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Assistant Product Operation Trade Settlement

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Assistant Product Operation Trade Settlement

  • Location:

    City of London

  • Sector:

    Monroe Banking & Finance

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Suzanne Renwick

  • Contact email:

    Suzanne.renwick@lmarecruitment.co.uk

  • Job ref:

    BBBH434482_1698771981

  • Published:

    about 1 month ago

  • Expiry date:

    2023-11-30

  • Client:

    LMA

This is an opportunity to join a city-based bank, offering good opportunities for progression. In this role you would be responsible for administering the delivery of all functions within the Trade Services Department.

Responsibilities :

  • Processing of daily workload which includes letters of credit, documentary collections and guarantees, both import and export and financing including negotiations, discounts, loans and risk sale and purchase.
  • Assist in handling ancillary tasks including: post, courier, filing, SWIFT messages, archiving, and other daily processes.
  • To assist with customer queries.
  • Preparing and providing information requested for monthly, quarterly and half yearly statistics for the department and Head Office.
  • Ensure all transactions are processed within time frame and within rules and regulations, e.g. UCP, ISBP and URDG
  • Provide assistance and advice to customers in relation to trade services products and assist our home and overseas branches and other banks with any queries when required.
  • Keep customer/bank master files up to date Knowledge:

Skills/Experience required:

Experience within a trade finance environment.
Experience within Financial Services industry
Proven track record in similar department/business stream
Good working knowledge of trade finance products

Personal Attributes:
Strong academic background with a minimum of 5 GCSEs including Mathematics and English
Basic MS excel and word skills