Trade Finance Operations Officers - Occupations (2024)

Trade Finance Operations Officers

  • Competencies
  • General Requirements
  • Work Environment
  • Related Occupations
  • Competencies
  • General Requirements
  • Work Environment
  • Related Occupations

Descriptions & Duties

Trade Finance Operations Officers - Occupations (1)

  • Trade Finance Operations Officers supervise and direct the provision of accurate and timely service on the finance of imports and exports with or without letters of credit, collections, incoming and outgoing payments, foreign exchange, indemnities of letters of credit and acceptances in support of trade financing transactions.

Generic Competencies

Physical Abilities

Physical abilities

  • Physical strength
  • Eye hand coordination / precision / dexterity

Importance:1 (Max:5)

Skill is rarely required

Technology Skills

Technology skills

  • Computer literacy
  • Application of technology

Importance:4 (Max:5)

Skill is frequently required

Cognitive Abilities

Cognitive abilities

  • Creativity
  • Visualisation
  • Logical thinking

Importance:3 (Max:5)

Skill is basically required

Comprehension And Expression

Comprehension and expression skills

  • Reading comprehension
  • Oral / written expression

Importance:4 (Max:5)

Skill is frequently required

Social Skills

Social skills

  • Communication
  • Negotiation
  • Persuasion

Importance:3 (Max:5)

Skill is basically required

Organisation And Execution Skills

Organisation and execution skills

  • Planning
  • Organising
  • Judgement
  • Decision making

Importance:4 (Max:5)

Skill is frequently required

Problem Solving Skills

Problem solving skills

  • Ability to solve simple and complex problems effectively and efficiently

Importance:4 (Max:5)

Skill is frequently required

Management Skills

Management skills

  • Leadership
  • Management of finance / time / people / other resources

Importance:4 (Max:5)

Skill is frequently required

Trade Specific Competencies

Decision-making skills

Trade Finance Operations Officers may make decisions for trade financing transactions.

Detail oriented

Trade Finance Operations Officers must pay close attention to the details of trade financing market.

Math skills

To judge the profitability of potential deals, Trade Finance Operations Officers must have strong math skills.

Knowledge of trade finance products

Trade Finance Operations Officers require thorough knowledge on trade finance products in order to provide accurate and timely trade financing service.

General Requirements

Academic qualification

  • A recognised bachelor's degree in business administration, finance, accounting, economics or equivalent

Career Path & Salary

Private Sector

Monthly Salary $20,000-$30,000

Monthly Salary $20,000-$40,000

Monthly Salary $40,000-$60,000

Work Environment

Trade Finance Operations Officers - Occupations (3)

  • Trade Finance Operations Officers generally work in an office setting. They need to work overtime to meet deadlines.

Related Occupations

Trade Finance Operations Officers - Occupations (2024)

FAQs

What are the roles and responsibilities of trade finance operations? ›

Trade Finance Operations Officers supervise and direct the provision of accurate and timely service on the finance of imports and exports with or without letters of credit, collections, incoming and outgoing payments, foreign exchange, indemnities of letters of credit and acceptances in support of trade financing ...

Who is a trade finance officer? ›

Job Description

The Trade Finance Officer performs the following duties: Identify and structure suitable transactions/clients and identify suitable counterparties (collateral managers, trade finance insurers, etc.) and financing partners/agent banks in case of syndication/co-financing.

What is the role of a trade finance professional? ›

Your main task is to attract new clients (sales) involved in international trade such as exporters and importers by offering them our trade finance services such as LC (Letter of Credit, SBLC (Stand-by Letter of Credit), BG (Bank Guarantee) necessary for them to trade successfully in the global market.

Is trade finance a good job? ›

Is trade finance a good career choice? For those with a global mindset, an eye for detail, and a thirst for varied challenges, trade finance can be a fantastic career choice.

What is the role of a trade operations executive? ›

Handling end-to-end trade operations. Preparation of full set shipping documentations (Contracts, invoice, packing list, certificate of origin, letter of credit application preparation, bill of lading instructions, credit/debit notes, LOI etc) Handling of contracts related activities.

What does a trade operations manager do? ›

Key Responsibilities:

Check, review and approve daily transactions. Provide professional advice and guidance to customers and business lines. Review operational workflow and support ad-hoc bills-related projects. Provide coaching and training to subordinates on daily bills operations.

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