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.
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
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
Accurate and stress tolerant
Very good team player
High integrity and knowledgeable
Well developed social skills
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