Guarantees and Standby Letter of Credit Officer (Italian Speaking)

Bank of America; Bromley, Hertsmere; On-site; GBP 35,000 - 60,000; Full time

Job summary

Join a dynamic team in a thriving Bromley office where you can leverage your expertise in Guarantees and Standby Letters of Credit. This role offers the chance to engage with international clients and develop skills in a supportive environment. As part of a forward-thinking financial institution, you'll have opportunities for growth and cross-training across European branches. With a commitment to diversity and inclusion, this position is ideal for those looking to make a significant impact while enjoying a comprehensive benefits package that prioritizes your well-being and professional development.

Benefits

Private healthcare

Competitive pension plan

Flexible benefits

Access to mental health support

Volunteering opportunities

Qualifications

• Experience in processing Guarantees and SBLCs, including UCP600 and ISP98.
• Fluent communication in Italian and French, with German and Spanish as a plus.

Responsibilities

• Processing transactions for Trade Finance guarantees and SBLCs.
• Communicating complex data clearly to clients and partners.
• Performing technical and analytical functions related to trade finance.

Skills

Fluent in Italian

Fluent in French

Experience with Guarantees and SBLCs

Problem-solving

Analytical thinking

Good communication skills

Tools

Microsoft Office

Job description

Job Description:

Job Title: Guarantees and Standby Letter of Credit Officer

Corporate Title: Officer

Location: Bromley

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and making an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Location Overview:

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Role Description:

In our Bromley office, an opportunity has arisen in the Trade Finance business. The successful individual will perform a variety of technical and analytical functions related to Guarantees and SBLCs processing. This role supports a growing business within a friendly, multilingual, and versatile team. There is potential for growth and development, including cross-training on all European branches supported from the Shared Service Centre and wider exposure to Trade Finance products.

Responsibilities:

The successful candidate will be involved in:

1. Processing transactions related to Trade Finance guarantees, providing support and servicing functions such as problem resolution and exception handling for clients and business partners.
2. Communicating complex data and information clearly and effectively to clients and business partners.
3. Performing technical and analytical functions related to trade finance, including researching and analyzing enquiries that require specialized, sensitive, or exception handling.
4. Developing capabilities and competencies through self-study or participating in training sessions.
5. Engaging with clients primarily via email and phone.

What we are looking for:

We seek a highly motivated individual fluent in Italian and French, with knowledge and experience of Guarantees and Standby LCs (SBLCs), capable of performing various technical and analytical functions such as:

• Fluent written and verbal communication in Italian and French; German and Spanish skills are a plus.
• Experience with wording reviews, issuances, amendments, and closures.
• Working knowledge of processing Guarantees and SBLCs, including related rules such as UCP600, ISP98, and URDG758.
• Ability to handle administrative tasks accurately.
• Prior experience in a client-facing role.
• Good communication and time management skills.

Skills that will help:

• Proficiency in Microsoft Office.
• Attention to detail.
• Customer and client focus.
• Organizational skills.
• Adaptability, collaboration, prioritization.
• Analytical thinking, oral communication, problem-solving, research skills.

Benefits of working at Bank of America:

UK:

• Private healthcare for you and your family, including an annual health screen with options to add partners.
• Competitive pension plan, life assurance, and income protection.
• Back-up childcare and adult care support.
• Flexible benefits including wellbeing accounts, travel insurance, and critical illness cover.
• Access to mental health support, virtual GP services, and an Employee Assistance Program.
• Charitable donation matching via payroll.
• Discounts on cultural institutions through Arts & Culture memberships.
• Opportunities for volunteering and community engagement.

Bank of America:

We prioritize good conduct and sound judgment, emphasizing individual accountability and ownership. We are committed to diversity and equal opportunity, ensuring accessible recruitment processes and encouraging candidates to specify any adjustment needs.