TRADE OFFICER

Standard Chartered Bank South Africa

January 2013 to Actually working here

To effectively and efficiently process trade transactions in accordance with bank?s policies procedures and prevailing local regulations.
Perform the primary check on Import and Export transactions strictly as per current DOI?S.
Provide advisory services to internal and external stakeholder on International Trade Products and process flow.
Trade Finance and commodity Trading.
Structuring of Trade finance deals- Import /Export Invoice Finance, Proforma Finance, Receivable Services, Input finance, Finance against warehouse, import trade loan.
Support customers and relationship managers in corporate, commercial and minor investment banking operations.
Working closely with CMT department ? processing deals for values USD500, 000.00 and more.
Handling of all queries, with foreign bank, customers and relationship managers, ensuring all verifications, process checking?s done.
Ensuring daily compliance checks are conducted, vessel checks and sanctions checks and credit approval is obtained for gtees.
Processing and checking of gtee applications forms, forwarding to legal to have wording vetted and process.
Part of the Product Team this year ? instructmental in having Two new products be offered in RSA ?BDBR (Bills Discounting against Buyers Risk) and BBTL ? Involved in having the correct systems sourced to cater for these products within country.

Import Trade Specialist

FIRST RAND BANK ? INTERNATIONAL TRADE

January 2010 to January 2013

? Monthly audits of IBC and mini audits of department, Balancing of Nostro account on daily bases.
? Checking Recons on daily base. Following up on outstanding debits on Nostro account.
? Second checking Blues and Commission report on daily base and balancing G/L records accordingly.
? Querying for Bills of Entry and marking up bills of entry on Trade.
? Processing payments ? booking FEC?s and Spot Deals for non direct dealing client and liaising with treasury on daily bases.
? Checking Holagan and Live Reports.
? .Maintain and Identify leads to cross- sell new products to existing relationships with team and Client.
? Report back to branches/ clients on the status of their applications; Supervise all administrative activities including the supervision of G/L; Remain up to date with regard to policies/prescripts applicable to work to ensure effective/efficient support; Assist the IBC division with administrative support as and when Requested.
? Attending to Foreign bank?s queries, overseas suppliers and local client within SLA times.
? Establishing Import Letters of Credits, arranging finances solutions and options to our clients.
? Receiving and checking of Import Document from Foreign bank and advising client & foreign bank of discrepancies.
? Following up with payments and queries, management of foreign exchange regulations and compliances.
? Management of foreign exchange regulations and compliances.
? Liaising with clearing agencies.

Import Trade Officer & Outward Officer

Standard Bank (International Trade Services)

May 2007 to January 2009

? Endorsing of documents constantly provides professional & Effective services to Internal & External clients.
? Increasing profits reducing loss & minimizing risks in order to meet its objectives.
? Daily processing of all drafts Outward TT?S clean BE?s & BEFA & CFC related transaction Ensuring all transactions are in accordance with excon Ruling & all documents are stamped, Exchange provided.
? Ability to work under pressure to avoid missing cut-off times for payment and ensure all transactions is released with accuracy.
? Accountable for the competences of the transactions. Determine accuracy categorization of all transaction as per Reverse Bank policies and regulations.
? Assists client with Bank G/tee, wording. Provide risk advisory services to client.
? To monitor transactions bases on risk.
? Diaries and following up with non payment, queries and recovery of outstanding commission.
? Ensure compliance with load down compliance legislation to ensure that the interest of the
? Bank are protected to avoid lose in business and revenue.

One year Interior Decoration & Design/ Majors Studies Events Co-ordination, Project Management

Currently studying

Career Goals

Industries of interest

Areas of interest

Availability to travel and work outside the city

No

Interests and hobbies