Job Vacancy at African Development Bank (AfDB) for Senior Trade Finance Officer

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction. The Bank Group achieves this objective by:

• mobilizing and allocating resources for investment in RMCs; and


• providing policy advice and technical assistance to support development efforts.

One of our greatest assets is our diversity and we are bound by shared values, committed to our mission and proud to be a leading development finance institution on the continent. While our size and range of business activities mean we have many different kinds of jobs and working environments, you will find the most important things that make us who we are right across our organization.

The following vacancy exists:

Job Title: Senior Trade Finance Officer - Private Sector and Microfinance Department

Duties and responsibilities

Under the supervision of the Division Manager and with guidance from the Lead Trade Finance Officer, the Trade Finance Officer will :

• Conduct credit analysis and due diligence on potential issuing banks throughout  the region and other  counterparties banks and prepare credit proposal on each counterparty in coordination with the trade finance team leader;


• Establish relationships and maintain active contact with counterparties in the field of trade finance;


• Stay abreast of market developments to proactively set pricing and manage risks taken in the portfolio;


• Monitor trade finance lines and ensure that exposures booked are within bank credit limits and are consistent with all the Bank's corporate guidelines;


• Contribute and assist in the preparation of credit application to the Board;


• Track program activities through the implementation of appropriate systems and preparation of relevant  reports on the program for management;


• Participate in discussions and negotiations with banks and other financial institutions in the region in order to foster business relationships with AfDB.


• Assists the Trade Finance team leader in speaking with and/or negotiating with the banks participating in the trade finance programs regarding the pricing of transactions, individual bank limits, and compliance with financial covenants; and


• Perform other responsibilities in cooperation with the Trade Finance team.

Selection Criteria

Including desirable skills, knowledge and experience

• A minimum of a Master’s degree in Business Administration, Finance, Economics, Management or other relevant fields;


• Preferably un minimum of 5 years’ experience in documentary trade finance/correspondent banking with a commercial bank;


• High level of structuring and credit skills;


• Excellent written and verbal communication skills in English and/or French, and preferably with a working knowledge of the other language;


• Ability to build working relationships (internal and external);


• Strong organizational, administrative, negotiation, marketing and presentation skills;


• Ability to work under time pressure.

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