At a Glance
- Tasks: Process and settle Trade Finance transactions while ensuring workflow efficiency.
- Company: Join a leading bank with a strong reputation in Trade Finance.
- Benefits: Competitive pay, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a supportive and collaborative setting.
- Why this job: Be part of a fast-paced team making impactful financial decisions.
- Qualifications: Extensive Trade Finance knowledge and strong communication skills required.
The predicted salary is between 40000 - 50000 € per year.
We are seeking an experienced Trade Finance Operations Specialist for a 6-12 month contract. The ideal candidate will bring extensive technical trade finance knowledge, exceptional accuracy, and the ability to support a fast-paced multi-product operations environment.
Role Summary
You will be responsible for processing and settling a broad range of Trade Finance transactions, supporting multiple business lines, and ensuring workflow efficiency. This role requires strong technical expertise, adherence to procedures and controls, and the ability to communicate effectively with stakeholders across the business.
Key Responsibilities
- Process and settle Trade Finance transactions promptly, prioritising high-value and time-critical items while consistently meeting SLAs.
- Complete all internal reporting requirements accurately and on time.
- Identify and resolve errors quickly, escalating issues to the Head of Department or Front Office.
- Proactively cross-train and support colleagues to build a flexible, multi-skilled operations team.
- Ensure correct use of systems and tools and maintain strict adherence to Head Office and internal operating procedures.
- Maintain high levels of customer service and uphold the professional image of the Bank.
- Support strategic initiatives, operational improvements, and project work as required.
- Assist wider team with coverage across all products, including L/C document checking.
- Carry out compliance checks and apply relevant controls to mitigate operational risks.
Qualifications, Skills & Experience
- Extensive Trade Finance expertise across Import/Export LCs, Guarantees, Collections, Discounting, Forfaiting, Confirmations, and Risk Participation.
- Strong background in Commodity Trade Finance.
- Comprehensive knowledge of UCP 600, ISP98, URDG 758, URC 522 and other ICC rules.
- Understanding of AML frameworks and the UK Proceeds of Crime Act.
- Awareness of UK and OFAC sanctions, including experience performing Restricted Counterparty and IMB checks.
- Proficiency with Microsoft Office and SWIFT Alliance.
- Excellent communication skills with the ability to convey technical information clearly at all levels.
- Strong organisational, analytical, and numerical capability.
Trade Finance - Hays in London employer: Hays
Hays is an exceptional employer that values expertise and fosters a collaborative work culture, particularly in the dynamic field of Trade Finance. With a commitment to employee growth, Hays offers extensive training opportunities and encourages cross-training within teams, ensuring that every employee can thrive in a fast-paced environment. Located in a vibrant city, Hays provides a supportive atmosphere where employees can engage with diverse stakeholders while contributing to strategic initiatives and operational improvements.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Finance - Hays in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the trade finance sector and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss UCP 600, ISP98, and other key regulations. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Practice your communication skills! Being able to convey complex trade finance concepts clearly is crucial. Try explaining these topics to a friend or family member to get comfortable with your delivery.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Trade Finance - Hays in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trade Finance role. Highlight your extensive technical trade finance knowledge and any relevant experience you have with Import/Export LCs, Guarantees, and other key areas mentioned in the job description.
Showcase Your Skills:In your cover letter, emphasise your strong organisational, analytical, and numerical skills. We want to see how you can support a fast-paced operations environment and meet SLAs effectively.
Be Clear and Concise:When writing your application, keep it clear and concise. Use straightforward language to convey your technical expertise and ensure that your communication skills shine through.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Hays
✨Know Your Trade Finance Inside Out
Make sure you brush up on your technical trade finance knowledge before the interview. Familiarise yourself with key concepts like Import/Export LCs, Guarantees, and the relevant ICC rules. Being able to discuss these confidently will show that you're not just a candidate, but a knowledgeable expert.
✨Demonstrate Your Problem-Solving Skills
Prepare examples of how you've identified and resolved errors in past roles. Think about specific situations where you escalated issues effectively or improved workflow efficiency. This will highlight your analytical skills and ability to work under pressure, which are crucial for this role.
✨Showcase Your Communication Skills
Since effective communication is key in this position, practice articulating complex trade finance concepts clearly. You might want to prepare a few scenarios where you successfully communicated with stakeholders or cross-trained colleagues, as this will demonstrate your ability to convey technical information at all levels.
✨Be Ready for Compliance Questions
Given the importance of compliance in trade finance, be prepared to discuss your understanding of AML frameworks and sanctions. Brush up on the UK Proceeds of Crime Act and any relevant compliance checks you've performed. This will show that you take operational risks seriously and understand the regulatory landscape.
