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Our client, a multinational bank are recruiting a permanent, Senior Trade Finance Officer, to work in their London office joining an existing team of 6.
Main Responsibilities of the Senior Trade Finance Officer:
- Advising export documentary credits
- First or second check the documents and complete check list charges schedule and discrepancies list
- Ensure discrepancies are advised to the beneficiaries and the presenting bank within a reasonable time.
- Prepare payments on export DC, Outward DC and claims under Guarantee promptly and schedule are correctly prepared and authorised on T. I
- Ensure all incoming messages pertaining to export documentary credit(s) / amendment(s) / confirmation(s) and correspondences are mapped for input in systems.
- Prepare swift message to the reimbursing bank for confirmation of reimbursement authority.
- Ensure all approvals / rate and allocations are in place.
- Process subject transactions in systems and make sure all relevant documents are being generated correctly before submitting for authorisation.
- Ensure discounting requested of the beneficiary /financial institution is in place.
- Adhocly Scrutinise text and terms of the guarantee and counter guarantee and obtain approval by credit department
Skills required of the Senior Trade Finance Officer:
- Minimum 3 Years’ experience in a Trade and Documentary Credit role.
- Knowledge of UCP600 and all governing rules.
- Ability to work unsupervised with strong attention to detail
- Good team player with a ‘can do’ attitude
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