Trade Officer Contract

Durban, KwaZulu-Natal
R250,000-350,000 per year
Contract
Full-time

1 month ago

12-Month Contract Opportunity - Trade Finance Officer | DurbanAre you a detail-oriented trade finance professional with a strong understanding of international banking norms, exchange control regulations, and Shariah-compliant financial practices?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. This role is ideal for a banking or finance professional with experience in international trade transactions, foreign exchange, and client-focused service delivery.Role SummaryThe Trade Officer will be responsible for processing payment requests related to local and international trade transactions, ensuring all activity complies with Shariah principles, exchange control regulations, and internal bank policies. The role involves significant client engagement, document vetting, transaction finalization, and support of trade finance advances and foreign payments.Key ResponsibilitiesForeign Documentary Transactions:Process and review Import Letters of Credit (LCs) and Bills for CollectionEnsure documentation accuracy and compliance with international banking standardsLiaise with clients on discrepancies and obtain written confirmationsCoordinate finalization of transactions and applicable chargesForeign Non-Documentary Transactions:Handle Outward Telegraphic Transfers (imports)Process commercial and proforma invoicesVet payment instructions for accuracy and complianceManage exchange rate confirmations and executionTrade Finance Advances & Local Payments:Administer both documentary and non-documentary foreign paymentsReview and approve payment requests in accordance with Shariah principlesProcess local payments while ensuring regulatory alignmentEnsure timely submission of Offer to Purchase and monitor shipment documentationClient & Internal Support:Address and resolve customer inquiries and complaintsSupport internal departments with trade-related queriesCompile audit files and ensure compliance reportingAssist in back-office operations when necessary for coverageQualifications & ExperienceDiploma or certificate in International Trade (advantageous)2-5 years of experience in general banking, accounting, or international trade financeExperience working with Shariah-compliant financial systems is highly preferredKnowledge & SkillsIn-depth knowledge of Shariah principles in trade financeStrong grasp of exchange control regulations and international banking standardsProficiency in Microsoft Office and core banking systemsSolid understanding of payment processing, SWIFT transactions, and client reportingStrong attention to detail, communication skills, and ability to meet strict deadlinesLocation: Durban (Head Office)
Contract: 12-Month Fixed Term
Start Date: As soon as possible
Remuneration: Market-related and aligned to experienceContact Hire Resolve for your next career-changing move.
Our client is offering a highly competitive salary for this role based on experience.Apply today - contact Lidene Pienaar at Hire Resolve or on LinkedIn
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Send your CV to:We will contact you telephonically within 3 days if you are suitable for this vacancy. If not, we'll keep your CV on file and reach out regarding future opportunities.

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