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Trade Services Analyst

  • Location: London
  • Sector: Banking Operations
  • Salary: £32000 - £40000 per annum
  • Job type: Permanent
  • Date posted: 10/01/2019
  • Job reference: DBers
This vacancy has now expired.

I am currently working alongside an emerging markets bank based in the City in the recruitment of a Trade Services Clerk.

You will be expected to perform tasks relating to import and export initiation and settlement business, including L/Cs, Clean and Documentary Collections, Bank Guarantees, trade finance business. AML System checking and assessment on trade transactions.

Main responsibilities -

  • All aspects of import transactions including: L/C issuance, L/C acceptances, collections such as D/P, D/A, etc., scan document and send to BPC for their checking under import L/Cs, effecting payment under L/Cs, D/P, D/A, etc., bank guarantees / standby L/Cs and import finance.
  • All aspects of export transactions including: L/C advising; L/C confirmation, scan documents and send to BPC for their checking against export L/C negotiation, L/C reimbursement and collections under D/P, D/A, etc. Double check the contents of delivery documents before mailing.
  • Trade related finance solutions such as packing loans, factoring, bills discounting, forfaiting and funded or un-funded risk participation.
  • Calculate accurately the fees and interests for the relevant transactions.

The successful candidate will have previous experience in a similar role. In return they are offering a salary of £32,000 - £40,000.

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