At a Glance
- Tasks: Manage trade finance operations and ensure smooth international transactions.
- Company: Join a leading banking client with a focus on inclusivity and innovation.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Be part of a dynamic team that supports global trade and enhances your skills.
- Qualifications: Knowledge of trade finance products and risk management skills.
- Other info: 12-month contract with potential for extension and a collaborative work environment.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Trade Finance Operations Officer (Associate) – 12 Month Contract – London – Hybrid Working
The Adecco group is part of Adecco Workforce Solutions (AWS). We put expertise, energy, and enthusiasm into improving everyone\’s chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.
We are recruiting for one of our high-profile banking clients. They are currently looking for a Trade Finance Operations Officer to join them for an initial 12 month contract, however there may be scope for extension.
Purpose of the Role: To perform all operational aspects of trade finance products in an accurate, efficient and timely manner. Trade Finance is the financing of international trade flows. It exists to mitigate or reduce the risks involved in an international trade transaction for both the exporter who requires payment for their goods or services and the importer who wants to make sure they are paying for the correct quality and quantity of goods.
Responsibilities
- Perform all operational aspects of trade finance products in an accurate, efficient and timely manner.
- Close liaison with marketing teams as well as internal and external customers providing technical assistance relating to trade products (may include customer visits).
- Collaborate with CPD to ensure that all aspects of financial crime in trade products are addressed and red flags escalated as appropriate.
- Apply appropriate workflows and procedures across EMEA to provide guidance for the operation of trade products.
- Assist to maintain appropriate business contingency plans to restore operations in an efficient and controlled manner.
- Assist to collate business volumes.
- Engage in OAD Kaizen initiative contributing toward continuous improvement.
Knowledge, Skills & Experience
- Technical knowledge of traditional trade finance products such as Documentary Letters of Credit, Stand-by Letters of Credit and Guarantees, Documentary Collections, Discounted Receivables (bills of exchange, promissory notes, invoices).
- Able to identify operational risk and follow mitigation plans.
- Understanding of key legal implications of trade products and relevant precedents.
- Understanding of financial crime risk pertaining to trade finance and how to follow mitigation plans.
- Understanding of accounting principles for trade finance products.
- Understanding of shipping terms and the commercial terms pertaining to international trade flows.
Location and Working Hours
Location: Hybrid working role with an requirement to work from the client\’s London office 2-3 days a week.
Working hours: Standard working hours with some flex where required.
Application
If you feel that this is a role that would suit you then please apply today. If you do not hear from us within 48 hours of your application, please assume that you have been unsuccessful on this occasion.
The Adecco Group is an equal opportunities company.
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Trade Finance Operations Officer (Associate) employer: Adecco
Contact Detail:
Adecco Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Finance Operations Officer (Associate)
✨Tip Number 1
Network like a pro! Reach out to people in the trade finance sector on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of trade finance products. Be ready to discuss how you can apply your skills to mitigate risks and improve operations.
✨Tip Number 3
Showcase your problem-solving skills! During interviews, share examples of how you've tackled challenges in previous roles, especially those related to financial crime risk or operational efficiency.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Trade Finance Operations Officer (Associate)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trade Finance Operations Officer role. Highlight relevant experience and skills that match the job description, especially your knowledge of trade finance products and operational risk management.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about trade finance and how your background makes you a great fit for the team. Don’t forget to mention your understanding of financial crime risks and mitigation plans.
Showcase Your Technical Skills: Since this role requires technical knowledge of trade finance products, be sure to include specific examples of your experience with Documentary Letters of Credit, Guarantees, and other relevant products. We want to see what you can bring to the table!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you in front of the right people quickly!
How to prepare for a job interview at Adecco
✨Know Your Trade Finance Basics
Before the interview, brush up on your knowledge of traditional trade finance products like Documentary Letters of Credit and Guarantees. Being able to discuss these confidently will show that you understand the core responsibilities of the role.
✨Showcase Your Risk Management Skills
Be prepared to talk about how you've identified operational risks in previous roles and the steps you've taken to mitigate them. This is crucial for a Trade Finance Operations Officer, so have specific examples ready to share.
✨Understand the Legal Landscape
Familiarise yourself with the key legal implications of trade finance products. During the interview, you might be asked about relevant precedents, so demonstrating this knowledge can set you apart from other candidates.
✨Engage with Continuous Improvement
The role involves contributing to initiatives like OAD Kaizen. Think of ways you've previously engaged in process improvements and be ready to discuss how you can bring that mindset to the team.