Careers

Business Development Manager – Trade Finance & FI

ID: 001

Department: Business Development

Reports to: Chief Business Officer                                                                  

Controlled Function: Certification Staff

Location: London                                                                                               

Hours of work: Full-time, Monday to Friday the role is based 4 days in the office and 1 day working from home either on a Monday or Friday.

Job Purpose: Identify new opportunities within trade finance, treasury and loans syndication for non-Egyptian markets.

Main Responsibilities:

  • Develop and grow trade finance lines of business outside of Egypt including discounting of trade finance instruments and risk participation with other banks.
  • Provide support and cover for the Consultant – Egypt Business Development to develop and grow trade finance lines of business within Egypt.
  • Manage the bank’s exposures within approved limits.  Sell down effectively and efficiently any transactions required to keep exposures within limits, while maximising pricing.
  • Manage the process with the oil LC, including liaising with potential confirming banks in an efficient and timely manner, while maximising pricing.
  • Identify new business opportunities in line with the approved risk appetite, risk profile of the Bank’s strategy and to market the Bank’s services appropriately.  In respect of achievable business opportunities to seek and recommend all relevant risk limits required to undertake the proposed business.
  • Achieve budgets set.
  • Use the list of authorised limits, both for countries and financial institutions, in the development of marketing plans and bring about increased utilisation of limits where possible.
  • Identify new market counterparties (preferably non-Egyptian) to participate in transactions.
  • Identify alternative and new funding USD solutions.
  • Ensure that all information, including the Bank’s, is handled and managed in a strictly confidential manner.
  • As ‘Certification Staff’, ensure the Bank’s AML, counter terrorist financing, sanctions, anti-bribery and corruption and fraud prevention, complaint handling and treating your customer fairly policies, procedures and together with other regulated regulatory guidelines are adhered to at all times by the Business Development Department’s personnel.
  • As ‘Certification Staff’, ensure the policies and procedures for the Senior Managers and Certification Regimes and Conduct Rules requirements are adhered to by the Business Development Department at all times.

Experience & Skills required:

  • At least 5 years Trade Finance and FI business development and relationship management, preferably in the Middle East.
  • Asset distribution experience preferable.
  • Relevant degree or equivalent.
  • Fluent in Arabic and English.
  • Excellent written English.
  • Excellent numeracy skills.
  • Excellent communication skills.

Applicants must have the right to work in the UK. Proof of eligibility will be required as part of the hiring process.

Apply now