Deputy Head/Senior Trade Finance Operations - London

Placed: 07/12/17
Region: United Kingdom
Category: Jobs


Content of the advertisement:

Job title: Deputy Head/Senior Trade Finance Operations - London
Department: Operations (Bills Services Section)
Reporting to: Head of Bills Services Section
Position: Permanent
Location: City of London
Salary £40,000 - £45,000 + Bonus + Benefits
Start Date: ASAP

Our client:
An International bank head-quartered in the City of London are currently recruiting for several positions including that of Deputy Head/Senior Trade Finance Operations. The main objective of the role is to assist the head of bills services section in carrying out the bills services functions to provide high quality service standard to trade finance customers with a view to contribute towards the business growth and profitability targets of the branch

Accountability:
To work affectively and independently with reasonable supervision from the Head of bills services section

Fully accountable for:
Assisting the Head of bills services section to ensure the timely and efficient processing of trade finance transactions
Maintenance and management of customer relationships to achieve total customer satisfaction via delivery of high quality customer services in order to attract and retain customers and to contribute towards achievement of the branch business growth and profitability targets

Principal duties and responsibilities:
Assist in the development and implementation of strategies, policies and procedures related to documentary credits operations for continuous improvements in efficiency
Monitor compliance with the approved policies, workflow procedures and guidelines and relevant governing rules and regulations pertaining to documentary credits
Check and authorise documentary credits transactions within the delegated signing authority:
- First or counter checking of import/export documents under documentary credits
- Authorize and release SWIFT/TELEX messages via Eximbills system
- Check and sign Bills schedules of Import and Export Bills Processed
- Submit bills referral to branch manager via the operations manager for approval (for limits within branches approving authority)/ for recommendation and submission to head office for limits exceeding branch approving authority
- Approve application for financing bills, L/C, SBLC, LG and bills amendment
- Release Import L/C, bills amendments, freight payments and Import and Export payments via eximbills
- Settlement of advances transactions
- Supervise monthly unreconciled report and adjusting entries
Prepare monthly statistical reports for the management
Supervise, motivate and train staff to ensure smooth functioning of its operations
Undertake other duties as assigned from time to time by head of bills services section and/or operations manager

Additional requirement:
For this particular role the ideal candidate must have invoice factoring experience

Please note:
Due to high volume of responses received for this role we will not be able to contact all applicants directly. If you have not heard from us within two weeks please consider your application unsuccessful

Benefits: Bonus + Benefits

Price / Salary: £40000 - £45000/annum + Bonus + Benefits