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Trade Finance Officer - London, United Kingdom - Page Personnel - UK

Page Personnel - UK

Verified Company

London, United Kingdom

1 month ago

Posted by:

Tom O´Connor

beBee Recruiter

Trade Finance role for a bank in the City

About Our Client:

The financial services client based in the City of London is a rapidly growing and progressive Affrican bank with a rich heritage.

The main duties for the Trade Finance Officer role are as follows:

Liaising with Issuing banks, beneficiaries, correspondents, business development, treasury, credit, compliance on transactions.
Initiating all types of LCs (Export /Import / Back to Back
Processing Amendments to LCs
Processing IRUs, assignment of proceeds
Processing Guarantees and Standby LCs
Creating MT700, 710, , 999 as required
Investigate and respond to any enquiries received (internal / external)

The Successful Applicant:

The main requirements for the Trade Finance Officer role re as follows:

Must have a minimum of 2 years' experience in Banking/Financial Services in the Operations/Trade Finance area.
Good knowledge of all Trade Finance products and ability to process independently
Import and export LCs, back to back LCs, transferable LCs, discounts, IRUs, assignment of proceeds, collections, avalized bills, guarantees, SBLCs, collections, open accounts, LC settlements, and Documents Checking
Good knowledge of all ICC Rules. Uniform Rules for collection (URC 522), latest version of UCP 600 and ISBP for the examination of documents, Uniform Rules for bank to bank reimbursement URR 725, URDG and ISP and how a guarantee/SBLC could/should be structured

What's on Offer:

Competitive salary of £40,000-£50,000 plus bonus

Full benefits package and hybrid working model provided