Trade Finance Officer

City of London

Office based

Permanent

£50,000 – £60,000

cer Financial are working alongside an international bank, who are based in the City of London. They are seeking a Trade Finance Officer to work with them on a permanent basis.

The responsibilities of the Trade Finance Officer will include:

• Monitor the daily shared calendar and complete all scheduled follow-up tasks.
• Conduct initial checks of documents presented under letters of credit.
• Process trade finance payments and prepare related vouchers and documentation.
• Record accounting entries accurately in the Equation system.
• Review letters of credit and amendments for workability and advise beneficiaries accordingly.
• Process SWIFT messages relating to trade finance transactions (700 and 400 series).
• Maintain and update transaction registers.
• Reconcile trade finance exposure reports against outstanding transactions.
• Process the issuance and amendment of bank guarantees, including bid bonds, performance bonds, and demand/payment guarantees.
• Process inward and outward documentary collection orders.
• Liaise with customers regarding discrepancies and provide technical guidance on letters of credit.
• Conduct customer due diligence (CDD) and anti-money laundering (AML) checks in line with bank policies.
• Ensure all work is completed with accuracy, attention to detail, and due care.
• Adhere to all applicable laws, regulations, internal policies, and the Bank’s Code of Conduct.
• Complete mandatory compliance and operational resilience training within required deadlines.
• Promptly report any actual or suspected compliance breaches.
• Support operational resilience activities, including training, testing, and incident response.
• Assist in preparing weekly, monthly, quarterly, and annual management information reports.
• Maintain filing systems and archive completed transaction files.
• Scan completed transactions into the DSX Data Store system daily.
• Support the Senior Trade Finance Officer and Head of Trade Finance with departmental activities as required.

The successful candidate will have:

• Minimum 5 years’ Trade Finance experience within an international bank.
• Experience with letters of credit and guarantees, including issuance, advising, amendments, and payments.
• Strong knowledge of UCP, URC, URDG, and reimbursement rules (URR).
• Experience in document checking, collections, and trade finance processing.
• Good understanding of credit lines and completing counterparty limit checks.
• Proficient in SWIFT, Equation, Microsoft Outlook, Excel, and Word.
• Experience conducting AML checks and customer due diligence (CDD).
• Professional qualifications such as CDCS are advantageous.