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Trade Services Associate - Letters of Credit

  • Location: London
  • Sector: Banking Operations
  • Salary: £30000 - £40000 per annum
  • Job type: Permanent
  • Date posted: 28/11/2018
  • Job reference: DBhs763

I am currently working with an Emerging Markets Bank in the recruitment of someone to join their Trade Finance team.

Responsibilities of the role include -

  • All aspects of import transactions including: L/C issuance, L/C acceptances, collections. import L/Cs, bank guarantees / standby L/Cs and import finance.
  • All aspects of export transactions including: L/C advising; L/C confirmation
  • 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.
  • Proficient checking of payments with appropriate knowledge of Swift rules
  • Liaise with clients on matters relating to L/C transactions

Previous Trade Finance experience essential. In return they are offering a salary between £30,000 - £40,000 plus benefits and bonus.

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