Trade Finance Operations

Michael Page (UK); City Of London; On-site; GBP 60,000 - 80,000; Part time

Job summary

A leading recruitment agency in London is seeking a Banking Operations Specialist to manage the processing of loans and ensure compliance with regulations. The ideal candidate will have over 5 years of banking experience, particularly in trade finance, and a solid understanding of syndicated loans. This temporary position offers a competitive daily rate and valuable experience in a reputable financial services organization.

Benefits

Competitive daily rate

Opportunity to work in a respected organization

Collaborative work environment

Qualifications

• Minimum of 5 years of proven experience in banking.
• Strong awareness of trade-based money laundering risks.
• Solid understanding of Letters of Credits, SBLCs, Guarantees, and Forfaiting.

Responsibilities

• Oversee processing and management of loans from initiation to closure.
• Maintain confidential client and loan-related data.
• Monitor loan portfolios and process payments.

Skills

Experience in Trade Bilateral Loan

Risk distribution

Forfaiting

Compliance checks

Job description

About Our Client

This organisation is a well-established entity within the financial services industry, known for its expertise in banking and financial services. Operating as a medium-sized company, they are dedicated to delivering exceptional solutions to their clients.

Job Description

• Oversee the end-to-end processing and management of loans, from initiation to closure, ensuring all documentation is complete and compliant with internal and regulatory requirements.
• Maintain accurate client and loan-related data in internal systems, ensuring confidentiality and data integrity.
• Perform day-to-day tasks related to loan drawdowns, repayments, rollovers, rate fixing, and fee management, particularly for syndicated loans.
• Monitor loan portfolios, process payments, and ensure that overdue balances, fees, and charges are followed up in line with bank policy.
• Demonstrate hands‑on expertise in forfaiting and in the execution of syndicated loan transactions, with an emphasis on effective risk distribution.
• Evaluate, process, and systematically maintain documentation related to risk participation and loan facilities.
• Draft and review offer and acceptances in accordance with Master Risk Participation Agreements (MRPA) for executing secondary market loan transactions.
• Perform end-to-end processing of Export Letters of Credit (L/C), ensuring accurate and timely execution throughout the entire lifecycle.

The Successful Applicant

• Minimum of 5 years of proven experience in banking, with a strong focus on Trade Bilateral Loan, syndicated loan products, Risk distribution (Sales/Credit Insurance) and forfaiting (required).
• Strong awareness of trade-based money laundering risks, with the ability to identify potential red flags and appropriately elevate suspicious transactions. Experienced in performing Financial Crime Compliance checks as a first line of defence for trade finance instruments (essential).
• Solid understanding of Letters of Credits, SBLCs, Guarantees, and Forfaiting.

What's on Offer

• Competitive daily rate of £270 to £330.
• Temporary position providing valuable experience in trade finance operations.
• Opportunity to work within a respected organisation in the financial services industry.
• Based in London with access to a professional and collaborative work environment.