One might think of trade finance as a hybrid of coverage/relationship management and highly specialised product roles. Thus, it’s important to demonstrate not just product expertise but also the ability to connect with and engage customers.
Interaction with Customers – The trade teams’ interactions with customers take precedence over their time spent in the office.
Product Knowledge – Legal and regulatory skills are more important than mathematical or quant abilities in this profession.
Academics and Certifications – Business studies or a Degree in Law is sufficient, but an MBA would be best for this job.
Distance Learning Options – Several colleges and institutions now offer online degrees and certificates in trade financing and management.
I hope this helps, wishing you the best of luck in your professional endeavours.
In my opinion, trade finance is a niche field within the larger fields of corporate finance and banking.
Which begs the question, how does one go about establishing a professional foothold in the field of trade finance?
1. The first is to apply to a big commercial or investment bank since these institutions are the most active recruiters of new graduates.
2. The portion of trade finance that is focused on technology has expanded and improved greatly, as has the surrounding technology. There are a variety of benefits to being involved in this field.
3. Work for a big management consulting firm like EY or KPMG to get into the trade finance industry. Career prospects exist since they provide trade finance advice services to clients.
4. Other types of corporations also need experts in trade finance. The most glaring example is the commodity industry, but huge corporations that sell and/or buy commodities also often employ trade finance experts.