This course opens up the communication channels between credit managers and trade finance managers. You will return to work fully aware of the best risk mitigation and internal communication techniques, ready to do business in a safe and prudent manner. After three intensive days, you will have a full working knowledge of:
Exercises: Delegates use UCP ICC 600 to solve documentation and discrepancy issues; Delegates use L/Cs and guarantees to structure a solution for a client in an emerging market country buying an oil by-product
Workshops: Bondtrade: Delegates evaluate the risk; Product Innovation: Delegates solve the problem of an international contract-based deal without L/Cs but using banks to confirm a payment
Howard Palmer is a globally recognised specialist in trade finance and the emerging markets. When the emerging markets of Central and Eastern Europe opened up, Howard became the Assistant General Manager, Head of Trade and Lending at Raiffeisen Zentralbank Osterreich (RZB) in London. During his time at RZB he was the Head of the Structured Trade Finance, Shipping, Forfaiting and Syndications departments, as well as the Corporate Lending, Correspondent Banking, Letters of Credit departments.
The International Trade and Forfaiting Association, ITFA, previously known as IFA, is the worldwide trade association for companies, financial institutions and intermediaries engaged in trade and forfaiting. See http://www.itfa.org/
The course leader, his experience and how he shared his experiences with us and how he communicated the content was useful for all of us