Bank and Trade Executive

Responsibilities:

• Act as the primary day-to-day contact with banks for routine transactions, credit facilities, bank guarantees, remittances, and trade finance instruments.
• Prepare, verify, and submit banking documentation (facility requests, LC applications, bills for collection, guarantee requests), ensuring accuracy and compliance with internal policies and regulatory requirements.
• Track utilization and expiry of credit lines, LCs, and guarantees; alert the CFO ahead of renewals and margin/collateral calls.
• Verify bank charges, interest, and COT against agreed terms; flag and recover excess charges.
• Initiate and process Form M on the Nigeria Single Window / bank trade portals; follow through to approval and PAAR (Pre-Arrival Assessment Report) issuance.
• Coordinate letters of credit, bills of lading, commercial invoices, packing lists, certificates of origin, SONCAP/NAFDAC certificates, and other customs-related paperwork for imports.
• Process NXP forms for exports and monitor repatriation of export proceeds within CBN-stipulated timelines; maintain compliance with NEPC registration requirements.
• Follow up daily with customs brokers, shipping agents, terminal operators, and inspection agencies to ensure timely clearance of shipments and minimize demurrage and detention costs.
• Assist in resolving discrepancies in trade documents (LC discrepancies, short-shipments, classification/valuation queries) with banks, Nigeria Customs Service, and counterparties.
• Ensure adherence to CBN foreign exchange regulations, Nigeria Customs Service requirements, and applicable trade regulations; keep abreast of circulars affecting imports, exports, and FX.
• Use AI tools and the company's ERP (SAP) to automate document preparation, shipment tracking, reconciliation, and reporting.
• Identify and implement at least two documentation/process improvements per year.

Requirements:

• Bachelor’s degree in Commerce, Finance, Accounting, Business Administration, or a related field.
• 3–6 years’ experience in banking operations, trade finance, or import/export documentation; hands-on experience with Nigerian trade processes (Form M, PAAR, NXP, LCs) strongly preferred.
• Working knowledge of CBN foreign exchange regulations, Nigeria Customs procedures, and Incoterms; familiarity with UCP 600 is an advantage.
• Strong organizational, communication, negotiation, and follow-up skills; high attention to detail.
• Proficiency in MS Office and ERP systems (SAP preferred).