Trade Finance Analyst

Salary: £60,000 – £66,000 per year

We are working with our client, a leading Bank, in their search for a Trade Finance Operations Analyst to join their team in London on a permanent basis. The main purpose of the role is to be responsible for all documentary credits processing which includes 1st checking of documents presented thereunder and processing respective payments and refusals within agreed timescales, ensuring the bank’s position is protected at all times. French/Arabic language skills desirable but not essential.

Responsibilities:
1st Checking of documents presented against Letters of Credit In accordance with relative rules and regulations
Processing payments, acceptances, deferred payments, discounts under letters of credit all
to agreed timescales.
Acts as a source of reference to all clients and counter parties.
Ensures that customers receive an efficient and professional service within agreed turnaround times.
Calculating and reviewing commissions ensuring all fees due to the Bank are collected.
Involvement with processing of participations, syndications and back to backs.
Act as a subject matter expert for Letters of Credit and related Trade Finance products.
Act as a source of reference to all clients and counter parties in relation to Collections and Reimbursements.
May be required to cover collections role short term
May be required to cover admin role short term

Skills and knowledge
Minimum 3 years’ documentary credits experience within the banking sector. Experience must include exposure to document checking, trade finance payments and SWIFT.
Minimum GCSE level (or equivalent) English and Maths.
Detailed knowledge of documentary credits and all applicable ICC rules and publications.
Qualified CDCS CITF or CTFC required, or agreed to undertake within first year.
Excellent written and verbal communication skills with a high level of numeracy, literacy, accuracy and attention to detail
French or Arabic language skills desirable
Degree level education relatable to banking or business desirable