|Location:||West End, London|
|Salary:||£30000 - £35000 per annum + Bonus + Bens|
|Job Published:||almost 2 years ago|
Leading Private Bank Based in the west End are looking for a Trade Finance Officer. This is a great role with great career prospects and has become available due to promotion of previous candidate.
Relevant experience in Trade Finance operations
Experienced back office professional with strong analytical skills and a
proven track record in the financial services industry, preferably a commercial bank.
Must have an understanding of the International Trade operations framework of a financial institution and knowledge of general operational policies.
Specific experience in the advising and amending of Documentary Credits and associated activities
Good experience of SWIFT and relevant message types
General experience of Pay/Receive operations, local and foreign settlements, Documentary Collections and Funds transfers.
Excellent customer service skills
Ability to identify, analyse and manage operational risks
Good understanding of Compliance requirements, including Know Your Customer, Anti Money Laundering and Treating Customers Fairly Adaptable and flexible
Independent and innovative.
As a team member reporting directly to the Team Leader, Trade Finance, you will be responsible for your assigned role and will be able to demonstrate:
Ability to multi-task and maintain poise under pressure
Prioritise tasks and resources so as to maximise efficiency and cost.
Emotional stability and attention to detail.
Awareness of the importance of Customer satisfaction, operational efficiency and profitability of the bank.
Below are your specific responsibilities within the Trade Finance Team. This will be reviewed from time to time based on your experience and the organisation's scope of operations.
You will be responsible for the following activities
TRADE SETTLEMENT AND REIMBURSEMENT
Advised and Confirmed Letters of Credit
Issued Letter of Credit
Back to Back Letters
Transferred Letter of Credit
Guarantees and Bonds
Bills for Collections
Check content of messages to ensure workability.
Following up with Issuing and correspondent banks on transactions Ensure appropriate internal ledger entries passed.
Ensure correct calculation/recording of tariff for each transaction Advise beneficiary and presenting banks on settlements
Respond to queries and enquiries from beneficiaries or issuing banks. Ensure archiving of all documents on OMS and complete documentation on file.
Process return of cash cover where final shipment has taken place. Produce required MIS on work area
This is a small team and flexibility is required of all staff. Other duties will be assigned from time to time, including:
Advising and amendment function where required
Process first or second check on documents where required
General support to other team members where required.
To support the Funds Transfers team where required.
Sorry, this job is no longer available