Trade Finance Adviser Needed at Ericsson Nigeria-jobsfornaija
Trade Finance Adviser Needed at Ericsson Nigeria-jobsfornaija

Trade Finance Adviser Needed at Ericsson Nigeria

 

Ericsson is a world-leading provider of telecommunications equipment & services to mobile & fixed network operators. Over 1,000 networks in more than 180 countries use Ericsson equipment, & more than 40 percent of the world’s mobile traffic passes through Ericsson networks. Using innovation to empower people, business & society, we are working towards the Networked Society, in which everything that can benefit from a connection will have one. At Ericsson, we apply our innovation to market-based solutions that empower people & society to help shape a more sustainable world.

Trade Finance Adviser Needed at Ericsson Nigeria-jobsfornaija

We are recruiting to fill the position below:

Job Title: Trade Finance Adviser

Req ID: 305786
Location: Lagos, Nigeria
Categories: Finance

Responsibilities

  • Support the Market Area in cooperation with the Senior Trade Finance Advisors within Group Function Finance with relevant Trade Finance tasks.
  • This means; structuring and follow up of Letters of Credits (“L/C”) and contract guarantees, involving banks and financial institutions. Improve the group cash flow by using methods related to Trade Finance.
  • This is a team effort combining the support in contract negotiations, payment terms, and trade finance in general.

Key Activities

  • Advice and support Market Area on the use of Letter of Credits, Contract Guarantees and other Trade finance related products as well as alternative risk cover if needed.
  • Monitor credit risks, commercial as well as political
  • In cooperation with Senior Trade Finance Advisors to negotiate terms and conditions in contracts related to Letters of Credit
  • Create templates of Letters of Credit to reflect the terms and conditions in the related contract
  • Follow up with banks and customers on outstanding Letters of Credit.
  • In cooperation with Trade Finance Operations follow up expiry dates, unutilized amounts etc. on outstanding Letters of Credit
  • Provide reports &, statistics on outstanding and pending Letters of Credits or alternatives
  • Participate in the creation of a reference library for Letters of Credits, in regards of directives, templates and specific country reviews
  • Train and educate relevant Ericsson staff within the Trade Finance area.
  • Market Trade Finance services within Ericsson
  • Analyse country reports, risks and follow up on the political situation in Sub-Sahara/Africa

Qualifications

  • Excellent knowledge and experience of Trade Finance especially Letters of Credit
  • Academic education within finance, in particular in the field of Trade Finance.
  • Skills to analyse the credit risk in a transaction
  • Skills to plan, carry out and follow up business negotiations
  • Skills to communicate and ability to present and educate
  • High level of English, French are considered as an additional qualification.
  • Sound knowledge of the telecommunication industry
  • Sound knowledge of the political and economic situation in the different markets
  • Sound experience of negotiations
  • IT knowledge in general
  • Skilled in excel

Personal:

  • Accurate and stress tolerant
  • Very good team player
  • Communicate clearly
  • High integrity and knowledgeable
  • Well developed social skills

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Next Steps:

  • What happens next once you apply? Read about the next steps here
  • For your interview preparation, here are a few “Tips & Tricks” from our recruiters
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