Trade Finance Analyst

London, South East England

Trade Finance Analyst – Part Time 3 Days per week – Banking – £45,000 pro-rata -London

My client a world leading financial group is seeking a part time Trade Finance Analyst to join their London based team working 3 days per week. The responsibilities in this role is for the accurate, error free and timely processing of letters of credit, collections and other such trade finance products.

Duties Include:
• Processing of all life cycle events of letters of credit (import and export – issue, advise amend, acceptance, discount, payment, checking documents)
• Processing of all life cycle events of collections (import/export, clean/documentary, remit, present, acceptance, payment).
• Processing of all life cycle events of various financing products such as; trade based loans, promissory notes discounts, invoice discounting, letter of credit discounting, supply chain finance.
• Adhere to governing rules, UCP, URC, ISP98, HOP, procedures and all relevant controls.
• Develop and improve effective working relationships with all trade stakeholders.
• Ensure compliance with all Bank and Regulatory requirements in order to mitigate financial and compliance risks.

Experience Required:
• Experience in working in a trade finance operations environment including checking shipping documents against UCP600, the LC itself and ISBP.
• Thorough understanding of all trade finance products, import and export LCs, collections and financing.
• Knowledge of UCP600 and other relevant ICC publications
• Knowledge of money laundering controls relevant to trade finance.
• Understanding of formatting Swift message