Trade Finance Clerk

Recruiter
MW Recruitment
Location
West London, UK
Salary
Competitive
Posted
18 Sep 2019
Closes
02 Oct 2019
Ref
1240507424
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
An overseas bank wishes to recruit trade services clerk who will be reporting to the head of institutional banking.

Purpose of the role will be to perform tasks relating to import and export initiation and settlement business, including L/Cs, clean and documentary collections, bank guarantees, trade finance business.

Mandarin speaker is highly desirable but not essential.

Role duties:
  • Responsible for all aspects of import transactions including: L/C issuance, L/C acceptances, collections such as D/P, D/A.
  • Responsible for all aspects of export transactions including: L/C advising; L/C confirmation, scan documents.
  • Trade related finance solutions such as packing loans, factoring, bills discounting, forfaiting and funded or un-funded risk participation.
  • Collate and check documents which have been processed, to ensure Compliant with letters of credit terms and conditions.
  • Proficient checking of payments with appropriate knowledge of Swift rules.
  • Assist Head of Institutional Banking in carrying out various trade finance related statistical reports for Management and Head Office.
  • All the CDD and AML checking in trade services and other products lines as required by the Bank's policy.
  • Carrying out periodical accounting reconciliation internally with Credit Administration, Corporate Banking and Financial Control departments.

Skills required
  • Fluent in mandarin is desirable but not essential.
  • Knowledge of UCP600
  • Minimum 2-3 years experience in trade finance.

If you wish to be considered for this role, please apply now.

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