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Barbara Houghton Associates Ltd
,
London, Greater London
Trade Finance Analyst
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Salary: Up to £50,000 per annum |
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Overview
On behalf of a leading financial group based in London we are currently looking to recruit a Trade Finance Analyst to join their team on a perm basis. The main purpose of the role is to be responsible for processing Trade Finance transactions in accordance with the departmental procedures and controls, Head Office Rules, regulations, customer contracts/agreements, Industry Standards ( ISBP745, ISP98, URR 725, URC 522, UCP600 etc.) and Compliance policy. Provide general support to facilitate the implementation of projects as and when necessary. Key Responsibilities: Processing of all life cycle events of letters of credit (import and export - issue, advise amend, acceptance, discount, payment, checking documents) Processing of all life cycle events of collections (import/export, clean/documentary, remit, present, acceptance, payment). Adhere to governing rules, UCP, URC, HOP, procedures and all relevant controls. Develop and improve effective working relationships with all trade stakeholders. To support training requirements of team members. Ensure processing is effected in a team spirit and avoid silo based attitudes where people should think beyond their immediate work space and consider the wider team’s pressure points thereby delivering maximum efficiency. Retain and promote a customer first attitude. Ensure compliance with all Bank and Regulatory requirements in order to mitigate financial and compliance risks. Deliver effective solutions and make suggestions for improvements. Skills and Experience: Proficient understanding of letters of credit and collections. Good work flow and time keeping management. Knowledge of compliance obligations relating to trade finance products handled by banks. Knowledge of UCP 600, URC 522, ISP98, URR725, ISBP 745, ICC Incoterms 2010 Proficient in MS Word, Excel Microsoft Outlook, SWIFT A level or equivalent CDCS is preferred Mminimum 3 years in a similar role This job was originally posted as www.totaljobs.com/job/89842634