Trade Services Clerk

Recruiter
LMA
Location
London
Salary
28000.0000
Posted
09 May 2017
Closes
08 Jun 2017
Contract Type
Permanent
Hours
Full Time

A new opportunity has become available at an International Bank for a Trade Services Clerk.

Duties to include:

  • All aspects of import transactions including: L/C issuance, acceptances, collections and import
  • All aspects of export transactions including: L/C advising, confirmation and checking
  • 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
  • Liaise correspondence in connection with documentary import and export letters of credit for customers of the Bank in line with agreed procedures
  • Collate and check documents which have been processed
  • Proficient checking of payments with appropriate knowledge of SWIFT rules
  • Timely following up of irregularities with customers
  • Assist manager and head of Institutional Banking in carrying out various trade finance related statistical reports and monitoring the progress of the transaction processing for management and Head Office
  • Funds positioning
  • Carrying out periodical accounting reconciliation internally with Credit Administration, Corporate Banking and Financial Control departments
  • Maker proper registrations to the business as required by the procedure
  • All the CDD and AML checking in trade services and other products lines as required

The candidate will have:

  • International trade finance practice and transactions
  • Transaction processing systems
  • UCP600
  • Microsoft Office proficiency