Trade Finance Officer - Operations (Banking)

We have a permanent position seeking a well experienced Trade Finance specialist with experience of 5 years more dealing with end to end processing of our Trade Finance facilities. Please note due the demands of the Front Office the incumbent will be required on the office 5 days per week. They are a City based Bank located near Liverpool Street.

Duties & Responsibilities

• Ensure all Trade Finance transactions are processed and settled on a timely basis with priority given to high value and time critical files whilst meeting SLA’s.
• Ensure all internal reporting requirements are met
• Identify and resolve errors promptly and report to Head of Department/Front Office.
• Cross train self and others proactively to create a fungible team capable of flexing to the requirements of multi business stream environment.
• Correct use of systems and processing tools.
• Adherence to Head Office and Internal Operating procedures to produce accurate work thereby retaining professional image of the Bank and maintain high customer service levels.
• Support initiatives, strategic planning and projects (as required)
• Support others across the wider team covering all products to include L/C Document Checking
• Complete compliance checks and further controls put in place to mitigate risks
• Assist RM's with onsite / offsite client meetings helping find best client solutions.

Skills & Experience

• Deep understanding of all Trade Finance products, import and Export LCs, Guarantees, collections, Discounting, Forfaiting, Confirmations, Risk Participations.
• Knowledge of UCP 600, ISP98, URDG 758, URC 522 and other relevant ICC publications
• Negotiating / advising / amending
• Knowledge on Money Laundering procedures and UK Proceeds of Crime Act
• Awareness of UK and OFAC sanction policies and experience with Restricted Counterparty Checks and IMB Checks
• SWIFT Alliance (M202, MT103, All MT4 series, all MT7 series)
• Knowledge of Trade Innovation / TI a benefit but not a requirement.

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