Job Purpose:

Reporting to the Manager, Trade Finance, the position is responsible for supporting the implementation and monitoring of collateral management arrangements (CMAs) for structured trade finance transactions, particularly those involving petroleum products and LPG. The role will coordinate with the Relationship managers, Trade Finance Front office, Operations, Credit, and collateral managers to safeguard the Bank’s trade exposures.

Key Responsibilities:

Collateral Management Execution

• Ensure timely onboarding and renewal of Collateral Management Agreements (CMAs) with clients and approved third-party collateral managers.
• Ensure all Collateral Management Agreements and addendums are duly reviewed by the Legal department before execution.
• Validate daily stock positions and reports (e.g., warehouse receipts, collateral management stock reports) and monitor movement of goods under collateral, as per Collateral Management Agreement terms.
• Ensure that goods are stored in approved warehouses/tanks under valid insurance cover, with proper access control.

Trade Execution Oversight

• Liaise with the respective relationship managers, Trade Finance front office and operations, to ensure correct capture of CMA/CFA-linked transactions (Notifications to finance, Side-Agreements, Letters of Undertaking, Import LCs, Releases, etc).
• Ensure timely execution of Financing notifications, KPC Side-Agreements by the Bank’s authorized signatories.
• Ensure prompt processing of CMA stock releases against approvals and validate end-to-end documentary compliance (e.g., bills of lading, customs entries, invoices etc).
• Maintain an up-to-date schedule of all outstanding CMA/CFA transactions, track collateral values against facility limits, and ensure approved margins are maintained
• Coordinate inspections, reconciliations, and periodic stock audits with collateral managers and clients.
• Provide the relevant stakeholders with a weekly report of outstanding CMA/CFA transactions.
• Manage processed transactions by ensuring proper filing and record maintenance.
• Ensure prompt and early alerts of upcoming CMA/CFA loan maturities to the relationship managers, Trade Front Office, and the client(s).

Systems, Documentation & Compliance

• Maintain a structured repository of CMA contracts, tripartite agreements, inspection reports, and collateral tracking tools.
• Ensure all collateral-related terms are audit-compliant and embedded into internal trade systems or trackers.
• Follow up on inspection reports, insurance renewals, and stock audit schedules.
• Support internal and external audits and regulatory inspections.
• Support system enhancements or digitalization efforts for real-time collateral visibility

Work Relationships

Internal     External

• Corporate Relationship Managers Collateral Managers
• Trade Finance Front Office
• Trade Operations
• Finance, Audit, Risk & Compliance, Treasury

JOB REQUIREMENTS:

• University Degree in a business-related field from a recognized institution. Post-graduate and/or Banking qualifications will be an added advantage.
• Minimum three (3) years’ banking experience with a good understanding of trade finance products.
• Highly attentive and keen to detail
• Ability to work under minimal supervision
• Good planning and organization skills, with ability to prioritize.
• Ability to work under pressure.