Our client, an international bank based in West London, who offer Hybrid working, currently seek a Trade Finance Officer/Supervisor with proven experience in processing, verifying and managing complex Guarantees
To be eligible for this role you must have a technical, sound understanding of Guarantees
Key Responsibilities
*Reporting to the Deputy Head of Trade, you will responsible for all aspects of the guarantees process, (opening, amending and administering), across the banks Branches
*Ensure all Guarantees are handled in line with agreed SLA’s to ensure that customer service standards
*Ensure that instructions from customers/branches of the Bank and other banks regarding all aspects of guarantees are implemented within agreed turnaround times and are without errors
*Ensure that copies of Guarantees issued are sent to customers and other banks and relative charges are collected/claimed promptly
*Approve release of transactions at the request of the Senior Trade Services Officer or Deputy Head of Trade Services.
*Share responsibility for clearing outstanding reconciliation items in respect of Guarantees and any other items relating to Trade Services.
*Ensure that month end balancing of guarantees and commission accounts are done promptly
Essential Experience Required
*Extensive Trade services background in particular processing, verifying and managing complex Guarantees
*Sound knowledge of how complex guarantees work across a variety of Trade Finance Transaction types
*A team player, happy to support other areas of the Trade Services team
*Some supervisory experience would be highly beneficial