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    Credit Risk Officer - London, United Kingdom - Letterofcredit

    Letterofcredit
    Letterofcredit London, United Kingdom

    1 week ago

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    Description
    Home Jobs Documentary Credits Officer Trade Finance
    2015 – Prestigious banking client is seeking experienced Trade Finance officer to join their expanding team.

    The jobholder has regular contact with all staff from Trade Services, Correspondent Banking and other departments within the bank and extensive contact with the Senior Documentary Credits Clerks.

    Externally, the jobholder has regular contact with customers, be they buyers, beneficiaries, borrowers and other bank's staff, usually by telephone, email or fax.

    All staff are required to be aware of and understand the legal obligations and responsibilities relating to Money Laundering.


    Job Type:
    Permanent


    Start Date:

    ASAP
    Documentary Credits Officer – Trade Finance

    The section is responsible for the processing, issuing and advising of Import and Export Letters of Credit and Standby Letters of Credit as well as entering into Participation and Syndication Agreements with other banks relating to letter of credit/guarantee risk.

    Processes Letters of Credit or Guarantees and their respective amendments (90%) –

    Ensuring all documentation is valid, accurate and viable in order to meet UCP and BACB guidelines, whilst providing quality customer service in terms of timeliness and accuracy.

    Responds to customer and other bank's queries – Ensuring any issues are resolved efficiently and professionally in order to maintain the highest standard of customer service
    Calculates and reviews commission – Ensuring all fees due to the bank are collected
    E) Proven experience of all types of Documentary Credits and/or Guarantees plus a sound working knowledge of all I.E) Understanding of all aspects of banking relating to Documentary Credits
    (E) Able to process complex trade finance instruments
    (D) Basic knowledge of commercial French and good general knowledge of world geography
    (biz is your gateway to International Trade and Finance. Professional letter of credit consultancy services. We analyze your letters of credit, prepare draft documents and control them before presentation.

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