Senior Trade Finance Officer

Johnson & Associates Rec Specialists Ltd ,
London, Greater London
Salary: Up to £50,000 per annum

Overview

Our client, a multinational bank are recruiting a permanent, Senior Trade Finance Officer, to work in their London office joining an existing team of 6. Main Responsibilities of the Senior Trade Finance Officer: Advising export documentary credits First or second check the documents and complete check list charges schedule and discrepancies list Ensure discrepancies are advised to the beneficiaries and the presenting bank within a reasonable time. The Senior Trade Finance Officer will prepare payments on export DC, Outward DC and claims under Guarantee promptly and schedule are correctly prepared and authorised on T. I Ensure all incoming messages pertaining to export documentary credit(s) / amendment(s) / confirmation(s) and correspondences are mapped for input in systems. Prepare swift message to the reimbursing bank for confirmation of reimbursement authority. The Senior Trade Finance Officer will insure all approvals / rate and allocations are in place. Process subject transactions in systems and make sure all relevant documents are being generated correctly before submitting for authorisation. Ensure discounting requested of the beneficiary /financial institution is in place. Also the Senior Trade Finance Officer will adhocly scrutinize text and terms of the guarantee and counter guarantee and obtain approval by credit department Skills required of the Senior Trade Finance Officer: Minimum 3 Years’ experience in a Trade and Documentary Credit role. Knowledge of UCP600 and all governing rules. Ability to work unsupervised with strong attention to detail Good team player with a ‘can do’ attitude