Trade Finance Specialist

Placements24; Windsor Park (TN); On-site; USD 81,000 - 121,000; Full time

Benefits offered by this job

Competitive salary

Professional development

Global exposure

Paid time off

Retirement plans

Job summary

Placements24 is seeking an experienced Trade Finance Specialist to join their international trade team in East London. You will handle trade finance transactions, assess risks, and provide expert guidance to clients.

You will ensure compliance with sanctions and AML/KYC rules, liaise with banks and clients, and stay abreast of regulatory changes. This role offers exposure to complex global deals and opportunities for professional development.

Qualifications

• Bachelor's degree in Finance, IB, Economics, or related field.
• Minimum of 5 years in trade finance operations or related banking role.
• In-depth knowledge of UCP 600, ISBP and trade practices.
• Familiarity with AML/KYC regulations and sanctions.

Responsibilities

• Process and manage trade finance instruments, including letters of credit, documentary collections, and bank guarantees.
• Assess and mitigate risks in international trade transactions, including country, currency, and counterparty risk.
• Advise clients on trade finance solutions to optimize imports and exports.
• Ensure compliance with international trade regulations, sanctions, and AML/KYC requirements.
• Liaise with correspondent banks, clients, and other stakeholders to ensure timely execution of transactions.
• Monitor market developments and regulatory changes impacting trade finance.

Skills

Analytical skills

Communication skills

Risk assessment

Attention to detail

Client advisory

Education

Bachelor's degree in Finance, International Business, Economics, or a related field

Job description

About the Role

Our client is seeking an experienced Trade Finance Specialist to join their international trade department in East London . This role requires a deep understanding of international trade transactions, instruments, and regulations to facilitate smooth and secure global commerce for the bank's clients. You will be responsible for processing trade finance transactions, managing risks associated with international trade, and providing expert advice to clients on trade finance solutions. This is an excellent opportunity for a specialist to leverage their expertise in a key operational role within a prominent financial institution.

Key Responsibilities

• Process and manage various trade finance instruments, including letters of credit, documentary collections, and bank guarantees.
• Assess and mitigate risks associated with international trade transactions, including country, currency, and counterparty risk.
• Advise clients on trade finance solutions to optimize their import and export operations.
• Ensure compliance with relevant international trade regulations, sanctions, and anti-money laundering (AML) requirements.
• Liaise with correspondent banks, clients, and other stakeholders to ensure timely execution of transactions.
• Monitor market developments and regulatory changes impacting trade finance.

Requirements

• Bachelor's degree in Finance, International Business, Economics, or a related field.
• Minimum of 5 years of experience in trade finance operations or a related banking role.
• In-depth knowledge of international trade finance instruments and practices (e.g., UCP 600, ISBP).
• Understanding of international trade regulations, sanctions, and AML/KYC requirements.
• Strong analytical and problem-solving skills, with keen attention to detail.
• Excellent communication and interpersonal skills for effective client and stakeholder interaction.

Benefits

• Competitive salary and comprehensive benefits package, including medical and retirement plans.
• Opportunities for professional development and specialized training in trade finance.
• A dynamic and international working environment in East London.
• Exposure to complex global trade transactions and client engagements.
• Paid time off and employee wellness programs.