra hours when necessary to meet tight deadlines;
  • The candidate must demonstrate experience and knowledge of managing back office operations in a fairly complex banking, and change oriented environment and show a good understanding of UCP 600; URC 522; URR 725; URDG 758; and ISP 98 and other relevant rules; and
  • Demonstrated organizational capabilities, including ability to manage work load with limited supervision to attain goals.

Contractual information:
  • Permanent
  • Suitably qualified candidates from all African nationalities are encouraged to apply
  • Tax-free salaries paid in USD
Please apply directly, by clicking on the Apply Button above and visit our website for more exciting opportunities and visit for the latest CA Global jobs.
Thania Jaffer
Executive Recruiter: Insurance, Risk & Healthcare
CA Global Finance
If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.
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