Senior Officer - Trade Settlement

Operations Services department provides processing support for the front line business units handling trade finance, loan and cash management products. Operations Services department provides processing support for the front line business units handling trade finance, loan and cash management products. The department also includes the Business Risk & Controls, Financial Crime Operations, and Facilities Management. As a Senior Officer - Trade Settlement, you will be responsible for administering the delivery of all functions within the team, primarily processing import letters of credit's, standby letters of credit and bank guarantees. This is a full time permanent position.

Key responsibilities

• Process of daily tasks which include letters of credit, documentary collections and guarantees, both import and export and financing including negotiations, discounts, loans, risk sale and purchase
• Perform four eye checks / six eye checks on work processed by other colleagues
• Assist in handling ancillary tasks including such as post, courier, filing, SWIFT messages, archiving, and other daily processes
• Assist with customer queries responding within Service-Level Agreements (SLAs)
• Provide information for monthly, quarterly and half-yearly statistics for the department and Head Office
• Process transactions within timeframes and comply with rules and regulations
• Provide support and advice to customers in relation to trade services products and assist local, overseas branches and other banks with any queries when required

Requirements

• Degree educated in Business, Finance, Accounting or Economics
• Proven track record in similar business stream
• Relevant experience within the Financial Services industry
• Professional qualification in Financial Services is advantageous
• Good working knowledge of Trade Finance products
• A good understanding of Financial Crime and Anti-Money Laundering prevention
• A good understanding of international sanctions
• Excellent numeracy skills
• Commercial awareness
• Team player who is also able to work independently
• Excellent communication skills