2025-04-15

Website Bidvest Bank

Job Description:

Some of the responsibilities include implementing Documentary Trade Solutions, Open Account Trade Solutions, Foreign Exchange Hedging Solutions and in cases assisting clients with their Foreign Cash requirements (e.g., Travel Cards, Foreign notes for business travel, Banking of USD cash arising from business activities etc)

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Job Responsibilities:

  • Ensure pricing is correct both from input pricing and client profiled pricing
  • Monitor and manage operational costs monthly
  • Directly responsible for the assigned sales and revenue budget
  • Manage margins considering client pricing, funding costs and client risk profile
  • Provide input into overall budgets and business plans for Trade Solutions, Foreign exchange, and Payments:
  • Profit generation through the efficient managing the supply chain for trade solutions
  • Manage the profitability of trade solutions without compromising client profitability.
  • Revenue Generation
  • Position the bank in such a manner to ensure maximum profitability – Drive the adoption of Bidvest bank as a clients full-service banking partner.
  • Provide and thereafter manage a seamless/frictionless customer experience across trade solutions, payments, and forex for the client.
  • Manage and control efficiencies to alleviate losses

Job Requirements:

  • FAIS certified
  • Ability to operate effectively under pressure
  • Financial acumen – the ability to understand, navigate, analyze a client’s debtors, creditors, insurance, and other documents in support of a credit application.
  • 3 to 5 years’ Banking sales (e.g., Relationship Manager)
  • Post Graduate Degree
  • Expert knowledge of South African Reserve Bank regulations ad rulings
  • Financial acumen – the ability to understand, navigate, analyze a client’s financial statements
  • Good communication skills
  • ICC Trade Finance certifications
  • 3 to 5 years’ Trade solutions
  • Industry Specific qualifications in Trade Finance, Forex Dealing, Banking
  • 3 to 5 years’ Foreign Exchange solutions
  • Resourceful
  • Attention to detail
  • ACI Dealing certificate
  • Expert in Local and International Banking Industry regulations
  • B Com or equivalent Degree (NQF 6) in Accounting or Economics.

Job Details:

Company: Bidvest Bank

Vacancy Type: Full Time

Job Location: Cape Town, Western Cape, SA

Application Deadline: N/A

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