Trade Finance - L/C Advisor

Recruiter
LMA
Location
London
Salary
35000.0000
Posted
14 May 2017
Closes
13 Jun 2017
Contract Type
Permanent
Hours
Full Time

We are currently looking for an experience L/C Advisor to join the Trade Finance division in an international bank based in London.

Key duties/ experience will include:

  • Review and processing and checking of Import and Export L/C's
  • Processing and checking of Transferable and standby L/C's
  • Processing of Export and import Collections
  • Issuing/Processing, checking of Guarantees
  • Responding to all LC and amendments queries
  • Advising letter of credit and amendment to beneficiaries
  • Dealing with Reimbursements claims under L/C's and clean reimbursements and reporting any reimbursements where the value date has passed.
  • Processing of Import L/C, Back to Back L/C, commodity LCs and Guarantees
  • Attending to queries promptly from customers and issuing Banks
  • Paying advice through bank charges
  • Monitoring outstanding refinances and preparing reports
  • Preparation and circulation of LC report
  • LC expiry report
  • End of day report
  • Taking charges on expired LCs
  • Comply with the FCA/PRA's Individual Conduct Rules, as outlined below
  • CBN report
  • Good knowledge of SWIFT
  • Processing of and monitoring of commercial loans
  • Processing of Inward and outward collection and acceptances

This is a 6 month FTC and the client is willing to pay up to £35,000 p.a. depending on the level of candidate experience.