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  • Posted: Jul 1, 2021
    Deadline: Jul 12, 2021
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    Housing Finance Company of Kenya was incorporated as the premier mortgage Finance Institution in Kenya licensed under the Banking Act with the CDC and the GoK owning 60% and 40% respectively.

    Housing Finance started operations with the main objective of implementing the government’s policy of promoting thrift and home ownership by lending ...
    Read more about this company

     

    Manager, Trade Finance Middle Office

    Overall Job Purpose

    The Manager, Trade Finance Middle Office will be responsible for: -

    • Support the day-to-day operational activities of Trade Finance unit and ensure trade finance transactions are processed promptly and accurately and within policy guidelines.
    • Trade finance portfolio management – both funded and non-funded facilities.
    • Management of agents to ensure adherence to the terms and conditions and actively monitoring the underlying contracts

    Principle Accountabilities

    • Support the day-to-day operational activities of trade finance and ensure transactions are processed promptly and accurately and within policy guidelines.
    • Portfolio management and daily reconciliation of trade finance transactions i.e. guarantees, letters of credit, documentary collections and trade loans.
    • Processing of incoming and outgoing enquiries, instructions, physical documents with clients to fulfil the Service Level Agreement (SLA) standards agreed with internal and external stakeholders.
    • Attend to customers’ queries and advise on trade finance - related matters.
    • Liaise with both internal and external stakeholders i.e. Relationship Teams, Trade Operations, other Operational units and Clients.
    • Focus on transaction execution, facilitating enquiries and servicing clients’ requests, product development and maintenance, as well as reporting.
    • Act as control point to ensure all bank and regulatory requirements are fulfilled and post-transaction monitoring.
    • Ensure adherence to AML/KYC.
    • Provide support to other banking operational functions which include Treasury, Finance, Channels, Customer Service in relation.
    • Daily cash flow management, cash utilization, financing limits, margin calls, cash flow forecast.
    • Regular reports to management on cash positions, limit utilization, efficiency and analysis of costs of utilized lines.
    • Regular challenging of existing credit facilities, verification of commissions and bank charges, improvement of bank charges and costs.
    • Monitoring Performance of the underlying contracts for contract related transactions.
    • Management of agents to ensure adherence to the terms and conditions and actively monitoring the underlying contracts.
    • Coordinating with HFIA in regards to insurance matters such as placing covers and/or claim handling.
    • Ensure smooth deal implementation and while maintaining high levels of service quality.
    • Identify opportunities for cross selling and referrals to other HFC business lines through developing a good understanding of client needs.
    • Ensure customer service issues are addressed to maintain a high level of post sales service

    Minimum Qualifications, Knowledge and Experience

    • University degree in a business related field.
    • Master’s degree in a business related field will be an added advantage.
    • Professional Qualifications in Trade Finance.
    • At least 5 years banking experience in Trade Finance Operations and Middle Office.

    Key Competencies and Skills

    • Proficient in Microsoft Office applications.
    • Proficiency in Trade Finance Operations/Project Management.
    • Strong appreciation of banking operations, corporate, treasury, retail and transaction banking.
    • Analytical mind and the ability to solve problems.
    • Flexibility and good time management skills.
    • Team Work and Interpersonal skills.
    • Integrity and Professionalism.
    • Communication Skills.
    • Ability to work independently under strict deadlines.
    • Demonstrated good planning and organization skills.
    • Report writing and presentation skills.

    Method of Application

    Interested and qualified? Go to HF Group on www.hfgroup.co.ke to apply

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