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Trade Support & Bank Guarantees Officer

Job Title: Trade Support & Bank Guarantees Officer
Contract Type: Permanent
Location: Sydney
Reference: 3108073
Contact Email:
Job Published: February 24, 2020 18:01

Job Description

A global company who are going from strength to strength are looking to hire a Guarantees and Trade Finance Officer to work within their Operations team on a permanent basis. This is a great role for a Banking candidate with relevant Guarantee and Finance processing experience who is looking to take a step into a global banking environment. 

Being part of a great team, you will be supporting Trade Finance and have heavy engagement with Relationship and Product Managers, Legal team and both internal and external stakeholders/clients. 

Key responsibilities will include:
  • Undertake responsibility for reviewing, drafting, and execution all types of Bank Guarantees/Standby Letters of Credit, ensure potential risks concerning the wording are raised, either accepted by Legal/Business or mitigated by revision, making sure all ambiguities and contradictions are addressed.
  • Minimize operational failure/incident by performing stringent control checks on non-standard or unusual issuance requests. Ensure all Trade instruments including Documentary Letters of Credit, Guarantees, International Trade Guarantees, Standby Letters of Credit are issued in accordance with Group policies, UCP Rules, Checklists and SOPs.
  • Handle Letters of Credit/Collection transactions including LC issuance, Advising, Confirmation, Amendment, document checking, Bill discounting, negotiating documents under LCs, payments, Reimbursement claims and reconciliations.
  • Prepare detailed instructions for Back office team to process Trade & Supply Chain Finance transactions. Investigate and escalate issues to system support team as/when necessary in a timely manner
Having excellent communication skills, you will be interacting with clients and staff alike and be able to articulate information well whilst providing concise feedback. 

If you have suitable experience for this role and you are keen on learning more abut the opportunity then please hit APPLY NOW to be considered. 

Lauren Johnson