E T Consultant, Trade and Supply Chain Finance at International Finance Corporation (IFC)

IFC is seeking an Extended Term Consultant (ETC) to cover IFC trade activities globally with a focus on Africa based in Lagos. The ETC will work on deals execution under GTFP by connecting local banks with global trade finance markets. The ETC will report to the Regional Lead, Trade and Supply Chain Finance, work under the supervision of the Resident Trade Officer and will be a member of the Global Trade team which has its staff based in Washington DC and across IFC regions.  

The ETC is expected to:

• Apply a thorough knowledge of trade finance, financial markets, emerging markets, and mobilization as well as sector and country risks and how to manage those risks.
• Under the supervision of the Regional Lead and Trade Officers, originate and execute trade finance transactions with Issuing Banks under IFC’s Global Trade Finance Program (GTFP) by connecting with regional and global GTFP Confirming Banks;
• Monitor trade lines and ensure that transactions are consistent with all corporate guidelines, including the trade operational guidelines;
• Monitor and execute daily trade finance transactions in the region, facilitate timely processing of amendments and cancellations by working closely with the GTFP Operations team;
• Maintain contacts with GTFP Issuing Banks and stay abreast of market development to manage risks in the portfolio;
• Track program activities by using IFC’s corporate systems and prepare reports as needed; 
• Monitor GTFP billing follow up with clients on timely payments as well as and any Trade Survey quest;
• Contribute to trade appraisals by analyzing the potential banks’ trade finance operations, trade finance track record, risk control framework, trade booking systems, processes and procedures, skill sets of trade processing staff, and identify any advisory needs.
• Contribute to business development, regional coordination, and processing of trade finance projects from origination, due diligence, structuring, negotiations, approval process, documentation execution, and management of portfolio by collaborating with FIG regional colleagues.
• Support all other tasks requested by the Regional Lead for existing or pipeline of the trade finance programs.

Selection Criteria

• Minimum 4-8 years of experience in trade finance with a local/international commercial bank or international organization.
• Advanced degree or equivalent professional qualification in Business Administration, Finance, Economics or the related field is required.
• Excellent knowledge of commercial banking products and services, experience in correspondent banking relationships and international trade and good knowledge of the relevant products.
• Strong financial and credit skills along with analytical ability.
• Strong teamwork, organizational, negotiation, and marketing skills.
• Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds; and
• Ability to interact directly and independently with management of potential clients.