Trade Finance Manager

About FMFB-A:

As a background, FMFB-A started its operation in 2004, and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development. For more information, please visit our website: www.fmfb.com.af.

Job Summary: 

To manage daily operation of trade finance products such as bank Guarantee and letter of credit based on Non-Funded facility approved policy and procedure and other related international trade finance banking standards.

Position Duties and Responsibilities:

• Manage the centralized trade finance activities such as Bank Guarantee and letter of credit, support and coordinate the branch staffs in related Non-funded facility products.
• Control and manage the overall affairs of trade finance section of credit department and assist with CCO/Deputy CCO.
• To assist CCO / DY CCO to achieve Business Targets of the Bank as per Business Goals and Business Plans of the bank.
• Implement objectives, policies and procedures manual and user manuals for trade finance operation and Review requirements of branches in terms of operational support and discuss in detail with concerned departments.
• Review department delivery processes with a view to ensure smooth workflow within the department, reduce turnaround times and achieve efficiency and cost benefits.
• To constantly monitor, guide and plan the activities of his/her key subordinates and take corrective actions where necessary in an efficient and timely manner.
• To ensure that the Bank remains always compliant with the regulations already issued or being issued from time to time by the Country’s regulators that includes the Central Bank (DAB) or any other Institution entrusted with such responsibilities by the Government of Afghanistan.
• Margin money reconciliation should be in monthly basis, follow the Bank guarantee with beneficiary party in case the applicant not submit the original BG with or LC to the bank.
• To ensure that Core Banking System (CBS) and other IT systems are in place for trade finance section to smoothly operate the system and generate the required report on time.
• To ensure that all the mandatory reporting is done efficiently, accurately and timely by the Bank to DAB where required.
• To ensure that the Bank remains always compliant with the Regulations related to AML and KYC, all client should be check as per compliance department policy in OFAC or UN lists.
• To ensure that appropriate multi- level Training is imparted to all the Staff of the trade finance section of credit department of the bank in accordance with their experience and seniority.
• Issuance/ cancellation and Process of / BG/LC and update their records and Disbursement, Reimbursement and administration of All non-funded facilities.
• Monitor customer trade finance transactions, settlements and report any exceptions to concerned units.
• To ensure that guidance or approval has been obtained from Board of Management and Board of supervisor where necessary while managing day to day Trade Finance section affairs of the bank.
• Shall be responsible for making necessary correspondence for respective E-mails and taking actions accordingly and Review of Nostro A/c Reconciliation Statement in respect to LCs /BG and Bills on daily basis.
• Preparing the Daily, Monthly Outstanding Reports and Quarterly Provisioning Reports
• Of the trade finance section to head of credit department.
• Reply to governmental/ private banks enquiry letters regarding Non-Funded facility.
• This role model expected to occasionally perform other duties as assigned by Management.

• Bachelor of Business, Management, Commerce, Finance, Accounting, Economics.
• Master Business Administration, or Master of Banking and Finance will be preferable.
• At least 3-5 years of related trade management experience within a retail bank with progressive management experience.
• Possess good interpersonal, communication and operational and financial skills.
• Able to work under pressure and capable to solve problems.
• Maintain high level of professionalism.
• Sound and effective interpersonal & communication skills in both National languages (Pashto and Dari) and English languages.

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

For more information, please visit the FMFB-A's website: https://www.fmfb.com.af/jobs/3730/