Tsholofelo Mokoena

• Monitored all outstanding Trade finance Transactions and correspondences initiated on banks system while ensuring proper notes and memos dates are input accurately on file.
• Assisted, briefed and guided customers/relationship managers on technical matters pertaining to trade finance transactions.
• Checked, processed and authorized Trade Finance transactions including and not limited to Letters of Credit, IRUs, Documentary Collections, Avalisation, BGIs and Trade Loans with accuracy while meeting set SLA maximizing account profitability.
• Developed and maintained strong knowledge of multiple products and varying levels of benefits within each product.
• Discussed operational challenges and issues with leadership alongside colleagues and provided informed suggestions to improve productivity and increased efficiencies within team.
• Developed advanced product knowledge to share current information while generating and delivering Trade Finance and working capital products.
• Assisted to manage and mitigate risk by regularly review client activities and transactions and identify areas of potential risk to both client and Absa requirements and specifications. Adhering to procedures and controls to mitigate operational and Credit Risk.
• Conducted research to answer questions and handle issues using multiple systems and resources.
• Used critical thinking to break down problems, evaluate solutions ensuring Client retention and organizational profitability.

• Executed end-to-end processing of Export Letters of Credit ensuring that transactions are in accordance with international standard banking practice, rules, and regulations with view of avoiding reputational and financial risk for Standard Bank Group.
• Assessed all requests for confirmation on Letters of Credit and submit requests to relevant internal partners for approval.
• Acted as intermediary party by re-issuing Letters of Credit received from Issuing Bank to Second Advising Bank Advising of Export Letters of Credit to both domestic and foreign entities.
• Performed checking and Negotiating of documents presented in accordance with UCP600 and ISBP.
• Conducted and Maintained Finance Risk due diligence and workability checks on incoming Letter of Credit this includes regulatory and compliance checks, Sanctions and Credit.
• Acted in accordance with relevant client and foreign bank payment and standing instructions.

• Executed end-to-end processing and verifying Issuance of Letters of credit covering shipment of merchandise while adhering to SLA
• Amend Letter of credit Investigate and resolve issuance problems as per customers inquiries Investigate and resolve queries from beneficiary's bank.
• Checking of documents to determine compliance with International Chamber of Commerce publication 600 (UCP600) and International Standard Banking Practices (ISBP).
• Accurately posting of Liabilities.
• Process payments according to payment instructions/claims and reimbursements as well as ensure accurate reporting of payments on FINSURV in accordance to EXCON.
• Attending to incoming queries from both external and internal bodies. Retrieve, create, send SWIFT messages accurately. Adhering to SWIFT standards.
• Reconciliation of Liabilities posted onto GL.
• Voluntarily assisting management on projects/reports within department and across Global Trade.
• Extending into assisting to relieve pressure when needed by other teams within department such as Export Letters of Credit, Foreign bills of collection (Inwards and Outwards)

• Sharply executed in Issuing, amending, accepting and processing payment for incoming documentary collections in accordance with Uniform Rules for Collections, Publication 522 (URC522)
• Attended to incoming queries from both external and internal stakeholders and clients.
• Retrieved, created, sent SWIFT messages accurately. Adhering to SWIFT standards
• Delivered on agreed SLA

• Read fraud and security risk management-related articles and white papers and took part in webinars to keep abreast of changes in fraud and security landscape.
• Responsible for vetting of documents and instructions received from clients and banks in order to provide in-house compliance service that effectively supports business areas in their duty to comply with relevant laws and regulations and internal procedures relating to AML, CBT, FATF and sanctions.
• Performed testing of new software tools and enhancements to improve fraud detection, prevention and reporting efforts.
• Investigated fraud referrals and performed research to minimize risk and resolve inquiries.
• Communicated with compliance manager to thwart potential money laundering or terrorist financing.

• Foreign bills of collection (Export)
  performing Issuing, amending, accepting and processing payment for incoming documentary collections in accordance with Uniform Rules for Collections, Publication 522 (URC522) Attending to incoming queries from both external and internal bodies. Retrieve, create, send SWIFT messages accurately. Adhering to SWIFT standards

General principles of International Trade Management,International Financial Management, Export Marketing Management,Export Logistics Management

International Monetary Relations,International Trade Law,Export Marketing,Export Administration

International Trade Relations,International Cargo Movement,Introduction to International Marketing and Purchasing,International Trade Finance and Payments

Business Management,Economic Fundamentals,Accounting Fundamentals,Banking 1A,Banking 1B,Banking advice