A major South African bank has established at it’s head office in Johannesburg, a department to assess risks and manage exposures arising from structured commodity trade finance transactions. Deals are originated through it’s network of offices in Africa. The department consists of credit risk professionals drawn from the bank’s corporate banking business, who in turn liaise with counterparts in client countries.
The bank sought a comprehensive training solution that could lead to a consensus across markets about the types of exposures to be solicited, manner in which trade finance solutions should be constructed in a risk- and capital-efficient manner using a commonly adopted approach to identify credit, market and operational risks.
Completely customized training delivered over four full days covered Inventory finance, pre-finance, warehouse finance, receivable finance.
In order to highlight risks embedded in transactions, the training also included coverage of topics such as the nature of transport documents, insurances, and perfection of security interests.