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Trade Finance Officer

Employer
Johnson & Associates Recruitment Specialists Ltd
Location
London, UK
Salary
Competitive
Closing date
21 Nov 2020

View more

Sector
Accountancy
Contract Type
Permanent
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Job Details

Our client a multinational banking and financial services institution are recruiting a Trade Finance Officer on a permanent basis.

The main Trade Finance products processed include Letters of Credit, Supply Chain Finance, Receivables Finance, Discounted Receivables, Structured Trade and Commodity Finance, Guarantees, Standby Letters of Credit & Documentary Collections

The main responsibilities of the Trade Finance Officer:

* To perform all operational aspects of trade finance products in an accurate, efficient and timely manner

* Close liaison with compliance to ensure that all aspects of financial crime in trade products and any red flags escalated as appropriate.

* Maintain strong external relationships with customers, logistical companies and financial institutions

* Maintain strong internal relationships with various departments

* Able to identify operational risk and follow mitigation plans.

Skills required of the Trade Finance Officer

* Technical knowledge and understanding of traditional trade finance products

* Understanding of accounting principles for trade finance products.

* Understanding of financial crime risk pertaining to trade finance and how to follow mitigation plans.

* Understanding of the commercial terms pertaining to international trade flows
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