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Senior Associate - Trade Finance

LJ Recruitment
Posted 7 hours ago, valid for 21 days
Location

London, Greater London EC3V 3LA, England

Salary

£27,500 per annum

Contract type

Full Time

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Sonic Summary

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  • The position of Senior Associate - Trade is available in Central London with a salary of £27,500 per annum.
  • This role requires prior experience in trade finance, specifically in processing Letters of Credit, collections, and reimbursement claims.
  • Key responsibilities include processing trade transactions, ensuring compliance with international guidelines, and maintaining accurate records.
  • Candidates should possess strong knowledge of UCP 500/600, URC 522, URR 725, and be proficient in using Ti Plus and SWIFT platforms.
  • This is a permanent, full-time role within a supportive team, offering exposure to a variety of international trade finance operations.
Job Title: Senior Associate - Trade

Location: Central London
Salary: 27,500 per annum
Contract Type: Permanent, Full-Time



About the Role

We are seeking a detail-oriented and motivated Senior Associate - Trade to join our Wholesale Division in Central London. This is a permanent opportunity offering excellent exposure to international trade finance operations, including Letters of Credit (LCs), buyer's and supplier's credit, reimbursement claims, and collections.

As part of the Trade team, you will be responsible for processing trade transactions in accordance with international guidelines, while ensuring a high level of accuracy, compliance, and efficiency.



Key Responsibilities

Trade Operations:

  • Processing and advising Letters of Credit (LCs), including amendments and document checking

  • Handling Buyer's Credit, Supplier's Credit, Secondary Market transactions, and direct payments

  • Processing reimbursement claims, inward and outward collections in line with UCP 600, URC 522, ISBP 98, and URR 725

  • Ensuring proper due diligence on applicants, beneficiaries, and trade transactions using tools like WorldCheck, Companies House, and internet searches

  • Maintaining accurate records and registers, including Ti Plus entries and daily reports

  • Handling customer queries related to trade transactions

  • Supporting end-of-month reporting and general administrative tasks

Compliance & Controls:

  • Adhering to all regulatory and internal compliance guidelines for trade finance

  • Performing due diligence on commodities, geographies, and counterparties involved in each transaction

  • Ensuring swift message processing and prompt document dispatches

  • Closing and archiving expired LC files with complete documentation



Key Requirements

  • Prior experience in trade finance, including LC processing, collections, and reimbursement claims

  • Strong working knowledge of UCP 500/600, URC 522, URR 725, and Incoterms

  • Proficient in using Ti Plus and SWIFT platforms for trade operations

  • Excellent attention to detail and ability to manage high volumes of transactions accurately

  • Effective communicator with strong interpersonal and team collaboration skills

  • Self-reliant, adaptable, and dependable under pressure



Desirable Attributes

  • Proactive and organised with strong time management skills

  • Capable of presenting a professional and courteous image in all internal and external interactions

  • Willingness to support ad-hoc tasks as assigned by the Head of Trade or Assistant Manager



Why Join Us?

  • Work at the heart of global trade finance in Central London

  • Be part of a supportive team in a stable, professional environment

  • Gain deep exposure to a broad range of international trade transactions

  • Competitive starting salary of 27,500 per annum

Ready to bring your trade finance experience to a dynamic and trusted financial institution? Apply today.

Apply now in a few quick clicks

By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.