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Transaction Processing Contract - Banking - London

Job Title: Transaction Processing Contract - Banking - London
Contract Type: Contract
Location: London, England
Industry:
Salary: £180 - £210 per day
Start Date: ASAP
Reference: BBBH19008_1531297093
Contact Name: Anai Patel
Contact Email: anai.patel@twentyrecruitment.com
Job Published: July 11, 2018 09:18

Job Description

An excellent opportunity has arisen for a motivated and hard-working individual to join the Trade Finance department at a leading financial institution based in London. The role will sit within the Letters of Credit team which is responsible for processing and maintaining LC's, documents and settlements.

Responsibilities:

  • Process Trade Finance transactions
  • Check shipping documents against LC terms and conditions
  • Process all life cycle events of letters of credit (import and export)
  • Process all life cycle events of collections
  • Look after all aspects of documentary collections
  • Processing of all documents in accordance with the Bank's procedures.
  • Preparation of Swift messages as required.
  • Handling payment of L/C reimbursement
  • Record all pending items, and timely escalation of all matters.
  • Establish and maintain effective working relationships with all trade stakeholders.

Experience Required:

  • Solid experience working within a trade finance environment
  • Good understanding around UCP 600
  • Ability to check shipping documents against letters of credit
  • CDCS preferred
  • Experience with collections and letters of credits essential
  • Good knowledge of trade finance products and their lifecycles