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Trade Finance Officer

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:

    Permanent

  • Salary:

    £35000 - £40000.00 per annum

  • Contact:

    Bethany Singer

  • Contact email:

    bethany@kennedypearce.com

  • Job ref:

    BBBH13735_1546960358

  • Published:

    6 months ago

My Client, a well-established International Bank based in the West End are looking for a Trade Finance Officer to join their team. Successful candidates will have proven experience within a similar role, extensive knowledge on L/Cs, guarantees and documentary collections.

As a Trade Finance Officer you will responsible for:

  • Advising Letters of Credit
  • Issuing Import Letters of Credit and Guarantees on behalf of facility holding customers.
  • Collections.
  • Providing an efficient turnaround for documentation received.
  • Adhering to AML procedures with a commitment to due diligence.
  • Emphasis on 'Account' Relationships so that customer needs can be identified and a relationship developed.
  • Exporting Letters of Credit / Discounting.
  • Importing Letters of Credit.
  • Reimbursements.
  • Preparing relevant advices, schedules, letters, SWIFTS, accounting entries.
  • Monthly responsibilities - Reconciliations - L/C's / Acceptances - Back up for Basle III reporting.

As a Trade Finance Officer you will need:

  • Experience of working in the trade finance department.
  • Experience within handling documentary collections, L/Cs, guarantees.
  • Good knowledge of UCP600.
  • Strong system skills
  • Professional and proactive individual who has strong commercial awareness.
  • Flexible and committed attitude with a willingness to take on additional tasks.

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