Letters of Credit and Collateral Coordinator - London, United Kingdom - Oliver James Associates

Oliver James Associates

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Title:
Letters of Credit and Collateral Coordinator

Duration:6 months

Rates/Salary:
£ per day Outside IR35 (flexibility on rates can be discussed)

Location:
London based (3 days in office/2 days home working per week)

The Role:

The LCCC is the single point of contact for the letters of credit and collateral processes.

Issuance of letters of credit and collateral requests
Well versed with Collaterals and Margin call transaction
Prepare LOC requests
On hand knowledge of Investment instrument like Hedging, Forward Contracts, FX
Liaise with Banks, Brokers, beneficiaries and underwriters
Full knowledge of end to end LOC transaction
An interest in using new technology as much as possible to automate and improve processes (airtable, slack)
Ability to effectively report progress and provide transparency to stakeholders
Understanding of insurance/reinsurance terminology and concepts