Job Openings at Trade and Development Bank (TDB)

Job Summary

The Documentary Credit Officer will be responsible for reviewing and issuance of risk mitigation instruments and solutions including documentary and standby letters of credits as well as handling other treasury operations. The role will also be responsible for the management of swift messages and timely processing of payment through swift and other electronic banking platforms.

Duties and Responsibilities

The Documentary Credit Officer performs the following duties:

• Record and reconcile LC fees with the general ledger in Finance Department to ensure that all income is booked and to ensure that all LC fee income is properly capture in SAP to advoid losses.
• Review and issuance of Import and Export letters of credit.
• Notifies exporters and importers of issuance of letters of credit covering shipment of mechandise.
• Draft technical terms and conditions language to ensure proper construction of standby letters of credit, guarantees and documentary letters of credit.
• Review letters of credit documents to determine compliance with international standards.
• Verify terms of credit such as amount, insurance coverage, and shipping conditions to determine compliance with established standards.
• Evaluate and enhance processes for mitigating risks associated with L/C transactions.
• Manage relationships with correspondent banks and other duties as assigned.
• Calculate and track fees and commissions.
• Process payments in SWIFT (telecommunications system).
• Confirm bank's treasury deals (including confirmation matching) and settlement processes.
• Assist with the treasury function's audit process for both internal and external audits including liaisons on an audit follow-up points.
• Liaise with counterparties to process all front-office treasury activities including handling any queries arising after deal execution.

Qualifications and Competencies

• A Master's degree in Business Administration, Accounting, Banking, Finance or Economics from a recognized institution.
• Relevant professional qualification such as Certified Documentary Credit Specialist or related qualification.
• A minimum of 5-8 years of relevant experience in Documentary Credit, with sound knowledge of Uniform Customs and Practices for Documentary Credit and International Standby Practices, in a Commercial/Development Banking or Financial institution environment.
• Robust understanding of all aspects of banking relating to Documentary Credit and ability to process complex trade finance instruments.
• A good working knowledge of SWIFT formatting and other regulations.
• Experience using SWIFT Alliance software.
• Results oriented individual with excellent written and communication skills with proven ability to rapidly produce quality reports and ability to work in a multicultural setting.
• Proven organizational, problem solving and decision-making skills with the ability to build partnerships, work in multinational teams, deliver results and manage client relationships.
• Fluency in English is a requirement, and Knowledge of TDB Group's other working language (French) would be an added advantage.

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Job Summary

The Legal Operations Specialist (National TDB Volunteer) works closely with the Legal Operations Manager to support technology, operations, process improvements, transaction implementation, and other Legal Department initiatives. The role provides day-to-day administrative and technical support to the Legal Operations Team in the Legal Department to advance TDB Group's operations, protect its interests, and mitigate legal risks.

Duties and Responsibilities

The key roles and responsibilities of the Legal Operations Specialist include but are not limited to:

• Support in the continuous improvement of the Legal Department's processes, systems, and technology including supporting the development and implementation of pipeline of projects to increase efficiency/effectiveness.
• Support the Legal Operations Department in proactively compiling, analyzing, and reporting on data related to Legal Department Operations in order to generate metrics to assess efficient utilization of department resources and achieve greater productivity, while ensuring alignment with the Department's objectives.
• Collaboratively work with other stakeholders within the organization to identify and effectively solve problems, working with consulting staff to implement solutions identified.
• Support the Legal Operations Department in providing project management support for the Legal Department, including project plan development, routine status management, and task tracking.
• Project management of the end-to-end transaction lifecycle of multi-stakeholder transactions for the Group's lending activities.
• Supporting the review of and reconciliation of the Legal Department's budget monthly, providing updated quarterly and annual forecasts as necessary.
• Supporting various technical and clerical tasks in connection with the management and the closing of matters handled by the Department (e.g., producing documents, making, and receiving phone calls, and preparing and sharing correspondence, routing of documents, processing instructions and invoices from external counsel, etc.)
• Maintaining legal files (both hard copy and electronic format) in accordance with the applicable Bank policies.
• Supports arranging meetings, preparation for meetings, and follow up tasks after meetings, to support the day-to-day activities of the Department.
• Supporting various operation-related projects and initiatives in the department.

Qualifications and Competencies

• A minimum of a Bachelor's degree in business management, business administration, or business organization from a recognized institution. Possession of a Master's degree in a relevant field is an added advantage.
• A minimum of 5 years of substantive relevant experience.
• International work experience in a commercial, financial, or professional services firm and/or public sector financial body (e.g., international law firm, multinational corporate, bank, insurance company, international consulting firm, DFI, Ministry of Finance, National Treasury, Sovereign Wealth Fund) is an added advantage.
• Proven track record and experience in managing projects.
• Professional qualification as a project manager is an added advantage.
• Strong analytical and critical thinking skills, coupled with ability to adapt and be flexible to find solutions.
• Strong problem solving, negotiation, organizational and planning skills with the ability to work in a multicultural environment, manage dynamic priorities, and work under pressure to deliver on strict deadlines.
• A results-oriented individual with excellent communication, facilitation, and interpersonal skills.
• Fluency in English is a requirement for the Legal Operations Specialist.