Opportunities

Trade Finance and Guarantees Officer – Corporate Banking Operations

Written by Anton Murray Consulting Consulting on .

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Location: Sydney

Salary description: Market Rate

  • $100-150k AUD Equivalent
  • Permanent
  • 3 to 7 years of experience

Due to the growth in our client’s portfolio an exciting opportunity has come about for a Trade Finance and Bank Guarantees Officer to join this leading global corporate bank. Prior experience within bank guarantees and/or corporate loans operations is required to be considered for this role.

Responsibilities:

  • Undertake responsibility for reviewing, drafting, and execution all types of 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.
  • 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.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.

Required:

  • Good understanding of Uniform Rules for Demand Guarantees (URDG758) and how a guarantee should be structured, UCP 600, ISP98
  • Knowledge and understanding of the Australian and global banking regulatory and compliance environments
  • Knowledge of Bank Guarantee documentation and processing requirements
  • Strong numerical reasoning and analytical skills
  • Experience of controls to manage Operational Risks
  • Knowledge of general banking products and basic accounting
  • AML / CTF controls
  • Training on the Bank’s systems will be provided

Contact Us in Sydney

LEVEL 26, 1 BLIGH STREET
SYDNEY NSW 2000

Phone:+61 2 8246 8900

Hiring Staff: hire@antonmurray.com

Seeking Work: apply@antonmurray.com

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