Trade Finance Associate, Middle Office - eFinancialCareers : Job Details

My Client, an International bank in the City, seeks a middle office Trade Finance Operations officer, to join their broader structured finance team in London.

The role will involve :

• Responsibility for the operational management of guarantee, letter of credits and working capital products.
• Process transactions in line with policies and procedures, ensuring high efficiency and focus to minimize operational loss.
• Understand trade finance customers and meet their specific requirements and provide advice on trade related transactions.
• Analyze guarantees to determine workability, ensuring all ambiguities / contradictions are addressed and all potential risks concerning the wordings are raised and either accepted by the business or mitigated – where required in cooperation with Legal.
• Process all aspects of guarantees and letters of credit including issuance, amendment, cancellation, advising, processing payments, claiming commissions in close cooperation with the relevant teams at Head Office level
• Process all aspects of working capital products (Receivables Finance, Supply Chain Finance) including set up, amendments, cancellations, advising, processing payments, claiming commissions in close cooperation with the relevant teams
• Ensure all work is completed timely and accurately within agreed times.
• Maintain accurate and efficient records and file transactions appropriately and accurately.
• Perform due diligence checks, applying a risk-based approach and support KYC tasks in respect of trade finance clients.
• Monitor exposure / limit utilization. Monitoring KPI’s.
• Produce various reports.
• Maintain and update knowledge of respective laws and regulations along with the Bank´s policies and procedures.
• Perform as a team member in allocating and coordinating the workflows.
• Other tasks that may be assigned in back office and commercial activity including customer on-boarding, settlement of payment transactions and providing client service to global clients with operational issues

We process certain personal information about you for our legitimate business interests in order to identify and contact suitable candidates about positions that may be relevant to them. Details are set out in our Privacy Policy here. If you do not want to be contacted by us about potential positions that may be of interest to you in the future, then please email .