Trade Finance Operations Specialist
1 month ago
Job Title: Trade Finance Operations Specialist
Company: Pontoon Solutions
We are seeking a highly skilled Trade Finance Operations Specialist to join our team. As a Trade Finance Operations Specialist, you will be responsible for performing all operational aspects of trade finance products in an accurate, efficient, and timely manner.
- You will close liaison with marketing teams as well as internal and external customers providing technical assistance relating to trade products.
- You will close liaison with CPD to ensure that all aspects of financial crime in trade products and any red flags escalated as appropriate.
- You will apply appropriate workflows and procedures across EMEA to provide guidance to performance of operational responsibility for trade products.
- You will assist to maintain appropriate business contingency plans to restore operations in an efficient and controlled manner.
- You will assist to collate business volumes.
Key Responsibilities:
- Perform all operational aspects of trade finance products in an accurate, efficient, and timely manner.
- Close liaison with marketing teams as well as internal and external customers providing technical assistance relating to trade products.
- Close liaison with CPD to ensure that all aspects of financial crime in trade products and any red flags escalated as appropriate.
- Apply appropriate workflows and procedures across EMEA to provide guidance to performance of operational responsibility for trade products.
- Assist to maintain appropriate business contingency plans to restore operations in an efficient and controlled manner.
- Assist to collate business volumes.
Requirements:
- Technical knowledge and understanding of traditional trade finance products such as Documentary Letters of Credit, Stand-by Letters of Credit and Guarantees, Documentary Collections, and Discounted Receivables.
- Able to identify operational risk and follow mitigation plans.
- Understanding of key legal implications of trade products and respective legal cases that provide precedent to trade products.
- Understanding of financial crime risk pertaining to trade finance and how to follow mitigation plans.
- Understanding of accounting principles for trade finance products.
- Understanding of shipping terms and commercial terms pertaining to international trade flows.
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