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Guarantees and Standby Letter of Credit Officer

Bromley, , United Kingdom

Job Description:

Job Title: Guarantees and Standby Letter of Credit Officer

LOB: Trade Finance

Corporate Title: Officer

Location: Bromley

Here in our Bromley office, an opportunity has become available in the Trade Finance business. The successful individual will perform a variety of technical and analytical functions related to Guarantees and SBLC’s processing. This role will be supporting a growing business, in a friendly, multilingual, versatile team. There is opportunity to grow and develop, cross-training on other European branches supported from the Shared Service Centre and wider exposure to Trade Finance products.
 

The guarantees team currently consists of 8 associates. We are looking for a highly motivated individual with strong knowledge and experience of Guarantees and Standby LCs (SBLCs), who can work within the team performing a variety of technical and analytical functions relating to Guarantee and Standbys i.e.

  • Wording reviews

  • Issuances

  • Amendments

  • Closures

Other responsibilities include:

  • Monthly Management and Client reporting to ensure we are delivering the appropriate service to current Bank and Departmental standards

  • Researching, analysing and timely handling of client enquiries which may require specialized, sensitive and/or exception handling

This is a client facing role with contact mainly via e-mail and over the phone.

Core Skills:

  • Working knowledge and experience of processing Guarantees and SBLCs, including related rules - UCP600 and ISP98, URDG758

  • Must have European languages - German, Spanish or Italian - Fluent written and verbal

  • Ability to accurately handle administrative tasks

  • Prior experience in a client facing position

  • Understanding basic accounting norms and rules

       •     Good communication and time management skills.
       •     Microsoft Office knowledge

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H6

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title: Guarantees and Standby Letter of Credit Officer

LOB: Trade Finance

Corporate Title: Officer

Location: Bromley

Here in our Bromley office, an opportunity has become available in the Trade Finance business. The successful individual will perform a variety of technical and analytical functions related to Guarantees and SBLC’s processing. This role will be supporting a growing business, in a friendly, multilingual, versatile team. There is opportunity to grow and develop, cross-training on other European branches supported from the Shared Service Centre and wider exposure to Trade Finance products.
 

The guarantees team currently consists of 8 associates. We are looking for a highly motivated individual with strong knowledge and experience of Guarantees and Standby LCs (SBLCs), who can work within the team performing a variety of technical and analytical functions relating to Guarantee and Standbys i.e.

  • Wording reviews

  • Issuances

  • Amendments

  • Closures

Other responsibilities include:

  • Monthly Management and Client reporting to ensure we are delivering the appropriate service to current Bank and Departmental standards

  • Researching, analysing and timely handling of client enquiries which may require specialized, sensitive and/or exception handling

This is a client facing role with contact mainly via e-mail and over the phone.

Core Skills:

  • Working knowledge and experience of processing Guarantees and SBLCs, including related rules - UCP600 and ISP98, URDG758

  • Must have European languages - German, Spanish or Italian - Fluent written and verbal

  • Ability to accurately handle administrative tasks

  • Prior experience in a client facing position

  • Understanding basic accounting norms and rules

       •     Good communication and time management skills.
       •     Microsoft Office knowledge

Bank of America

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-21055222

Band: H6

Manages People:

Manager:

Talent Acquisition Contact:

Josh Littlemore

Referral Bonus:

0

Street Address

Primary Location:
26 ELMFIELD RD, Bromley, BR1 1LR