Trade and Working Capital Specialist

JPMorganChase; Bournemouth; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services firm is seeking a Trade and Working Capital Specialist to join their team in Bournemouth. In this role, you will specialize in structuring standby letters of credit and guarantees, supporting clients with their trade finance needs. Ideal candidates will possess a strong background in trade finance, risk management, and excellent communication skills. You will collaborate with clients and internal stakeholders, ensuring compliance while fostering strong client relationships. This position offers an opportunity to work in a dynamic environment and make a significant impact.

Qualifications

• Experience in trade finance focusing on standby letters of credit.
• Strong knowledge of risk management and regulatory compliance is vital.
• Ability to draft and negotiate wording for trade finance instruments.

Responsibilities

• Develop and structure standby letters of credit for clients.
• Conduct thorough risk assessments for trade finance transactions.
• Collaborate with internal teams for seamless execution.

Skills

Knowledge of URDG / ISP 98 and UCP 600

Analytical problem-solving skills

Exceptional communication skills

Risk management

Detail-oriented

Tools

Microsoft Office Suite

Job description

Description

Join our dynamic team as a Trade and Working Capital Specialist where you’ll partner with clients and internal stakeholders to structure standby letters of credit and guarantees. Your expertise will support our clients trade finance needs ensuring compliance and risk management.

As a Trade and Working Capital Specialist in our Trade Finance Team you will structure standby letters of credit and guarantees, providing expert advice to support clients trade finance needs. Your role is crucial in managing risk and ensuring regulatory compliance.

Job responsibilities

• Develop and structure standby letters of credit and guarantees tailored to clients trade finance requirements.
• Collaborate with clients to understand their business needs and provide customized solutions.
• Conduct thorough risk assessments to ensure the security and viability of trade finance transactions.
• Implement risk mitigation strategies to protect the interests of both the bank and its clients.
• Build and maintain strong relationships with clients acting as a trusted advisor for their trade finance needs.
• Provide ongoing support and guidance to clients ensuring their satisfaction and loyalty.
• Ensure all trade finance transactions comply with relevant regulations and internal policies.
• Stay updated on changes in trade finance regulations and industry best practices.
• Prepare and review documentation related to standby letters of credit and guarantees.
• Maintain accurate records and generate reports for management and regulatory purposes.
• Work closely with internal teams including credit, legal and operations to ensure seamless execution of trade finance transactions.

Required qualifications capabilities and skills

• Knowledge of URDG / ISP 98 and UCP 600.
• Experience in trade finance focusing on standby letters of credit and guarantees wording negotiation.
• Strong knowledge of trade finance instruments risk management and regulatory compliance.
• Excellent analytical problem-solving and decision-making skills.
• Exceptional communication and interpersonal skills with the ability to build and maintain client relationships.
• Proficiency in drafting and tracking changing wording using Microsoft Office Suite.

Preferred qualifications capabilities and skills

• Experience in cross-functional collaboration.
• Familiarity with industry best practices in trade finance.
• Ability to participate in cross-functional projects to enhance trade finance offerings.
• Strong attention to detail and organizational skills.
• Ability to adapt to changing regulations and client needs.

Required Experience:

IC

Key Skills
History,Accounts Assistant Credit Control,Advocacy,Corporate Risk Management,Government,Brand Development

Employment Type : Full-Time

Experience: years

Vacancy: 1