Trade Finance Specialist
Must-have:FinTechSenior
Location: London | Permanent
An international bank is seeking an experienced Trade Finance Operations Specialist to support the execution, processing, and administration of a broad range of trade finance transactions within a fast-paced environment.
Key Responsibilities
- Process and manage trade finance transactions including Letters of Credit (LCs), Standby LCs (SBLCs), Guarantees, Bills Discounting, Forfaiting, Receivables Finance, Promissory Notes and Bills of Exchange.
- Review documentation, process settlements, rollovers, fee calculations, payments, cancellations, and collections.
- Liaise with issuing banks, counterparties, treasury, compliance, credit, and business development teams.
- Monitor trade transactions to ensure compliance with internal controls, regulations, and risk frameworks.
- Identify and escalate documentation discrepancies and potential red flags.
- Process and authorise transactions accurately within agreed service levels.
- Monitor credit line utilisation and maintain trade finance exposure records.
- Support account opening, KYC reviews, cash flow planning, and management reporting.
- Prepare daily and weekly reports for senior management.
Skills & Experience
- 10+ years' banking experience within Trade Finance Operations, Transaction Execution, or Structured Trade Finance.
- Strong understanding of trade finance products, operational processes, credit risk, compliance, and KYC requirements.
- Experience negotiating and managing LCs, SBLCs, Guarantees, and structured trade finance transactions.
- Knowledge of commodity trade finance and pricing indices (e.g. Platts) is advantageous.
- Excellent attention to detail and ability to manage multiple transactions simultaneously.
This is an excellent opportunity to join an international banking institution and work across a diverse portfolio of trade finance products and transactions.