Trade Finance
6 days ago
The Trade Finance & Sales Specialist will be responsible for managing and overseeing trade finance operations while supporting the sales team in driving business growth. This position will ensure smooth financial transactions in international trade, along with providing sales support, customer relationship management, and driving new business opportunities. The ideal candidate will have a strong understanding of trade finance products and services, excellent communication skills, and a sales-driven mindset.
Key Responsibilities:
Trade Finance Management:
Facilitate and manage trade finance products such as Letters of Credit (LC), Bank Guarantees, Trade Credit Insurance, and Export/Import Financing.
Coordinate with banks, financial institutions, and customers to ensure smooth and timely execution of trade finance transactions.
Provide guidance on trade finance risks, compliance, and documentation requirements.
Conduct due diligence and risk assessments on trade transactions.
Monitor and reconcile trade finance transactions to ensure accuracy and compliance with regulations.
Sales & Business Development:
Collaborate with the sales team to identify and pursue new business opportunities in global trade and finance.
Understand customers’ trade finance needs and propose appropriate financial solutions that drive sales and business growth.
Support the creation of proposals and contracts for trade finance products in coordination with the sales team.
Maintain strong relationships with existing customers to ensure high levels of customer satisfaction and retention.
Provide input on pricing strategies, terms, and negotiation tactics to drive sales growth.
Client Relationship Management:
Act as the primary point of contact for clients seeking trade finance solutions.
Offer continuous support to customers throughout the lifecycle of trade finance transactions, from pre-sale to post-sale.
Regularly engage with clients to ensure their needs are met and to identify potential upselling and cross-selling opportunities.
Conduct periodic reviews of client accounts to assess satisfaction and explore further business opportunities.
Risk and Compliance:
Ensure all trade finance transactions comply with internal policies, international trade regulations, and financial standards.
Provide guidance and recommendations to sales teams regarding the financial risks associated with trade transactions.
Stay up to date with changes in international trade regulations and compliance requirements, ensuring the organization is always aligned with industry standards.
Reporting & Analysis:
Prepare and present reports on trade finance activities, sales performance, and business development initiatives to senior management.
Analyze trade finance trends and market conditions to provide actionable insights to both sales and finance teams.
Track the effectiveness of trade finance solutions and sales initiatives to optimize performance.
Key Requirements:
Bachelor’s degree in Finance, Business Administration, International Trade, or related field.
Proven experience in trade finance operations (Letters of Credit, trade loans, guarantees, etc.) and understanding of international trade processes.
Experience in sales support, client relationship management, and business development.
Strong knowledge of financial instruments and documentation involved in trade finance.
Excellent communication, negotiation, and interpersonal skills.
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