Trade Finance Officer
3 weeks ago
Permanent Trade Finance role with a bank in the City
- Excellent training, support and growth opportunity
**About Our Client**:
The financial services client based in the City of London is a well established bank headquartered in Lagos.
The main duties the Trade Finance officer will carry out are as follows:
- Documentary checking (first & second) - including payments
- Handling/processing of LC Opening/Amendments/Guarantees/Bonds - Inward and Outward
- Handling/processing of Bills for Collection
- Handling transactions from secondary market (forfaiting, risk participations, syndicated loans)
- Ensuring that LCs are advised/confirmed promptly
- Ensure that any client requests or queries are resolved in a timely manner
- Administration of Trade Services transactions, including input of entries, liquidations and SWIFTs into our banking system, file administration
- Liaison with Issuing Banks
- Liaison with Group Trade Services
**The Successful Applicant**:
The pre-requisites for the Trade Finance Officer are as follows:
- Knowledge of UCP600 / ISBP745
- Knowledge of URC522
- Knowledge of Guarantees including URDG758
- Minimum 3 years experience as a documentary processor
- Experienced documentary checker and second checker
- Knowledge of industry practices, developments & processes
- Knowledge of Forfaiting (Discounting)
- Good computer literacy particularly Excel
- Knowledge of SWIFT and related messages
**What's on Offer**:
The base salary will be £38,000-£45,000 plus bonus
Full benefits package
Hybrid working: 3 days in, 2 days WFH
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