With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
An exciting opportunity is available within the Trade Finance team within Business Banking's Commercial Asset Finance. In this role you will manage and oversee the structuring, implementation, technical review, and risk mitigation of complex import transactions. This includes ensuring compliance with relevant trade finance rules and regulations, maintaining data integrity, and supporting regional teams in achieving budget as well as Non-Interest Income targets. This role contributes to strategic initiatives aimed at enhancing the financing of imported assets and improving client experience across specialised trade segments.Job Description
- Structure and implement imported asset transactions with accurate provisional costing and risk analysis for credit applications and end-to-end deal management.
- Apply correct interpretation of Incoterms®, ICC UCP rules, Exchange Control regulations, marine insurance principles, inspection and freight forwarding protocols, and Customs & Excise procedures.
- Draft technically sound documentation including Documentary Letters of Credit, freight instruction letters, and import verification documents.
- Maintain proactive communication with clients and frontline teams.
- Build and sustain collaborative relationships with internal departments and external service providers.
- Participate in client meetings, training sessions, and contribute to team knowledge sharing.
- Ensure strict adherence to Exchange Control regulations, Customs & Excise requirements, and internal governance frameworks.
- Perform month-end reconciliations and reporting duties as required.
- Support regional teams in achieving production and Non Interest Income targets through expert service delivery.
- Contribute to strategic initiatives aimed at improving trade finance processes and client satisfaction.
- Engage in continuous professional development to remain current with industry trends and regulatory changes.
- Minimum 5 years' experience in international banking and/or trade finance, and/or structured import finance.
- Proven expertise in Documentary Letters of Credit and Collections (ICC UCP rules).
- Foreign exchange transactions and currency booking.
- Exchange Control regulations and compliance.
- Incoterms® application.
- Customs & Excise procedures for imports.
- Freight forwarding and marine insurance.
- Higher Certificate in International Trade (ITRISA) – required or to be completed post-appointment.
- Professional certifications in trade finance (e.g. CDCS, CITF) are advantageous.
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised