Trade Finance Officer

Recruiter
Daniel Recruitment Ltd
Location
London, UK
Salary
Competitive
Posted
18 Aug 2019
Closes
23 Aug 2019
Ref
1222732559
Job Role
Finance Manager
Contract Type
Permanent
Hours
Full-time
Level of qualification
Newly qualified, Qualified
International Bank is currently seeking to recruit a Trade Finance Officer to deputise the Head of Bills Services Section in carrying out the Bills Services functions to provide high quality service standard to Trade Finance customers with a view to contribute towards the business growth and profitability targets of the Branch. Ideally, we are looking for a Trade Finance Officer with a few years' experience in all aspect of Trade Finance and with thorough knowledge and experience in Invoice Discounting. Duties and responsibilities as follows: Check and authorise Documentary Credits transactions within the delegated signing authority: First or counter checking of Import/Export Documents under Documentary Credits. Authorise and release SWIFT/TELEX messages via Eximbills system. Use of UCP600 rules Check and sign Bills Schedules of Import & Export Bills processed. Submit Bills Referral to Branch Manager via the Operations Manager for approval (for Limits within Branch's approving authority) / for recommendation and submission to Head Office for Limits exceeding Branch's approving authority. Approve application for financing bills, L/C, SBLC, LG and bills amendment Release Import L/C, bills amendments, Freight Payments, and Import & Export payments via Eximbills. Settlement of advances transactions. Supervise monthly unreconciled report and adjusting entries. Assist in the development and implementation of strategies, policies and procedures related to Documentary Credits operations for continuous improvements in efficiency. Monitor compliance with the approved policies, workflow procedures and guidelines and relevant governing rules & regulations pertaining to Documentary Credits Prepare monthly statistical reports for the Management. Supervise, motivate and train the staff to ensure the smooth functioning of its operations. Accountable for the maintenance and management of customer relationships to achieve total customers' satisfaction via delivery of high quality customer services in order to attract and retain customers and to contribute towards achievement of the Branch's business growth and profitability targets. Good career and promotions prospects. Salary is commensurate with experience

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