Trade Finance Services Specialist

Job Description:

Job Title: Guarantees and Standby Letter of Credit Officer

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:

Here in our Bromley office, an opportunity has become available in the Trade Finance business. The successful individual will perform a variety of technical and analytical functions related to Guarantees and SBLC’s processing. This role will be supporting a growing business, in a friendly, multilingual, versatile team. There is opportunity to grow and develop, cross-training on all the European branches supported from the Shared Service Centre and wider exposure to Trade Finance products.

Responsibilities:

1. Processing transactions related to Trade Finance guarantees, perform support and servicing functions, such as problem resolution and exception handling for clients and business partners.
2. Communicating complex data and information clearly and effectively to clients and business partners.
3. Performing a variety of technical and analytical functions related to trade finance including researching, analyzing, enquiries that require specialized, sensitive, or exception handling.
4. Developing capabilities and competencies through self-study or participation in trainings.
5. Client facing with contact mainly via e-mail and over the phone.

What we are looking for:

The guarantees team currently consists of 9 associates. We are looking for an additional Italian + French language speaker who is a highly motivated individual with knowledge and experience of Guarantees and Standby LCs (SBLCs), who can work within the team performing a variety of technical and analytical functions relating to Guarantee and Standbys:

1. Wording reviews.
2. Issuances.
3. Amendments.
4. Closures.
5. Working knowledge and experience of processing Guarantees and SBLCs, including related rules - UCP600 and ISP98, URDG758.
6. Must have European languages - Italian + French - Fluent written and verbal. German and Spanish beneficial.
7. Ability to accurately handle administrative tasks.
8. Prior experience in a client facing position.
9. Good communication and time management skills.

Skills that will help:

1. Microsoft Office knowledge.
2. Attention to Detail.
3. Customer and Client Focus.
4. Recording/Organizing Information.
5. Adaptability.
6. Collaboration.
7. Prioritization.
8. Analytical Thinking.
9. Oral Communications.
10. Problem Solving.
11. Research.

Benefits of working at Bank of America:

UK

1. 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.
2. Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
3. 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.
4. The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
5. Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
6. Access to an Employee Assistance Program for confidential support and help for everyday matters.
7. Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
8. Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
9. Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.