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Our client, an international bank based in West London, who offer Hybrid working, currently seek a Trade Finance Officer/Supervisor with proven experience in processing, verifying and managing complex Guarantees
To be eligible for this role you must have a technical, sound understanding of Guarantees
Key Responsibilities
- Reporting to the Deputy Head of Trade, you will responsible for all aspects of the guarantees process, (opening, amending and administering), across the banks Branches
- Ensure all Guarantees are handled in line with agreed SLA's to ensure that customer service standards
- Ensure that instructions from customers/branches of the Bank and other banks regarding all aspects of guarantees are implemented within agreed turnaround times and are without errors
- Ensure that copies of Guarantees issued are sent to customers and other banks and relative charges are collected/claimed promptly
- Approve release of transactions at the request of the Senior Trade Services Officer or Deputy Head of Trade Services.
- Share responsibility for clearing outstanding reconciliation items in respect of Guarantees and any other items relating to Trade Services.
- Ensure that month end balancing of guarantees and commission accounts are done promptly
Essential Experience Required
- Extensive Trade services background in particular processing, verifying and managing complex Guarantees
- Sound knowledge of how complex guarantees work across a variety of Trade Finance Transaction types
- A team player, happy to support other areas of the Trade Services team
- Some supervisory experience would be highly beneficial
