Trade Finance Guarantees

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

1. Reporting to the Deputy Head of Trade, you will be responsible for all aspects of the guarantees process (opening, amending and administering) across the bank's branches.
2. Ensure all Guarantees are handled in line with agreed SLAs to maintain customer service standards.
3. Implement instructions from customers/branches of the Bank and other banks regarding all aspects of guarantees within agreed turnaround times and without errors.
4. Ensure that copies of Guarantees issued are sent to customers and other banks, and relative charges are collected/claimed promptly.
5. Approve release of transactions at the request of the Senior Trade Services Officer or Deputy Head of Trade Services.
6. Share responsibility for clearing outstanding reconciliation items in respect of Guarantees and any other items relating to Trade Services.
7. Ensure that month-end balancing of guarantees and commission accounts is done promptly.

Essential Experience Required

1. Extensive Trade services background, particularly in processing, verifying and managing complex Guarantees.
2. Sound knowledge of how complex guarantees work across a variety of Trade Finance transaction types.
3. A team player, happy to support other areas of the Trade Services team.
4. Some supervisory experience would be highly beneficial.

Competitive Salary + Hybrid Working, Bonus, up to 30 days holiday.