Due to the ongoing expansion of this top tier bank's Trade Finance team, an opportunity has become available to join the team as a Senior Officer within their import and export department.
You will have a good command of industry publications including UCP600 and ISBP and have experience in several key activities including Letter of Credit confirmation, negotiation, guarantees, discounting of bills and monitoring the transaction life cycle from inception to settlement. You will have a deep understanding of transactional risk and be able to identify areas for improvement to tighten control.
The successful applicant will possess excellent communication skills that will allow you to provide sound advice to clients and resolve queries and discrepancies quickly and efficiently. With a keen eye for detail, you will be meticulous in checking both import and export documentation to further mitigate financial risk to the bank. You will also be responsible for the issuance and receipt of all documentary credits, standby LCs and other related Trade Finance products.
With more than 4 years' relevant experience in Commodity Trade Finance, you will bring to the bank a wealth of knowledge and expertise of the industry. This position is high profile within the bank and will involve interaction with several key business relationships including Relationship Managers, Treasury Dealers, Product Managers and other areas of the bank both locally and regionally.
This is an opportunity to join a department that has expansion plans over the next 12 months with increased head count to support the highly successful and growing trade finance business. If you have the capability, knowledge and expertise and the ambition to further your career, apply today to this market leading Investment Bank.
The panic hasn't even started!
As ordinary citizens with no power over the levers of policy, we watch from the sidelines, and weep. The whole global economy has tipped into a downward spiral. Trade and output are contracting at rates that outstrip the leisurely depression of the 1930s. Debt deflation has simply washed over the drastic measures taken by governments everywhere.
Judging by the latest Merrill Lynch survey of fund managers, investors have a touching faith that China is going to rescue us all and re-ignite the commodity boom
Get ready for higher long term interest rates
Higher U.S. interest rates will be due to:
1. Higher inflation; cheaper dollar. T-buyers are demanding a higher
interest rate to compensate for inflation and the falling dollar.This
inflation is caused by higher world commodity prices and is outside
control by the Fed Reserve.
2. Foreign sovereign funds are pulling out of U.S. Treasuries. The
Chinese economics minister and OPEC spokesman and others have already
announced this pull back Foreigners, who own more than half of our $9.5