International Trade Officer
4 weeks ago
Zenith Bank (UK) Limited, a subsidiary of Zenith Bank PLC, is renowned for its exceptional performance and innovation in the Nigerian banking sector. The bank has consistently received notable awards, including being listed as the sole Nigerian brand on the World's top 100 companies in 2023 by the World Finance Magazine.
Established with a clear strategy to leverage trade and investment flows between Nigeria and Europe, Zenith Bank (UK) Limited provides intermediary banking services and facilities for trade-related working capital and capital expenditure.
The bank prioritizes the well-being of its staff, providing a conducive environment that encourages effective performance. We offer learning opportunities to our employees, enabling them to strike a balance between their work and personal lives.
In line with our 5-year strategy, we aim to achieve 'Controlled Growth' and become the Bank of choice for businesses transacting in the African continent.
Job Responsibilities:- Issue and verify letters of credit and guarantees
- Process payments under confirmed and unconfirmed Letters of credit
- Foster strong relationships with corresponding banks to resolve issues
- Establish RMA keys with other banks
- Manage loan booking and administration
- Process clean Reimbursement
- Process payment under LC discounting
- Reconcile LC cash collateral accounts and Suspense accounts
- Process Bill for collection payment and send advisories to clients
- Review and investigate Nostro reconciliation to clear outstanding items
- Advise debit advices to clients after payments
- Understand Letters of credit and LC amendments
- Advise letters of credit
- Verify documents
- Handle payments' queries and investigations from clients and correspondent banks
- Ensure adherence to Anti-Money Laundering procedures at all times
- Authorize payments
- Process and authorize LC Refinances
- Perform other assigned responsibilities
- Excellent verbal and written communication skills
- Proficient use of Excel and MS-word
- Strong time management
- Good team player
- Knowledge of SWIFT
- Understanding of UCP600
- Accuracy and efficiency
- Analytical and problem-solving skill
- Attention to details
- Solid knowledge of Letters of credit
- Possession of a first degree
- CDCS qualification is an added advantage
This is a permanent position offering up to £50,000 per annum based on experience.
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