Trade Finance Service Specialist

Bank of America; Bromley, Hertsmere; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking a Trade Finance Services Specialist to join their vibrant Bromley office. This role involves performing technical and analytical functions related to trade financing, including researching, analyzing, and resolving trade documents. The ideal candidate will thrive in a fast-paced environment, demonstrating excellent communication skills and attention to detail. With a commitment to diversity and inclusivity, this forward-thinking company offers a supportive workplace where you can develop your career while making a positive impact in the community.

Benefits

Private healthcare for you and your family

Competitive pension plan

20 days of backup childcare

Flexible benefits options

Access to mental health support

Employee Assistance Program

Charity donation matching

Arts & Culture memberships

Volunteer opportunities

Qualifications

• Ability to work in a pressurized environment and be flexible.
• Excellent attention to detail for accurate communication with clients.

Responsibilities

• Processes transactions related to various Trade Finance products.
• Communicates complex data clearly to clients and business partners.
• Manages risk by ensuring transactions are handled efficiently.

Skills

Attention to Detail

Customer and Client Focus

Adaptability

Collaboration

Prioritization

Recording/Organizing Information

Analytical Thinking

Oral Communications

Problem Solving

Research

Tools

Microsoft Office

Job description

Job Description:

Job Title: Trade Finance Services Specialist

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 how we make 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:

This job is responsible for performing a variety of technical and analytical functions related to trade financing and servicing. Key responsibilities include researching, analysing, auditing, tracing, and resolving trade documents that require specialized, sensitive, or exception handling. Job expectations include evaluating acceptances, issuances, amendments, and negotiations for import and export, standby and government letters of credit, and bankers’ acceptances related to trade financing.

We are looking for Trade Finance professionals with subject background to perform client service functions on Supply Chain Finance, Risk Distribution, Risk Participation, and Trade loans products.

Responsibilities:

• Processes transactions related to various Trade Finance products and performs support and servicing functions, such as problem resolution and exception handling for clients and business partners
• Communicates complex data and information clearly and effectively to clients and business partners
• Performs a variety of technical and analytical functions related to trade financing and servicing, including researching, analysing, auditing, tracing, and resolving Trade Finance documents that require specialized, sensitive, or exception handling
• Manages risk by ensuring transactions are handled efficiently, identifying, and escalating potential risks
• Develops capabilities and competencies through self-study or participation in trainings on system enhancements
• Handles client queries via email and phone on Supply Chain Finance and risk distribution processes
• Assists with monthly reporting to internal stakeholders and external clients
• Updates and maintains product-related operational procedures
• Handles daily metrics for management reporting
• Works with business partners to support new clients where required

What we are looking for:

• Ability to work in a pressurised environment and be flexible
• Good communication and time management skills
• Excellent attention to detail for accurate and confident communication with clients
• Proficient in Microsoft Office
• Trade products knowledge is desirable
• Quick to adapt to a demanding environment and able to balance priorities

Skills that will help:

• Attention to Detail
• Customer and Client Focus
• Adaptability
• Collaboration
• Prioritization
• Recording/Organizing Information
• Analytical Thinking
• Oral Communications
• Problem Solving
• Research

Benefits of working at Bank of America:

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance, and group income protection cover if you become unable to work due to disability or health reasons
• 20 days of backup childcare including access to school holiday clubs and 20 days of backup adult care per annum
• The ability to customize your benefits with flexible options including a wellbeing account, travel insurance, critical illness, etc.
• Access to an emotional wellbeing helpline, mental health first aiders, and virtual GP services
• Access to an Employee Assistance Program for confidential support
• Option to donate to charities via payroll, with the bank matching contributions
• Opportunity to access Arts & Culture memberships and discounted cultural institution entries
• Volunteer opportunities to give back to the community and develop new skills

Bank of America:

We prioritize good conduct and sound judgment to ensure long-term success. All employees are expected to uphold the standards of conduct outlined in our Code of Conduct, emphasizing individual accountability and ownership.

We are an equal opportunities employer and ensure that no applicant faces discrimination based on sex, gender identity, marital status, race, religion, age, sexual orientation, pregnancy, socio-economic background, or disability. Our recruitment processes are accessible, and we encourage candidates to inform us of any adjustments needed.