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 toInternational Standard Banking Practice (ISBP), ICC Uniform Customs and Practice for Documentary Credits (UCP) 600, International StandbyPractice (ISP) 98 rulings where applicableProcess reimbursement claims/settlements in accordance with Uniform Rules for ReimbursementConduct due diligence and workability checks on the Export/Import Documentary Credit this includes regulatory and compliance checksManage workflow and the team to ensure all risks are mitigatedIdentify 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 financeCertificate in International Trade Finance (CITF)3 – 4 years Foreign ExchangeMatric / Grade 12 / National Senior CertificateAdvanced Diplomas/National 1st Degrees3 – 4 years experience with all relevant publications governing Documentary Credits such as International Standard Banking Practice, UniformCustomers 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/complianceJob Details:Company:NedbankVacancy Type:Full TimeJob Location:Roodepoort, Gauteng, South AfricaApplication Deadline: N/A(ads2)Apply Hereinstantcareers.net#J-18808-Ljbffr