About the role
AI summarisedThis role is for an Analyst in Trade Finance Operations within the Institutional Banking Group Operations division of a bank. The position involves processing trade finance transactions, ensuring compliance with regulations, and supporting the operational workflow of trade finance products.
BusinessFull-timeGeneral
Key Responsibilities
- Process trade finance transactions including letters of credit, guarantees, and documentary collections.
- Ensure timely and accurate processing of trade transactions in accordance with bank policies and regulatory requirements.
- Perform trade finance document checking and verification.
- Handle trade finance related inquiries from internal and external stakeholders.
- Support trade finance operations projects and system enhancements.
- Maintain proper records and filing of trade finance documents.
- Identify and escalate operational risks and issues.
- Collaborate with other teams to ensure smooth trade operations.
Requirements
- Degree in Banking, Finance, Business or related field.
- At least 1-2 years of experience in trade finance operations.
- Knowledge of trade finance products and processes.
- Familiarity with UCP600, ISP98, URDG and other trade rules.
- Strong attention to detail and accuracy.
- Good communication and interpersonal skills.
- Ability to work under pressure and meet deadlines.
- Proficient in Microsoft Office applications.
- Knowledge of AML and KYC requirements in trade finance.
- Team player with a positive attitude.