Job Title: Trade Services Officer (Guarantees)

Location: Central London

Salary: £50,000 per annum + Benefits

Job Type: Full Time, Permanent, Hybrid Working Model

Key Responsibilities

• Guarantees Lifecycle Management: Oversee the full guarantee process, including issuance, amendments, and claims. Qualify and probe experience across each stage to ensure smooth operations.
• Customer Instructions and Compliance: Implement customer and bank instructions for all guarantee transactions accurately and efficiently, meeting agreed SLAs and regulatory requirements.
• Error-Free Execution: Ensure a zero-error standard in guarantee issuance and amendments, maintaining high levels of accuracy and quality control.
• Reporting and Documentation: Maintain comprehensive records and documentation for all guarantees, assisting with audits and compliance reporting as required.
• Risk and Compliance: Act as the first line of defence against financial crime, identifying and escalating risks, conducting due diligence, and complying with AML and regulatory standards.

Additional Qualifications

• Analytical Mindset: Approach tasks with critical thinking, focusing on the underlying reasoning for each stage in the guarantee process.
• Attention to Detail: Ensure high standards of accuracy and thoroughness in processing and monitoring transactions.
• Proactive Improvement: Identify and implement opportunities to streamline processes and improve operational efficiency.

Screening Criteria

• Proven experience in guarantee services or trade finance.
• Demonstrable knowledge of regulatory standards and risk mitigation.
• Strong analytical skills with a proactive approach to risk management.

Additional Value Add

• Familiarity with international trade regulations and compliance frameworks.
• Previous experience with due diligence, financial crime prevention, and anti-money laundering (AML) protocols.