Mandarin speaking Trade Services Clerk - Banking

People First; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

An established industry player is seeking a Trade Services Clerk to manage import and export transactions, ensuring compliance with banking regulations. This role requires fluency in Mandarin and English, along with a solid understanding of trade finance principles. You will be responsible for handling letters of credit, bank guarantees, and conducting AML checks. Join a dynamic team where your skills will contribute to the success of trade finance operations in a fully office-based environment. If you are detail-oriented and thrive in a fast-paced setting, this is the perfect opportunity for you.

Qualifications

• Fluent in Mandarin and English with trade finance knowledge.
• Experience in banking support/operations is a plus.

Responsibilities

• Manage import/export transactions including L/Cs and bank guarantees.
• Ensure compliance with letters of credit terms and conditions.
• Conduct AML checks and assist in trade finance reporting.

Skills

Fluent Mandarin

Fluent English

Trade Finance Knowledge

Accuracy

Analysis and Planning

Teamwork

Communication

Tools

Swift System

Job description

Job Description

Ref: 22917

The Skills You'll Need: Fluent Mandarin and English, importing and exporting initiation and settlement business, including L/Cs, Clean and Documentary Collections, Bank Guarantees, trade finance business. Swift Experience within banking.

Your New Salary: Depending on experience

Fully Office Based

Perm

Start: ASAP

Report to: Head of Institutional Banking

Trade Services Clerk - What You'll be Doing:

• Perform tasks relating to import and export initiation and settlement business, including L/Cs, Clean and Documentary Collections, Bank Guarantees, trade finance business. AML System checking and assessment on trade transactions.
• All aspects of import/export transactions including: L/C advising, issuance, confirmation, acceptances, collections such as D/P, D/A, etc., scan document and send to BPC for their checking under import/export L/Cs, effecting payment under L/Cs, D/P, D/A, etc., bank guarantees / standby L/Cs and import finance, L/C reimbursement and collections under D/P, D/A, etc. Double check the contents of delivery documents before mailing.
• Trade related finance solutions such as packing loans, factoring, bills discounting, forfaiting and funded or un-funded risk participation.
• Calculate accurately the fees and interests for the relevant transactions.
• Liaise correspondence in connection with documentary import and export letters of credit for customers of the Bank in line with agreed procedures with BPC.
• Collate and check documents which have been processed by BPC to ensure compliance with letters of credit terms and conditions.
• Proficient checking of payments with appropriate knowledge of Swift rules after being made by BPC.
• Liaise with clients on matters relating to L/C transactions together with BPC.
• Assist Head of Institutional Banking in carrying out various trade finance related statistical reports for Management and Head Office.
• Funds positioning.
• Carrying out periodical accounting reconciliation internally with Credit Administration, Corporate Banking and Financial Control departments and externally with BPC.
• Filing and archiving.
• All the CDD and AML checking in trade services and other products lines as required by the Bank’s policy.
• Keep all AML check evidences for audit trail purpose. Must report / escalate to MLRO for potential positive hit or suspicious transactions in accordance to the Bank’s AML policy.

Trade Services Clerk - The Skills You'll Need to Succeed:

• Fluent in both Mandarin and English.
• Support/Operations experience in banking, if possible in Trade Finance/Services, but not essential. Must have trade finance knowledge if no experience.
• Swift system experience is essential.
• Accuracy and able to adapt to change in work flows;
• Analysis, planning and organising;
• Teamwork and communication;