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Trade Finance Officer

  • Location

    City of London, London

  • Sector:

    Operations & Middle Office

  • Job type:

    Permanent

  • Salary:

    £30000 - £40000 per annum

  • Contact:

    Scott Duerden

  • Job ref:

    SDBSGT01_1551262824

  • Published:

    23 days 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 with Trade Finance operations and strong knowledge of UCP600.

As a Trade Finance officer you will be responsible for:

  • Advising and confirming Letters of Credit
  • Issuing L/Cs
  • Transferred L/Cs
  • Following up with Issuing and correspondent banks on transactions.
  • Ensuring appropriate internal ledger entries passed
  • Advise beneficiary and presenting banks on settlements
  • Responding to quires and enquires from beneficiaries or issuing banks
  • Processing return of cash cover where final shipment has taken place
  • Advising and amendment function where required
  • Process first one second check on documents where required

As a Trade finance Officer you will need:

  • Relevant experience in Trade Finance operations
  • Strong UPC600 knowledge
  • Must have an understanding of International Trade operations framework
  • 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.

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