Job title: Trade Finance Project Analyst
Location: 3 days per week office Based in London.
Expected duration: Until end of March 2025
Budget: £290.00 per day (inclusive of holidays, 33 days)
Profile Summary
Understanding of Trade Finance transactions in Operations providing support to the business lines. Multi-task to enable workflows to run smoothly ensuring adherence to all procedures and controls.
This role has a heavy focus to have extensive technical Trade Finance knowledge and experience, excellent communication skills, attention to detail/accuracy whilst applying HO Procedures, local procedures, key controls and governing rules. The role will require a need for project work and collaboration with Project Managers and Business Analysts as well as the SMEs in Trade Finance.
Duties and Responsibilities
- Analysis of all transactions across the different entities supported.
- Full understanding of the internal reporting requirements and how they are met.
- Risk mitigation - KRI reporting, operational error resolution and compliance screening.
- Proactive learning to fully understand the mechanics of Trade Finance, procedure and system requirements.
- Correct use of systems and processing tools.
- Adherence to Head Office and Internal Operating procedures to produce accurate work thereby retaining professional image of the Bank and maintain high customer service levels.
- Support initiatives, strategic planning and projects
- Creation of workflow and written procedures.
- Merger project - Work with the project manager to ensure a smooth transition to Day 1.
Qualifications, Skills and Experience
- Deep understanding of all Trade Finance products, Import and Export LCs, Guarantees, Collections, Discounting, Forfaiting, Confirmations, Risk Participations.
- Sufficient knowledge of UCP 600, ISP98, URDG 758, URC 522 and other relevant ICC publications
- Knowledge on Money Laundering procedures and UK Proceeds of Crime Act
- Awareness of UK and OFAC sanction policies & experience with Restricted Counterparty Checks.
- High level experience with Microsoft Office Manager Products
- Basic knowledge of SWIFT Alliance (MT202, MT103, all MT4 series, all MT7 series)
- Interpersonal skills. Excellent verbal and written communication skills - Ability to deliver clear communication to staff at all levels.
- Excellent organisational and time management skills
- Critical thinking to evaluate the options and make informed business decisions
- Problem solving. Be adaptable to change and unexpected developments.
- Excellent reporting and documentation skills to ensure everyone is kept informed in a concise manner.
- Sound knowledge of the Banking industry.
- Strong numerical and analytical skills
- Collaborative nature to contribute to a successful performance.
- Project governance
- EMEA Hub experience
Randstad Business Support is acting as an Employment Business in relation to this vacancy.