Trade Finance Officer

2 months ago


London, United Kingdom Hays Specialist Recruitment Limited Full time

Trade Finance
This is a great role preparing Documentary Credits for checking and authorisation for an international Bank based in the heart of the City.
Regular hours, good work/life balance and varied and interesting work
Minimum of 2 years in trade finance experience is essential

**Responsibilities**:
Preparing and processing Documentary Credits transactions which involve the following:

- L/C opening/ amendment
- L/C advising/ confirming
- Import bills processing - IPAL, I/CL, IBCL
- Export bills processing - OBLL, OBUL, OBCL
- Payment/ reimbursement of import/export bills
- Advance and settlement of import/export bills.
- Warehouse Release, Delivery Order issue.
- Customer credits
- Foreign Exchange deals (Option/Forward/Spot)

Other Duties:

- Monthly reconciliation (L/C, IBC, I/CL, etc.)
- Adjusting entries input
- Contact customers (send reminders, reply to their queries, etc)



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