Trade Finance Operations
Main responsibilities will include:
To ensure the efficient processing of all related Trade Operations and ad hoc activities in timely manner.
Regular communication with Middle Office, Relationship Managers, other support areas such as Cash Ops, Dealers, Loan Ops and Finance.
Timely and accurate delivery of Trade Finance Operations work.
To process work in accordance with the established procedures, policies, guidelines, code of conduct and standards as applicable.
Full compliance with the Bank's policies, guidelines and code of conduct.
Take ownership of assigned processing.
To escalate error, problem, exception or abnormal transaction to Head of Trade Operations
Skills and experience required:
Relevant and recent banking experience is essential.
Knowledge and work experience in a Trade Finance department is required.
In depth knowledge of the following areas is essential for this role:
Import Export Letters of Credit (UCP 600 ISBP98 )
Documentary Collections (URC 522)
Bank to Bank Reimbursement (URR 725)
International Standby Practices ISP98
ICC URDG 758 Uniform Rules for Demand Guarantee
Familiarity with SWIFT messages preferred.
Understanding of commodity markets an advantage.
Strong written presentation skills and attention to detail.
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