19 Jun
|
The World Bank
|
Tamil Nadu
19 Jun
The World Bank
Tamil Nadu
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The Trade and Supply Chain Department (CTS) is one of the industry groups at IFC, with both investment and advisory services delivered to IFCs clients through IFCs global network. IFCs priorities in Trade are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.
Global trade is an engine of growth that creates jobs, reduces poverty, and increases economic opportunities. It is a key driver of integration and opportunities for local enterprises in emerging markets and developing countries. IFC s trade and supply chain finance programs offer guarantees, risk-sharing facilities, loans, and other structured products to support trade in emerging markets. Through these various products, IFC has supported financial institutions, buyers/importers,
and suppliers/exporters in more than 100 countries across all regions of the globe. To date, IFC s Trade and Supply Chain Finance Department has supported over US$250 billion in global trade.
CTS manages IFC s trade and supply chain finance related products, starting with its flagship program of the Global Trade Finance Program (GTFP) and other programs. IFC is seeking a Trade Finance Analyst to support the Global Trade Finance Program (GTFP) and other trade programs. The Analyst will be based in Washington, DC, and will report to the Global Manager, Products, CTSPD.
Duties and Accountabilities:
- Process trade and supply chain finance transactions, amendments and cancellations by working closely with regional trade teams;
- Work together with the Operations Team in Istanbul and contribute to ensure that transactions are consistent with all corporate guidelines, including the trade operational guidelines;
- Communicate effectively with Issuing Banks and Confirming Banks if necessary, to clarify any issues related to transactions;
- Perform regular compliance checks;
- Maintain contacts with GTFP Issuing Banks and Confirming Banks and stay abreast of market development;
- Track program activities by using the corporate systems and prepare the required reports;
- Support processing and reporting for insurance as well as other trade finance facilities; and
- Support all other tasks requested by the Operations Head to support the Operations Team and other trade finance programs.
- At least Bachelor s degree or equivalent professional qualification in Business Administration, Finance, Economics or the related field is required;
- Minimum 2 years of experience in trade finance with a local/international commercial bank/other financial institution or international organization;
- Knowledge of commercial banking products and services, experience in correspondent banking relationships and international trade products;
- Strong financial and credit skills along with analytical ability;
- Robust teamwork and organizational skills; and
- Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
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📌 Trade Finance Analyst, CTSPD (Tamil Nadu)
🏢 The World Bank
📍 Tamil Nadu