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 55000 - 65000 € 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.
- Review all transaction monitoring in line with the bank policy to confirm/clear suggested matches and escalate 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.
- Adopt a zero tolerance for processing errors and ensure that all errors are identified and addressed the 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.
Location: West End of London / 5 days per week in office
Trade Finance Officer (Senior) employer: Rev & Regs
Join a dynamic and well-established bank in the heart of the West End of London, where you will thrive in a supportive work culture that values collaboration and professional growth. As a Trade Finance Officer (Senior), you will benefit from comprehensive training opportunities, a commitment to compliance excellence, and a zero-tolerance approach to errors, ensuring your contributions are recognised and rewarded. Experience the unique advantage of working in a vibrant location that fosters both personal and professional development within the financial services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Finance Officer (Senior)
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector, especially those who know about trade operations. A friendly chat can lead to insider info on job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UCP 600 and other relevant regulations. We recommend creating a cheat sheet with key points to discuss, so you can impress the interviewers with your expertise.
✨Tip Number 3
Showcase your analytical skills during interviews! Bring examples of how you've tackled complex trade transactions or resolved compliance issues in the past. This will demonstrate your ability to handle the pressures of the role.
✨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 and engaged with our platform.
We think you need these skills to ace Trade Finance Officer (Senior)
Some tips for your application 🫡
Know Your Stuff:Make sure you’ve got a solid understanding of the key regulations and frameworks mentioned in the job description, like UCP 600 and URC 522. We want to see that you’re not just ticking boxes but genuinely know your trade finance inside out!
Tailor Your Application:Don’t just send a generic CV and cover letter. We love it when applicants tailor their documents to highlight relevant experience and skills that match the role. Show us how your background aligns with what we’re looking for!
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured responses that get straight to the heart of your experience and qualifications. Avoid fluff – we want to know what makes you the right fit!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Rev & Regs
✨Know Your Trade Finance Inside Out
Make sure you brush up on your knowledge of UCP 600, URC 522, and other relevant ICC publications. Being able to discuss these in detail will show that you're not just familiar with the terms but can apply them practically.
✨Demonstrate Your Analytical Skills
Prepare examples from your past experience where you've successfully handled trade operations or resolved complex issues. This will help illustrate your strong analytical skills and how you can contribute to the team.
✨Showcase Your Compliance Awareness
Be ready to discuss your understanding of Trade AML and Due Diligence. Highlight any previous experiences where you ensured compliance with regulations, as this is crucial for the role.
✨Stay Calm Under Pressure
Since the role requires multitasking and maintaining poise under pressure, think of scenarios where you've managed tight deadlines or high-stress situations effectively. Sharing these stories will demonstrate your ability to thrive in a fast-paced environment.
