Senior Trade Finance Analyst

Our client is an established trader of Commodity and Energy products based in Central London. They offer a unique chance to work within a continuously growing and diversifying business, with a strong commercial appetite.

Reporting to the Trade Finance Assistant Team Manager, we are looking for an experienced Trade Finance Analyst with a related background, and strong knowledge of UCP 600/ ISBP 2013 EDITION/ISP 98/ICC 522, to join a talented team of Trade Finance professionals.

RESPONSIBILITIES WILL INCLUDE:

• Liaise and coordinate with various parties to resolve all LC matters
• Negotiate LC format, terms and conditions with counterparties
• Verifying LC terms against UCP/ISP to ensure all workability issues are cleared.
• Arranging full range of trade finance documentation (Trade loans / Discounting / Re-financing) and processing.
• Maintain banking relationships; negotiate competitive bank facilities documentation, terms and rates for the company.
• Arranging issuance of bank guarantees, bid and performance bonds in support of purchase and sales trading activities.
• Preparation of invoices and other documentation for payments / discounts.
• Processing of the cargo and other payments.
• Help to set up of new finance structures and negotiate various new financing with internal/ external counterparties.
• Recommend, implement and maintain trade finance policy and process including Power and Gas Trade Finance activities.
• Support all other treasury activities.

EDUCATION, SKILLS, EXPERIENCE AND COMPETENCIES REQUIRED:

• Degree in Shipping, Trade Finance/Banking/Commercial/Treasury or equivalent.
• CDCS certification will be an advantage.
• Proven relevant trade finance experience within a Trading Company or Financial institution.
• Strong knowledge of UCP 600/ ISBP 2013 EDITION/ISP 98/ICC 522.
• Knowledge of Trade Finance products, mechanisms and risks.
• Detailed knowledge on Trade processing and operations
• A comprehensive understanding of the regulatory frameworks and compliance requirements associated with financial services and experience of working within these scopes
• Knowledge of European banking process and procedures desirable