Trade Finance Officer - CER Financial - #2089887

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:

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

The successful candidate will have:

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