International Trade Finance Manager

What does an International Trade Finance Manager do?

Working as a international trade finance manager is both prestigious and challenging because they have significant responsibilities for organizations. International trade finance managers oversee and supervise finance strategies and models used by organizations. They must be able to understand the financial position and potential of the organization, and if needed, they must provide leadership and strategy to the organization to get the ideal financial position.

In short, international trade finance managers have a vital role in ensuring that the organization’s financial position aligns with the organization’s goals. But in general, here are some duties of international trade finance managers:

Managing and overseeing finances

Creating financial reports

Researching, analyzing, and mitigating potential financial risks

Working and developing relationships with financial institutions

Become a direct resource for Account managers and the Trade Finance team

Ensure organizations comply with all guidelines and legal agreements to avoid barriers to trade transactions

Creating documentation guidelines

Review, interpret and negotiate complex legal agreements

Providing advice, consultation, and support to colleagues and clients

Want to start a career as an international trade finance manager? Get the latest jobs in international trade finance sector here.

Requirements to be an International Trade Finance Manager

The most important thing that international trade finance managers must possess is quantitative skills. They will deal with complex transactions which may require something like interest rate arbitrage or multi-currency hedging, or other quantitative analytical skills.

But in general, here are the requirements to be an international trade finance manager:

Bachelor’s or Master’s degree in finance, accounting, business, foreign trade, or a related field

Have knowledge and experience in international trade as well as institutions related to international trade such as the International Chamber of Commerce, World Trade Organization, or domestic level trade institutions

Update on rules and guidelines put in place by multilateral trade organizations

like ICC and WTO and/or domestic trade organizations

Familiar with country-specific laws to ensure the trade transaction is going to touch

Strong analytical and problem-solving skills

Familiar with word-processing software such as Microsoft Office

Excellent written and verbal communication skills

International Trade Finance Manager’s Salary and Career Outlook

According to an official survey conducted by Glassdoor, an international trade finance manager’s salary is $95,811 (on average). In the United States, the lowest salary is $57,000, and the highest salary can be as high as $162,000. Salaries can vary depending on several factors such as work experience, organization location, education level, industry sector, organization policies, and others.

Talking about career outlook, a career as an international trade finance manager has a bright future. Careers in the international trade or finance sector are highly competitive, therefore the need for talented international trade finance managers will continue to increase. Competent international trade finance specialists have quite a variety of career options, such as working in government institutions, financial institutions (such as banks) and even corporate jobs (large multinational companies).

Are you an international trade finance specialist and want to help organizations thrive? Or do you want to start a career as an international trade finance manager? Find the latest jobs in international trade finance here.