Temporary Trade Finance Officer

Salary: £168 – £204 per hour

We are working with our client, an international bank based in London, with their search for a Trade Finance Officer to join their team on a temporary basis.
As this is a short term temporary contract we are only looking for candidate who are available immediately.
The role is within the Trade Finance Department and may be interchangeably responsible for processing, initiation, document checking or the settlement stage of trade finance operations products. The role will be processing Letters of Credit (Back to Back, transferrable etc.), IRUs, amendments, assignment of proceeds, LC settlements, discounts, acceptances, documents on approval, collections, IRU claims, Guarantees, SBLC, loan tickets, file maintenance. Processing all transactions in accordance with the banks UK Trade Finance, i-flex and SWIFT procedures, relevant ICC, (UCP 600) (ISBP) (URC) (URR) (ISP) (URDG) INCOTERMS.
Skills & experience required:
* Must have a minimum of 2 years’ experience in Banking/Financial Services in the Operations/Trade Finance area.
* A degree in Business, Banking, Finance, Economics or a related discipline is preferable
* CDCS is highly desirable
* Strong Trade Finance technical knowledge understanding and interpretation
* Good knowledge of all Trade Finance products and ability to process independently – Import and export LCs, back to back LCs, transferable LCs, discounts, IRUs, assignment of proceeds, collections, avalized bills, guarantees, SBLCs, collections, open accounts, LC settlements, and Documents Checking
* Good knowledge of all ICC Rules. Uniform Rules for collection (URC 522), latest version of UCP 600 and ISBP for the examination of documents, Uniform Rules for bank to bank reimbursement URR 725, URDG and ISP and how a guarantee/SBLC could/should be structured.
* Working knowledge of Trade Finance Compliance
* Computer literacy – minimum the beginner level in MS Excel (formulas, VLOOKUP, and pivot tables), MS Power Point (able to create a presentation document), MS Word and MS teams.
* Flexcube working knowledge desired but not essential
* Excellent working knowledge of SWIFT