At a Glance
- Tasks: Process trade transactions and ensure compliance with regulations while leading a dynamic team.
- Company: A well-established bank offering diverse banking products and services.
- Benefits: Competitive salary, career growth opportunities, and a vibrant work environment.
- Other info: Located in the West End of London, 5 days a week in the office.
- Why this job: Join a dynamic team and make a real impact in the world of trade finance.
- Qualifications: Minimum 4 years in trade operations with strong analytical skills and compliance knowledge.
The predicted salary is between 56700 - 69300 £ per year.
Rev & Regs are recruiting for a
Trade Finance Officer (Senior) role for a dynamic and well-established bank who offer both retail and wholesale banking products and services to private, corporate and institutional clients.
Responsibilities
- Sound knowledge of UCP 600, URC 522, ISP98, URDG 758, ICC Incoterms 2010 and 2020.
- Understanding of Trade AML and Due Diligence.
- Ability to multi-task and maintain poise under pressure.
- Ensure the expeditious processing of transactions accurately and in line with set service standards, policies, procedures and regulatory requirements.
- Process Trade transactions.
- To review all transaction monitoring in line with the bank policy to confirm/clear suggested matches and escalating any possible matches to the Head of the Department.
- Maintain a current understanding of money laundering, proliferation Financing and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
- Assist with AML Compliance Training.
- Effective supervision of your team to ensure efficiency, strict compliance with controls, capacity management and performance optimisation.
- Ensure awareness and alertness to money laundering risks and adherence to set anti money laundering procedures.
- Strong liaison with the Compliance department, ensuring implementation of compliance policies and procedures and proactively alerting compliance issues.
- Ensure timely identification of point of service failures and the implementation of corrective measures.
- Ensure prompt reconciliation and proofing of all ledger accounts and efficient resolution of long-standing reconciliation items.
- Adopting a zero tolerance for processing errors and ensuring that all errors are identified and addressed same day.
Experience
- Minimum of 4 years’ experience in trade operations.
- Good knowledge of Trade due diligence.
- Experienced back-office professional with strong analytical skills and a proven track record in the financial services industry, preferably a commercial bank.
- Must have excellent understanding of the International Trade operations framework of a financial institution and knowledge of general operational policies.
- Processing and monitoring of trade finance products.
- Thorough knowledge of relevant ICC publications e. g UCP 600, ISBP for Examination of Documents Under Documentary Credit, URR 525, URC 522 and the URDG 758.
- Good experience of SWIFT and relevant message types.
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Trade Finance Officer (Senior) employer: Rev & Regs
Join a leading UK Investment Management business that prioritises employee growth and development in a dynamic and supportive work environment. With a hybrid working model, you will enjoy the flexibility of working from home while also benefiting from collaboration in our City of London office. Our commitment to regulatory compliance and financial crime risk management ensures that you will be part of a team that values integrity and innovation, providing you with meaningful opportunities to make a significant impact in the industry.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Finance Officer (Senior)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Rev & Regs. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trade Finance Officer (Senior)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Rev & Regs.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Rev & Regs's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Rev & Regs
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Rev & Regs.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Rev & Regs will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Rev & Regs employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
