Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Process and check trade finance documents, ensuring compliance and accuracy.
- Company: Join a leading financial institution with a focus on trade finance.
- Benefits: Competitive salary, career development opportunities, and a supportive work environment.
- Why this job: Be part of a dynamic team shaping the future of global trade finance.
- Qualifications: Degree in Business or Finance; CDCS qualification preferred.
- Other info: Opportunity to enhance your skills in a fast-paced, evolving industry.
We are inviting applications for a Trade Finance Officer strong in documentation checking and for settlements documents and CDCS qualified. The role is within the Trade Finance Department and may be interchangeably responsible for processing, initiation, document checking or the settlement stage of trade finance operations products. The role will be processing Letters of Credit (Back to Back, transferrable etc.); IRUs; amendments; assignment of proceeds; LC settlements; discounts; acceptances; documents on approval; collections; IRU claims; Guarantees; SBLC; loan tickets; file maintenance.
Processing all transactions are in accordance with FBNUK Trade Finance, i-flex and SWIFT procedures; relevant ICC (UCP 600) (ISBP) (URC) (URR)(ISP) (URDG) INCOTERMS.
Primary Responsibilities of Role:
- The job holder will be processing trade finance operations transactions within the required service level agreements (SLAs) and to the required standards.
- INITIATION
- Review instructions received to ensure they are valid, workable, and meet ICC and FBNUK guidelines and procedures.
- Carrying out Trade Finance Compliance and due diligence checks and reference made to Red Flags, in accordance with procedures.
- Processing transactions timely and accurately and within agreed SLAs.
- Liaising with Issuing banks, beneficiaries, correspondents, business development, treasury, credit, compliance on transactions.
- Initiating all types of LCs (Export /Import / Back to Back).
- Processing Amendments to LCs.
- Processing IRUs, assignment of proceeds.
- Processing Guarantees and Standby LCs.
- Creating MT700, 710, 799, 999 as required.
- Investigate and respond to any enquiries received (internal / external).
- Prepare reports as and when required.
- Close expired / fully utilized LCs and refund any cash cover remaining.
- Create Electronic File at the time of Initiation.
- Scanning of all transactions processed to FBNL.
- Completing EOD Expired LCs keep abreast of developments in Trade Finance including but not limited to ICC rules Money Laundering/Financial Crime when related to Trade Finance Products.
- Register Documents received under LCs.
- Scan documents presented and save to electronic file.
- Carry out Compliance and due diligence checks on parties and Vessel.
- 1st or 2nd Check documents as required against LC terms.
- Liaise with presenter regarding any discrepancies.
- Contact issuing Bank requesting authority to pay and/or send documents on approval diarizing to chase for authority to pay.
- Review instructions received for workability and liaise with customers regarding requirements.
- Handle documents on Collection (inward / Outward).
- Process Payments under Export/Import LCs, IRU claims, Collection Process Acceptance or Deferred payment under Usance LCs diarizing any items for future payments.
- Raise instructions to Loans Agency for LCs being refinanced.
- Close expired / fully utilized LCs and refund of any cash cover remaining.
- Prepare documentation for dispatch by mail and courier.
- Maintain department archive register.
- Maintain Electronic version of file on departmental S drive.
- Investigate and respond to any enquiries received (internal/external).
- Identify and investigate potential red flags taking into consideration Compliance requirements/AML/Sanctions and escalating/obtaining approvals where required.
- Where required, provide support to colleagues across the Trade Finance function.
- Ensure that risks incidents are reported as per policies and procedure to the Operational Risk Function of the Bank.
- Ensure that customer queries and enquiries are handled in accordance with the internal policies and procedures.
- Suggest and implement improvements and enhancements to the current processes, systems, and workflows.
- Contribute to the improvements of internal systems, processes, and procedures.
- Share knowledge and skill with others.
- Keep abreast of the development and advancements in the Trade Finance area.
Professional/Academic Qualifications:
- A degree in Business, Banking, Finance, Economics or a related discipline is preferable.
- CDCS is highly desirable.
Experience/Knowledge:
- Strong analytical reasoning skills.
- Strong attention to detail.
- Strong Trade Finance technical knowledge understanding and interpretation.
Trade Finance Officer _ Documentations in London employer: Quantum Group
Contact Detail:
Quantum Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Finance Officer _ Documentations in London
✨Tip Number 1
Network like a pro! Reach out to people in the trade finance sector on LinkedIn or at industry events. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of ICC rules and trade finance products. We recommend practising common interview questions related to document checking and settlements to show you're ready to hit the ground running.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each one to stand out from the crowd.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. Plus, it keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Trade Finance Officer _ Documentations in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trade Finance Officer role. Highlight your experience with documentation checking and settlements, and don’t forget to mention your CDCS qualification if you have it!
Showcase Relevant Experience: In your cover letter, showcase any relevant experience you have in processing Letters of Credit or handling trade finance operations. We want to see how your skills align with our needs!
Be Clear and Concise: When writing your application, be clear and concise. Use bullet points where possible to make it easy for us to read through your qualifications and experiences.
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 hear from you!
How to prepare for a job interview at Quantum Group
✨Know Your Trade Finance Inside Out
Make sure you brush up on your knowledge of trade finance operations, especially documentation checking and settlements. Familiarise yourself with key terms like Letters of Credit, IRUs, and ICC rules. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, be ready to discuss how you would handle potential red flags and due diligence checks. Think of examples from your past experience where you successfully navigated compliance issues, as this will demonstrate your analytical reasoning skills.
✨Practice Document Review Scenarios
Since the job involves a lot of document checking, it’s a good idea to practice reviewing sample documents against LC terms. You could even create a mock scenario where you identify discrepancies and explain how you would resolve them. This hands-on approach will showcase your attention to detail.
✨Show Your Team Spirit
The role requires liaising with various departments, so be prepared to discuss how you work collaboratively. Share examples of how you've supported colleagues in the past or contributed to team improvements. This will highlight your ability to work well within a team and adapt to different situations.
