Job Purpose:

This position supports the Manager, Trade Operations in management and governance for the Trade Operations department. He/ she will offer support to Corporate and Institutional Banking and Retail Banking Divisions of the Bank with regard to Trade operations.

Main Responsibilities:

• Processing in strict compliance with the various local and international laws, market set standards and Bank’s risk standards while ensuring continuous improvements to lean the current processes and effective risk management to protect the Clients and Bank’s interests
• Compliance to Operational risk management, periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls and highlighting issues discovered and follow through plans to mitigate the risks
• Transaction processing over appropriate systems, related accounting entries processing, reporting and communication to third parties
• Manage Reconciliation of all accounts related to Trade Finance products and follow up of all long outstanding items
• Effective risk management to protect the Clients and Bank’s interests during the day-to-day operations.
• Support the Manager in providing guidance for Periodic self-assessment checks on key controls in the department to assess the proper functioning and adequacy of controls.
• Support the manager in management of Business Continuity Plans / Disaster Recovery Plans’ process as recommended by the CBK Prudential guidelines, Bank’s policies and best practice.
• SLA review, adherence, monitoring & breaches reporting to ensure clients’ interest are fully protected and delivering value added services in accordance to established procedures, regulations & laws and the Bank’s business need
• Monitor all system- issues within the department and coordinate for closure of issues raised to build effective, efficient and well controlled processing processes in line with Bank’s set policies, procedures & guidelines, SLAs as well as other regulations and standards and report all suspicious activities

• Participate in developing and updating of procedures and controls for Operational Risk management within the department
• Support the manager in delivery of department initiatives and ensure they are in line with the Bank’s strategy

Educational qualifications and work experience:

• Bachelor’s degree in Business related field,
• Possession of Professional Qualifications in CTFP is an added Advantage
• Minimum Two (2) years of experience