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Bank and Trade Finance Executive

Ascentech Services Limited | Lagos, Nigeria

Full-time Posted 1 day ago 3 views

About the Role

Ascentech Services Limited is a leading recruitment and selection firm providing executive recruitment services to top-tier companies across Nigeria. We are recruiting a detail-oriented and commercially savvy Bank & Trade Finance Executive to join our client's finance team. This role is ideal for a professional with strong banking and trade finance expertise who is ready to make a significant impact in a dynamic, fast-paced environment.

Key Responsibilities
  • Manage day-to-day banking relationships and correspondence with financial institutions
  • Coordinate trade finance transactions including Letters of Credit, Bills for Collection, and guarantees
  • Prepare and review documentation for import, export, and trade finance transactions
  • Monitor trade finance facilities, transaction status, maturity dates, and associated costs
  • Support applications for trade finance facilities and working capital lines
  • Coordinate with Procurement, Logistics, Finance, Treasury, and Operations teams
  • Ensure timely processing of import/export documentation and payment obligations
  • Monitor foreign exchange transactions and manage FX requirements for trade activities
  • Maintain accurate records of banking transactions, facilities, and financial instruments
  • Prepare regular reports on bank balances, facilities, and outstanding obligations
  • Review bank statements and reconcile transactions with internal records
  • Identify discrepancies, resolve banking issues, and follow up on pending matters
  • Support cash flow planning and ensure adequate liquidity for operations
  • Ensure compliance with company policies, banking requirements, and regulatory guidelines
  • Negotiate banking terms including facility pricing and transaction charges

Qualifications
  • Bachelor's Degree in Finance, Accounting, Economics, or Business Administration
  • 3–6 years of relevant experience in banking, treasury, trade finance, or corporate finance
  • Practical experience with Letters of Credit, bank guarantees, and trade finance instruments
  • Strong knowledge of trade finance processes and international/local trade documentation
  • Demonstrated experience managing corporate banking relationships
  • Proficiency in cash management, bank reconciliations, and financial reporting
  • Strong attention to detail and ability to manage multiple deadlines
  • Excellent communication, negotiation, and analytical skills
  • Proficiency in Microsoft Excel and financial applications
  • Experience in agriculture, agribusiness, or commodity trading sectors (advantageous)
  • Professional certifications such as ACA, ACCA, or CTP (advantageous)

Skills

Trade Finance Management Banking Relationship Management Treasury and Cash Management Letters of Credit Bank Reconciliation Import/Export Documentation Financial Analysis Negotiation Skills Foreign Exchange Management Compliance and Risk Management Microsoft Excel Financial Reporting Documentation Management Stakeholder Management
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