The Bank & Trade Finance Executive is responsible for managing banking operations and trade finance documentation, ensuring seamless import and export transactions while maintaining compliance with CBN regulations and Nigerian trade requirements.
The role coordinates banking relationships, Form M, PAAR, NXP, Letters of Credit (LCs), and customs documentation, while leveraging AI tools and SAP to improve documentation, tracking, and reporting processes.
Key Responsibilities
Manage day-to-day banking relationships, trade finance transactions, and banking documentation.
Process and monitor Form M, PAAR, NXP, Letters of Credit (LCs), bank guarantees, and other import/export documents.
Coordinate with banks, customs brokers, shipping agents, and regulatory bodies to ensure timely shipment clearance.
Ensure compliance with CBN foreign exchange regulations, Nigeria Customs Service requirements, and applicable trade policies.
Maintain accurate digital records of banking and trade documentation for audit purposes.
Prepare regular reports on trade finance activities, shipment status, and banking transactions for the CFO.
Utilize SAP and AI tools to automate documentation, tracking, reconciliation, and reporting processes.
Identify opportunities to improve trade finance and banking processes.
Requirements
Bachelor's degree in Finance, Accounting, Business Administration, Commerce, or a related field.
3 - 6 years of experience in trade finance, banking operations, or import/export documentation.
Hands-on experience with Form M, PAAR, NXP, Letters of Credit, and Nigerian trade finance processes.
Good knowledge of CBN foreign exchange regulations, Nigeria Customs procedures, and Incoterms.
Proficiency in Microsoft Office and SAP ERP.
Experience using AI tools for document management and process automation.
Strong analytical, organizational, communication, and stakeholder management skills.