13 March 2014

Uganda Development Bank Ltd (UDBL) Career Opportunities - Trade Finance Officer


Organisation: Uganda Development Bank Ltd (UDBL)Reports to: Manager Business DevelopmentUganda Development Bank Ltd (UDBL) is the country's only Development Finance Institution (DFI) established in 1972. The Bank has recently re-positioned itself as a partner to the Government of Uganda in delivering the theme of its National Development Plan.Job Summary: The Trade Finance Officer acts as a central support to the trade finance front office and Business Development team in structuring & execution of trade finance deals including, issuance of trade instruments, transactional support, reconciliations, collateral management and trade settlements.Key Duties and Responsibilities:  Perform all trade finance operational functions of the Bank and coordinate with other units to ensure smooth execution of day-to-day trade finance activities in an effective and efficient manner.Actively participate in structuring and documentation of all trade finance deals, and perform compliance checks prior to disbursements.Initiate, review and implement all collateral management agreements with collateral mangers.Co-ordinate with monitoring, implementation and recoveries unit constantly to ensure compliance with loan covenants.Qualifications, Skills and Experience:  The ideal candidate for the aforementioned banking job should hold a first degree preferably in Commerce/ Economics/Finance/Business studies or any other relevant course with a minimum of a second class lower; Possession of a relevant postgraduate or a trade finance related professional qualification like CDCS or CITF, CSDG would be an added advantage.At least three to six years’ cognate experience in trade finance operations in a busy environment preferable within a financial institution.Good working knowledge of ICC rules such as UCP 600, URDG and URC and ISP 98; Comprehensive knowledge and understanding of field ware housing, collateral management and ware house receipt system; Good credit analytical skills; good presentation skills; Possess the ability to work with minimum supervision; passion/self-motivation; Ability to work under pressure If interested in working in the banking sector with Uganda Development Bank Ltd (UDBL), please send or deliver your application which should include an up-to-date curriculum vitae, photocopies of academic documents and contact addresses of three professional referees to the Director, Human Resources & Administration, 1st Floor Wing B, Rwenzori Towers, Plot 6 Nakasero Road. P.O. Box 7210, Kampala. Uganda.NB: Any form of canvassing shall lead to automatic disqualification.Deadline: Friday 28th March, 2014 by 5:00pmFor More Ugandan Jobs, Please Visit http://www.theugandanjobline.com   or find us on our facebook page https://www.facebook.com/UgandanJobline

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