Trade Finance Operations Specialist

3 weeks ago


London, Greater London, United Kingdom Pontoon Full time

About the Role:

Pontoon is an employment consultancy that puts expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We are currently recruiting for a Trade Finance Operations Officer to join one of our high-profile Banking clients.

Key Responsibilities:

  • Perform all operational aspects of trade finance products in an accurate, efficient, and timely manner.
  • Close liaison with CPD to ensure that all aspects of financial crime in trade products and any red flags are escalated as appropriate.
  • Application of appropriate workflows and procedures across EMEA to provide guidance to the 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.

Working Arrangements:

This is a hybrid working role, with a requirement to work from the client's London office 2-3 days a week. You will be required to be in office 3-4 days a week for the first couple of weeks whilst training commences.



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