Job Description
About the Role
Our client, a leading player in the corporate banking industry, is seeking a TMU Specialist to join their team. If you have a passion for trade finance, operational execution, and risk mitigation, this could be the perfect opportunity for you!
Key Responsibilities
- Assist the Trade Finance Transaction Manager with operational execution and management of TPS group-originated trade finance deals.
- Prepare and analyze Management Information Systems (MIS) reports, identifying trends and income discrepancies.
- Ensure that revenue and premiums are recovered and penalties for partial or late payments are processed accurately.
- Conduct daily reconciliations of cash cover, collateral, call, and margin accounts.
- Monitor compliance with internal controls and ensure adherence to legal agreements, CP documents, and risk protocols.
- Coordinate the operationalization and drawdown of transactions, ensuring deals are in line with approval conditions.
- Foster and manage relationships with both internal and external stakeholders, addressing queries and providing operational support.
Requirements
- Minimum: CDCS or similar Trade qualification.
- Preferred: BComm or equivalent tertiary-level education.
- 3-4 years experience in Corporate Banking, with expertise in Trade Services (including Risk Participation, Trade Loans, Exchange Control, and Escrow Accounts).
- 3-4 years experience in Investment Banking Operations, with specific knowledge of TMU, Trade Loans, and Commodity Finance.
Qualifications
- Minimum: CDCS or similar Trade qualification.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Banking Jobs in Gauteng
The banking industry in Gauteng, South Africa is a dynamic and growing sector, with a strong demand for skilled professionals. Typically, job seekers in this field can expect to find opportunities across various sectors, including financial services, technology, and manufacturing. Generally, the industry outlook remains positive, with a common expectation of steady growth and expansion.
When it comes to salary expectations, banking positions in Gauteng typically fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. For instance, entry-level positions may start around R400 000 per annum, while senior roles can exceed R800 000. However, please note that these figures are approximate and can vary significantly depending on individual circumstances.
Common skills required for banking roles in Gauteng include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, and a solid understanding of regulatory requirements. Other essential skills often include technical expertise in areas such as accounting, risk management, or compliance. Additionally, many employers place a high value on emotional intelligence, creativity, and adaptability.
The banking industry is commonly found in sectors such as financial services, technology, manufacturing, and corporate finance. Financial services companies, for example, are often major players in the industry, while technology firms may require banking professionals with technical expertise. Manufacturing sector banks also exist, catering to the needs of specific industries.
Career development opportunities abound in the banking industry, with many positions offering clear career progression paths. Typically, entry-level roles can lead to senior management positions or specialized fields such as risk management or compliance. Opportunities for professional development, training, and mentorship are often available within organizations, allowing professionals to build expertise and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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