Trade Finance Officer

Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2021-59286  

Update date

23/07/2021

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

Trade Finance Officer

Contract type

Permanent Contract

Job summary

Key Responsibilities

 

1)     Issuing, amending Import L/C’s

2)     Advising, amending Export L/C’s

3)     Standby Letters of Credits

4)     First checking of documents over Fifty Thousand Pounds Sterling and deferral of discrepancies.

5)     Sole checking of documents under Fifty Thousand Pounds Sterling and deferral of discrepancies

6)     Negotiation of documents

7)     Preparing of payment

8)     Preparation of Advances, Acceptances, Loans, Deposits and Bridge Finance

9)     Discounts and foreign exchange deals

10)   Inward/Outward collections.

11)   Back-to-Back Letters of Credits with Structured Trade Finance Transaction.

12)   Sending documents “in trust” for Export L/C’s.

13)   Liaison with client’s/Account Managers/Beneficiaries relating to all of the above.

14)   Periodic Invoicing & Sundry Tasks

 

Legal and Regulatory Responsibilities

 

·          Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.

·          Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

 

Key Internal contacts

 

·         Front Office

·         Middle Office / Account Officers

·         Financial Security

·         Nostro Reconciliations & Investigations

·         Issued Guarantees

·         Client Liaison

·         IT

 

Key External contacts

 

·         Clients

·         ELCY Group Ltd (Platform for BP Oil)

Position location

Geographical area

Europe, United Kingdom

City

London

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Essential

Minimum requirement – Educated to GCSE level which is to include passes in at least English and Mathematics or equivalent.

Required skills

Essential

Experience in an International first class bank dealing with all aspects of Trade Finance

 

PC literate.

Good telephone manner

Ability to work under pressure

Ability to organise their workload

Self motivated

Technical skills required

Essential

Good working knowledge of all current ICC Literature in respect of Documentary Credits, Collections, Reimbursements and Standby Letters of Credits

Good working knowledge of SWIFT, Excel, Word

Knowledge of TI+ beneficial