Trade Finance Supervisor

Trade Finance Supervisor

Our client, a City based international bank are looking to recruit an experienced Trade Finance Supervisor to deputise the Head of Department, paying up to £50k.
Objective:
To deputise Head of Trade Finance section in carrying out the Trade Finance functions to provide high quality service standard to customers with a view to contributing towards the business growth and profitability targets of the Branch.
Accountability:
To work effectively and independently with reasonable supervision from Head of Trade Finance section.
Fully accountable for:
– Assisting Head of Trade Finance section to ensure the timely and efficient processing of transactions.
– Maintenance and management of customer relationships to achieve total customer satisfaction via delivery of high quality customer services in order to attract and retain customers and to contribute towards achievement of the Branch’s business growth and profitability targets.
Principal duties and responsibilities
1. Assist in the development and implementation of strategies, policies and procedures related to Documentary Credits operations for continuous improvements in efficiency.
2. Monitor compliance with the approved policies, workflow procedures and guidelines and relevant governing rules and regulations pertaining to Documentary Credits.
3. Check and authorise Documentary Credits transactions within the delegated signing authority:
– First or counter checking of Import/Export documents under documentary credits
– Authorise and release SWIFT/TELEX messages via Eximbills system
– Check and sign bills schedules of Import and Export bills processed
– Submit bills referral to branch manager via the operations manager for approval (for limits within Branch’s approving authority)/ for recommendation and submission to Head Office for limits exceeding Branch’s approving authority
– Approve application for financing bills L/C, SBLC, LG and bills amendment
– Release Import L/C, bills amendments, Freight Payments and Import and Export payments via Eximbills.
– Settlements of advances transactions
– Supervise monthly unreconciled report and adjusting entries.
4. Prepare monthly statistical reports for Management
5. Supervise, motivate and train the staff to ensure the smooth functioning of its operations
6. Undertake other duties as assigned from the time to time by Head of Trade Finance sections and/or Operations Manager.

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