Job Description: To manage and lead a team of administrators and allocate and release Export/Import Documentary Collections to ensure that transactions are in accordance with international standard banking practice, rules and regulations with a view of avoiding reputational and financial risk. [ads1] Job Responsibilities: Perform checking of documents presented in accordance with the terms and conditions under the Documentary Credit and subject to International Standard Banking Practice (ISBP), ICC Uniform Customs and Practice for Documentary Credits (UCP) 600, International Standby Practice (ISP) 98 rulings where applicable Process reimbursement claims/settlements in accordance with Uniform Rules for Reimbursement Conduct due diligence and workability checks on the Export/Import Documentary Credit this includes regulatory and compliance checks Manage workflow and the team to ensure all risks are mitigated Identify Combatting Terrorist Financing (CTF), Financial Intelligence Centre Act (FICA) and Anti Money Laundering (AML), Sanctioned affected transactions that would require additional approval to determine internal compliance regulations. Job Requirements: 3 – 4 years experience in spot transactions, forward exchange contracts, options, swaps, foreign currency accounts, Nostro and Vostro accounts, exchange rates, balance of payments, exchange control, Nostro/Vostro reconciliation, SWIFT concepts, trade finance Certificate in International Trade Finance (CITF) 3 – 4 years Foreign Exchange Matric / Grade 12 / National Senior Certificate Advanced Diplomas/National 1st Degrees 3 – 4 years experience with all relevant publications governing Documentary Credits such as International Standard Banking Practice, Uniform Customers and Practice for Documentary Credits, International Standby Practices, Uniform Rules for Bank – Bank Reimbursements, International Commercial Terms (Incoterms) and ensure correct application of these rules knowledge and experience of Trade products (Documentary Credits – Standby/Commercial/Revolving, Open Accounts), Sanctions/compliance Job Details: Company: Nedbank Vacancy Type: Full Time Job Location: Roodepoort, Gauteng, South Africa Application Deadline: N/A [ads2] Apply Here instantcareers.net #J-18808-Ljbffr