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Trade Finance & Trade Innovations

  • Location: City of London, London
  • Sector: Banking Operations
  • Salary: Negotiable
  • Job type: Contract/Interim/Temporary
  • Date posted: 19/10/2020
  • Job reference: 1965

A new temporary role has arisen for a strong Trade Finance candidate with the Trade Innovations Experience

Duties to include Document Checking and follow-up with presenting Banks and other relevant parties on Letters of Credit documents.
* Negotiation/Authorising trade processing transactions on bank operating software and SWIFT.
* Preparation of Trade Finance loan proposals, booking of loans and loan liquidations on Flexcube and advice of loan booked to issuing banks or LC applicants.
* Must have skill to generate day to day payments under export Letter of Credits and import L/C's vide MT202 and or MT103

Relationship management with LC issuing Banks and follow-up to ensure queries and concerns relating to trade finance raised are resolved in timely manner.

* Processing of Bills for Collection
* Sending out monthly chasers on overdue bills for collections and expired LCs.
* Assisting Trade Finance team on Audit enquiries/queries and investigations when assigned.

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