Insight Professional Solutions Ltd
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London, Greater London
Trade Finance Analyst
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Salary: Up to £55,000 per annum |
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Overview
My client, a subsidiary of an Oil Trader in London are recruiting an exciting opportunity for someone that has Trade Finance experience from a major bank. Job Overview Actively help building up an independent trade finance function. Enhance the day-to-day operation of the trade finance function and improve the efficiency/effectiveness of the department and carrying out their implementation. Maintain bank relationships Duties Handling of all trade finance issues when required, this will often involve liaising with existing trade finance and operations teams. Export /Import Letter of credit /guarantee wording negotiation with counterparties Review Import/Export Letter of credit /guarantee draft against last UCP/EUCP/ISBP to ensure they are workable. Document presentation review under the Documentary letter of credit Provide treasury department with information as required to produce cash flow forecast and help to source the best competitive funding costs Liaising with Banks to raise financing for deals/projects and delivering an efficient and cost-effective solution. Ensuring data on in-house systems is accurately input/maintained Bank/Financing Relationships [1] Maintaining of current bank relationships by regular communication/updates to banking partners to ensure cohesive relationship is continued, as well as what areas need developing/amending etc [2] Assist to liaise with internal legal/treasury/credit to review/negotiate facility agreement to maximise the workability. [3] Liaise with bank to comply with all KYC documents Assist in other duties from time to time as reasonably required by the company Requirements Degree - level education or equivalent in Economics, Finance, Business Management or related field Strong IT skills with good working knowledge of MS Office products Strong communication & interpersonal skills Proven experience working in a trade finance /structured trade finance operation middle or back office from a major bank Comprehensive knowledge of latest UCP/ISBP &URDG758 Experience of putting together long-term financing agreements (i.e. borrowing base, syndicated facilities etc) with major players/banks Ability to effectively prioritise work Approachable with a demonstrable willingness & flexibility to support the Company as and when required This job was originally posted as www.totaljobs.com/job/89917048