Trade Finance Officer Job Vacancy in Mwanza, Tanzania – Banking & Financial Services

Job Description

Position: Trade Finance Officer

Company: Standard Chartered Bank Tanzania

Location: Mwanza, Tanzania

Experience: 3-5 years of relevant experience in trade finance or corporate banking

Education: Bachelor’s degree in Finance, Business Administration, Economics or related field

Employment Type: Full-time

Industry: Banking & Financial Services

Department: Trade Finance

Salary: SSP 2,500,000 – 4,000,000 per month

Vacancies:1

Company Overview

Standard Chartered Bank Tanzania is a leading international bank with a strong presence across Africa. With a legacy spanning over 150 years, the bank offers a wide range of financial solutions to corporate, institutional, and retail clients. Operating from its headquarters in Dar es Salaam and regional offices including Mwanza, the bank is committed to fostering sustainable economic growth in Tanzania. As part of its strategic vision, Standard Chartered focuses on innovative banking services, digital transformation, and responsible financing, making it a top employer for ambitious finance professionals seeking career advancement. The bank’s inclusive culture, robust training programs, and commitment to community development position it as a premier destination for Tanzania Jobs.

Standard Chartered’s presence in Mwanza serves the Lake Victoria region, supporting key sectors such as agriculture, manufacturing, and trade. The bank’s local expertise combined with global resources enables it to deliver tailored solutions that drive growth for businesses and individuals alike. By joining the team, you become part of a dynamic environment that values integrity, collaboration, and continuous learning, aligning with the broader goals of Employment in Tanzania and Career Opportunities in Tanzania.

Job Overview

The Trade Finance Officer will play a pivotal role in facilitating international trade transactions for corporate clients. Reporting to the Head of Trade Finance, you will be responsible for structuring, documenting, and managing letters of credit, documentary collections, and guarantees. This position offers a unique opportunity to engage with multinational corporations, importers, and exporters, ensuring compliance with regulatory standards while delivering exceptional client service. As part of the Trade Finance department, you will collaborate closely with relationship managers, risk officers, and operations teams to provide end‑to‑end solutions that enhance the bank’s market position. This role is central to the bank’s Hiring in Tanzania strategy, aiming to attract top talent for high‑impact financial services.

In addition to core trade finance duties, you will contribute to product development, market research, and the implementation of digital trade platforms. Your insights will help shape the bank’s trade finance offerings, aligning them with evolving market needs and regulatory frameworks. The position offers exposure to cross‑border transactions, foreign exchange risk management, and the opportunity to develop a deep understanding of global trade dynamics, making it an ideal stepping stone for professionals seeking long‑term growth in the banking sector.

Key Responsibilities

• Structure, negotiate, and issue letters of credit, standby letters, and documentary collections for corporate clients.
• Conduct thorough due diligence and ensure compliance with AML, KYC, and regulatory requirements.
• Coordinate with relationship managers to identify client needs and propose appropriate trade finance solutions.
• Monitor and manage the lifecycle of trade transactions, ensuring timely documentation and settlement.
• Provide expert advice on trade terms, Incoterms, and risk mitigation strategies.
• Collaborate with the risk and compliance teams to assess credit exposure and mitigate potential losses.
• Assist in the development and promotion of digital trade finance platforms to enhance client experience.

Required Skills

• Strong analytical abilities with attention to detail in document verification.
• Excellent communication and negotiation skills for client interaction.
• Proficiency in trade finance software and Microsoft Office Suite.
• Solid understanding of international trade regulations, Incoterms, and foreign exchange.
• Ability to work under pressure and meet tight deadlines.
• Team‑oriented mindset with a collaborative approach to problem‑solving.

Education

A minimum of a Bachelor’s degree in Finance, Business Administration, Economics, International Trade, or a related discipline is required. Professional certifications such as ACCA, CFA, or a Trade Finance Certificate are advantageous and demonstrate a commitment to continuous professional development.

Experience

Applicants should possess 3 to 5 years of hands‑on experience in trade finance, corporate banking, or a related financial services role. Experience with international clients, exposure to multi‑currency transactions, and a track record of managing complex trade documentation are essential.

Salary

The compensation package ranges from SSP 2,500,000 to SSP 4,000,000 per month, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and a pension scheme, reflecting the bank’s commitment to competitive remuneration for its talent.

Benefits

• Comprehensive health and medical coverage.
• Retirement savings plan with employer contributions.
• Performance‑linked annual bonuses.
• Paid annual leave and public holidays.
• Employee assistance programs and wellness initiatives.

Training

• On‑boarding program covering bank policies, compliance, and trade finance fundamentals.
• Access to Standard Chartered’s global learning platform for continuous skill development.
• Mentorship from senior trade finance professionals.
• Opportunities to attend industry conferences and workshops.

Working Environment

The role is based in a modern office in Mwanza, equipped with state‑of‑the‑art technology and collaborative workspaces. The bank promotes a flexible work culture, encouraging work‑life balance while maintaining high standards of service delivery. Employees benefit from a supportive team environment that values diversity, innovation, and professional growth.

Application Process

Interested candidates are invited to submit their application through our online portal. Please visit https://tanzaniajobsearch.com/ to upload your resume, cover letter, and any supporting documents. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

Standard Chartered Bank Tanzania is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, or background. Our hiring practices reflect our dedication to fairness and the empowerment of all talent in Tanzania.