Title: Trade Finance Section Head – Elsewedy Electric

Department: Finance
Company: Elsewedy Electric

Job Overview:

As the Trade Finance Section Head at Elsewedy Electric, you’ll lead the company’s trade finance operations. This includes managing international trade, reducing risks, and ensuring all activities meet regulatory standards. You’ll work closely with internal teams, clients, and financial institutions to create trade finance solutions that support business goals, improve cash flow, and strengthen the company’s global presence. Key tasks include structuring finance deals, managing letters of credit, and providing guidance on trade practices. You’ll also keep an eye on market trends, track performance, and help drive company growth and profits.

Key Responsibilities:

1. Manage Trade Finance Operations:
Oversee all trade finance activities like letters of credit, documentary collections, and bank guarantees.

2. Risk Assessment:
Identify and reduce risks linked to international trade while staying compliant with laws and regulations.

3. Client Relationships:
Build and maintain strong relationships with clients, banks, and financial institutions for smooth trade operations.

4. Financial Structuring:
Create custom trade finance solutions for clients to boost cash flow and working capital.

5. Market Analysis:
Keep up with global trade trends to help with decision-making and improve services.

6. Regulatory Compliance:
Ensure all trade finance activities follow international trade rules and internal policies.

7. Cross-Department Collaboration:
Work with teams from sales, logistics, and legal to resolve trade transaction issues.

8. Performance Tracking:
Monitor trade finance performance and offer suggestions for improvement.

9. Team Training:
Mentor your team on best practices in trade finance, compliance, and operational processes.

10. Strategic Planning:
Contribute to the company’s trade finance strategy and explore growth opportunities.

Desired Outcomes:

  • Efficient Transactions: Ensure timely and accurate processing of all trade finance transactions.
  • Risk Reduction: Minimize losses by successfully managing trade risks.
  • High Client Satisfaction: Build strong relationships with clients, encouraging repeat business.
  • Improved Cash Flow: Implement solutions that enhance working capital for both the company and its clients.
  • 100% Compliance: Ensure all trade finance activities are compliant with trade regulations.
  • Informed Decisions: Provide valuable market insights to guide strategy.
  • Team Growth: Develop a knowledgeable team with reduced turnover.
  • Performance Improvement: Set KPIs to track and improve operational efficiency.
  • Innovative Solutions: Introduce new trade finance products to meet client needs and boost revenue.
  • Strategic Role: Play a vital part in company strategy, driving business growth and market expansion.

Skills You’ll Need:

  • Analytical Skills: Ability to assess financial data and trade laws for informed decision-making.
  • Communication Skills: Strong written and verbal communication to engage clients, stakeholders, and team members.
  • Negotiation Skills: Expertise in negotiating with clients and financial institutions for favorable deals.
  • Problem-Solving: Ability to find solutions to trade finance challenges.
  • Attention to Detail: Thorough in reviewing documents for accuracy and compliance.
  • Interpersonal Skills: Build strong relationships across various departments.
  • Adaptability: Be flexible in responding to changing market trends and regulations.
  • Organizational Skills: Manage multiple projects and meet deadlines effectively.
  • Cultural Awareness: Understand cultural norms in international trade.
  • Leadership: Lead and motivate your team to excel and grow.

Qualifications:

  • Bachelor’s degree in Finance, Business Administration, E-commerce, or a related field.
  • 7-10 years of experience in trade finance, banking, or international business.
  • CTFP, CITP, or CITF certification preferred.
  • Proficient in Microsoft Office (Excel, PowerPoint).
  • Fluent in English.

Application Deadline: October 29, 2024
Apply at: d.offen@elsewedy.com