Trade Services Clerk

1 month ago


London, United Kingdom eFinancialCareers Full time

Short overview of the role:

  • Checking of documents presented against Letters of Credit In accordance with relative rules and/or regulations. This may be a first or single check dependent levels of experience.
  • Overseeing and managing all aspects of Letters of Credit including getting them approved.
  • Processing payments, acceptances and deferred payments.
  • Act as a subject matter expert for Letters of Credit and related Trade Finance products.
  • Ensuring any issues are resolved efficiently and professionally maintaining a high standard of customer service
  • Spearhead efforts in preventing financial crime by rigorously implementing controls, conducting thorough Due Diligence on trade transaction parties, and ensuring strict compliance with relevant policies
  • Calculating and reviewing commissions ensuring all fees due to the Bank are collected.
  • Ensure strict adherence to regulatory requirements, promptly report any breaches, and proactively identify and escalate risks or control gaps to management for resolution.
  • Maintain a strong understanding of trade finance regulations.

Requirements:

  • IT literate and experience using Microsoft Office (Word, Excel & PowerPoint)
  • Good understanding of Trade Finance and a minimum of 6 months experience in Trade Finance.
  • Good attention to detail


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