Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage guarantee processes, ensuring accuracy and compliance while supporting the Trade Services team.
- Company: Join a well-established financial institution with a strong reputation in trade services.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Be part of a crucial team, enhancing your skills in a fast-paced, impactful role.
- Qualifications: 5 GCSEs or equivalent, plus experience in documentary credits and guarantees required.
- Other info: Opportunity to act as deputy for the Senior Trade Services Officer and engage in compliance tasks.
The predicted salary is between 36000 - 60000 £ per year.
Trade Services Officer – Guarantees Are you an experienced professional in trade services with a focus on guarantees? We have an exciting opportunity to join a well-established financial institution, playing a key role in their Trade Services team. About the Role As a Trade Services Officer specializing in guarantees, you will ensure the efficient management of guarantee-related processes, including issuance, amendments, and administration. You will work closely with the Senior Trade Services Officer and the Deputy Head of Trade Services to deliver exceptional service in line with strict SLAs. Key Responsibilities: Act as a deputy for the Senior Trade Services Officer in their absence. Process guarantee instructions from customers and partner branches accurately and within agreed timelines. Ensure timely distribution of guarantee copies and collection of related charges. Approve and release transactions, ensuring all regulatory and compliance standards are met. Handle customer queries efficiently, escalating complex issues as needed. Support reconciliation tasks, month-end balancing, and other administrative duties related to guarantees. Compliance and Risk Management: Maintain adherence to regulatory requirements, including AML and financial crime policies. Execute financial crime prevention controls and perform due diligence on trade transactions. Monitor and report suspicious activity to relevant authorities. Skills and Experience Required: Minimum of 5 GCSEs (or equivalent) with relevant industry experience in documentary credits and guarantees. Proficient in PC tools, including Excel, Word, and trade processing systems (e.g., Eximbills). Strong knowledge of Uniform Rules for Demand Guarantees (URDG) and a commitment to ongoing professional development. JBRP1_UKTJ
Guarantees Officer employer: Kennedy Pearce Consulting
Contact Detail:
Kennedy Pearce Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Guarantees Officer
✨Tip Number 1
Familiarize yourself with the Uniform Rules for Demand Guarantees (URDG). Understanding these rules will not only help you in your role but also demonstrate your expertise during the interview process.
✨Tip Number 2
Network with professionals in the trade services field. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities within their organizations.
✨Tip Number 3
Stay updated on regulatory changes related to guarantees and financial crime prevention. This knowledge will be crucial in your role and will show your commitment to compliance during discussions with potential employers.
✨Tip Number 4
Prepare to discuss specific examples of how you've managed guarantee processes in the past. Highlighting your experience with issuing, amending, and administering guarantees will set you apart from other candidates.
We think you need these skills to ace Guarantees Officer
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Guarantees Officer position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in trade services, particularly with guarantees. Provide specific examples of how you've managed guarantee-related processes and any relevant compliance work you've done.
Showcase Your Skills: Mention your proficiency in PC tools like Excel and Word, as well as any trade processing systems you have used. Highlight your knowledge of the Uniform Rules for Demand Guarantees (URDG) to demonstrate your expertise in the field.
Craft a Strong Cover Letter: Write a compelling cover letter that not only summarizes your qualifications but also expresses your enthusiasm for the role. Explain why you are a good fit for the Trade Services team and how you can contribute to their success.
How to prepare for a job interview at Kennedy Pearce Consulting
✨Show Your Expertise in Trade Services
Make sure to highlight your experience in trade services, especially with guarantees. Be prepared to discuss specific examples of how you've managed guarantee-related processes in the past.
✨Demonstrate Compliance Knowledge
Since compliance is crucial for this role, be ready to talk about your understanding of regulatory requirements, including AML and financial crime policies. Mention any relevant training or certifications you have.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills. Prepare to discuss how you would handle customer queries or complex issues related to guarantees, showcasing your ability to think on your feet.
✨Familiarize Yourself with Relevant Tools
Since proficiency in PC tools is required, ensure you're comfortable discussing your experience with Excel, Word, and any trade processing systems you've used. You might even want to mention specific functions or features you excel at.
