Trade Finance Officer

JR United Kingdom; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a Trade Finance Officer to oversee the entire life cycle of Trade Finance products in a dynamic environment. This role involves processing import/export letters of credit, managing reimbursements, and ensuring all obligations are met on time. The successful candidate will engage with various teams, fostering collaboration and efficiency. With a competitive salary and generous leave policies, this opportunity is perfect for those looking to advance their career in finance within a supportive and engaging workplace.

Benefits

Competitive salary

Annual discretionary bonus

25 days annual leave

Additional paid day-off for Birthday

Qualifications

• Expertise in Trade Finance Processing is essential for this role.
• Understanding of banking regulations is important.

Responsibilities

• Manage the life cycle of Trade Finance products effectively.
• Ensure timely monitoring and settlement of obligations.
• Foster communication between Trade Operations and other teams.

Skills

Knowledge of Trade Finance Processing

Basic banking and regulatory requirements

CDCS qualification

Job description

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Trade Finance Officer, London (City of London)

Client:

DBS Bank

Location:

London (City of London), United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

4

Posted:

21.03.2025

Expiry Date:

05.05.2025

Job Description:

Trade Finance Administrator - Trade Finance Operations, Technology & Operations

Job Responsibilities:

1. Processing the whole life cycle of Trade Finance products: Import/export letters of credit (issuing, advising, confirming, amendments, documentary presentations), reimbursement claims/payments, internal and external enquiries, guarantees, SBLCs, risk participation processing, trade loans, refinancing and discounting.
2. Ensure all upcoming maturities and obligations are regularly monitored and settled on time. Regular chasers and daily calendar items to be managed for timely action.
3. Able to pro-actively engage with team members to support understanding and training on all systems and procedures.
4. Ensure good communication, daily interaction and close working relationship between Trade Operations and Middle Office, Relationship Managers and other support areas.
5. Work on system UAT and LV projects.
6. Adhere to governing rules, UCP, URC, SOP, procedures, and all relevant controls.
7. Ensure processing is affected in a team spirit and avoid silo based attitudes where people should think beyond their immediate work space and consider the wider team's pressure points thereby delivering maximum efficiency.

Skills & Requirements:

1. Knowledge of all aspects of Trade Finance Processing.
2. Basic banking and regulatory requirements knowledge.
3. CDCS qualification is preferred but not required.
4. The successful candidate must have right to work in the UK and do not require sponsorship (now or in the future).

What we offer:

1. A competitive salary, depending on experience + annual discretionary bonus
2. 25 days annual leave (increasing to 27 days after 2 years continuous service) + bank holidays
3. An additional paid day-off for your Birthday