Trade Finance Operations Officer
Venn Group’s London office are currently recruiting for a Trade Finance Operations Officer to join an exciting well-established global bank based in Canary Wharf. The candidate will have to deal with a wide range of products used to mitigate such risks would be: Letters of Credit, Guarantees, Supply Chain Finance – Receivable Finance, Structured Trade & Commodity Finance.
This is an exciting opportunity for those who wish to expand their career progression in a well-respected bank in the financial industry.
Day to Day Responsibilities:
- Perform all operational aspects of trade finance products in an accurate, efficient and timely manner
- Liaising with marketing teams as well as internal and external customers providing technical assistance relating to trade products
- Close liaison with various department both internal and external to ensure that all aspects of financial crime in trade products and any red flags escalated as appropriate
- Application of appropriate workflows and procedures across EMEA to provide guidance to performance of operational responsibility for trade products
- Assisting to maintain appropriate business contingency plan to restore operations in an efficient and controlled manner.
Essential Skills / Knowledge:
Technical knowledge and understanding of traditional trade finance such as:
- Documentary Letter of Credits
- Stand-by Letters of Credit and Guarantees
- Documentary Collections
- Discounted Receivables – bills of exchange, promissory notes, invoices
- Able to identify operational risk and follow migration plans
- Understanding of financial risk pertaining to trade finance
- Understanding of accounting principles for trade finance products
To explore this opportunity, please apply to this advert and send your CV to Venn Group’s Financial Services team and call the team on 020 7557 7667