Job Details

Trade Finance LC’s/Collections Analyst

London, Greater London, United Kingdom, £40,000 - £45,000 , Permanent

Posted: 2 hours ago


We are working with our client, a well-established International Bank based in London, in their search for a Trade Finance LC's/Collections Analyst to join their team.

Responsibilities will include:

* Processing of all life cycle events of letters of credit (import and export - issue, advise amend, acceptance, discount, payment, checking documents)

* Processing of all life cycle events of collections (import/export, clean/documentary, remit, present, acceptance, payment).

* Processing of all life cycle events of various financing products such as; trade based loans, promissory notes discounts, invoice discounting, letter of credit discounting, supply chain finance.

* Adhere to governing rules, UCP, URC, ISP98, HOP, procedures and all relevant controls.

* Develop and improve effective working relationships with all trade stakeholders.

* To support training requirements of team members.

* Ensure compliance with all Bank and Regulatory requirements in order to mitigate financial and compliance risks.

Skills & Experience required:

* Minimum 2 years' experience working in a trade finance operations environment including checking shipping documents against UCP600, the LC itself and ISBP.

* Thorough understanding of all trade finance products, import and export LCs, collections and financing.

* Knowledge of UCP600 and other relevant ICC publications

* Knowledge of money laundering controls relevant to trade finance.

* Understanding of formatting Swift messages

Job Details

London, Greater London, United Kingdom
£40,000 - £45,000