Job Description
About the Role
A leading financial institution is seeking a highly competent Trade Officer to join their Durban-based head office on a 12-month fixed-term contract. The ideal candidate will have experience in international trade transactions, foreign exchange, and client-focused service delivery.
Key Responsibilities
- Process and review Import Letters of Credit (LCs) and Bills for Collection
- Ensure documentation accuracy and compliance with international banking standards
- Liaise with clients on discrepancies and obtain written confirmations
- Coordinate finalization of transactions and applicable charges
- Handle Outward Telegraphic Transfers (imports)
- Process commercial and proforma invoices
- Vet payment instructions for accuracy and compliance
- Manage exchange rate confirmations and execution
- Administer both documentary and non-documentary foreign payments
- Review and approve payment requests in accordance with Shariah principles
- Process local payments while ensuring regulatory alignment
- Ensure timely submission of Offer to Purchase and monitor shipment documentation
- Address and resolve customer inquiries and complaints
- Support internal departments with trade-related queries
- Compile audit files and ensure compliance reporting
- Assist in back-office operations when necessary for coverage
Requirements
- 25 years of experience in general banking, accounting, or international trade finance
- Experience working with Shariah-compliant financial systems is highly preferred
- In-depth knowledge of Shariah principles in trade finance
- Strong grasp of exchange control regulations and international banking standards
- Proficiency in Microsoft Office and core banking systems
- Solid understanding of payment processing, SWIFT transactions, and client reporting
Qualifications
- Diploma or certificate in International Trade (advantageous)
Salary & Benefits
Market-related and aligned to experience.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Kwazulu-Natal
In Kwazulu-Natal, South Africa, the finance and accounting profession is a vital component of various industries, contributing to the country’s economic growth and stability. Typically, job seekers in this field can expect to find opportunities across a range of sectors, including financial services, technology, manufacturing, and more.
Generally speaking, salaries for finance and accounting professionals in Kwazulu-Natal vary widely depending on factors such as level of experience, company size, industry sector, and specific role requirements. Typically, junior positions in this field may command salary ranges between R400 000 to R700 000 per annum, while senior roles can fetch salaries between R1 million to R3 million per annum or more. However, it’s essential to note that these are broad estimates and actual salaries can vary significantly based on individual circumstances.
Common skills for finance and accounting professionals in Kwazulu-Natal include proficiency in financial software such as SAP, Oracle, or Microsoft Dynamics, as well as strong analytical and problem-solving skills. Typically, candidates with a degree in finance, accounting, or related fields, as well as certifications like the CFA or CA (South Africa) designation, are highly sought after. Other essential skills often include excellent communication and leadership abilities, as well as the capacity to adapt to changing business environments.
Various industries commonly employ finance and accounting professionals, including the financial services sector, technology industry, manufacturing sector, and more. The financial services sector is particularly prominent in Kwazulu-Natal, with many banks, insurance companies, and other financial institutions operating in the province. Technology companies are also increasingly looking for skilled finance professionals to manage their finances and operations.
Career development opportunities for finance and accounting professionals in Kwazulu-Natal are numerous. Typically, senior roles may involve managing teams of junior accountants or financial analysts, while more experienced professionals can move into leadership positions such as Chief Financial Officer (CFO) or Director of Finance. Others may choose to specialize in areas like forensic accounting, tax consulting, or risk management, offering a range of career progression paths and opportunities for advancement.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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