Trade Finance Operations Specialist
4 weeks ago
As a Trade Finance Operations Specialist at Société Générale Assurances, you will be responsible for handling Letter of Credit (LC) transactions and collections, as well as Guarantee Issuances and Amendments. Your tasks will include scrutiny and review of LC transactions, imports and export collections, and transfers of LC and Confirmations. You will also be responsible for processing transactions with high priority related to compliance and sanctions issues, as well as handling all types of SWIFT Messages.
Main Responsibilities:
1. Handling LC transactions and collections:
- Scrutiny and review of LC transactions like Advising, Issuance, Amendments, and Negotiations & Settlements.
- Imports and export collections transactions.
- Transfers LC, Confirmations, Financing - LC Forfaiting, LC discounting, Trust Receipt Loans, FX Loan (Booking and settlement of foreign currency Loan related to L/C & D/C financing).
- Process all transactions with high priority related to compliance and sanctions issues.
2. Guarantee Issuances and Amendments:
- Guarantee Issuances, Amendments, Advising, Claims, Book off and Commission collections.
3. Daily workflow and escalation:
- Complete the workflow on a daily basis and escalate pending transactions to Senior Analyst/Lead with updated reasons.
4. SLA's and technical queries:
- Process transactions within the SLA's as required by the Client.
- Raise technical queries, discrepancies to Senior Analyst/Lead and process as per his/her instructions.
5. Operational procedures and special practices:
- Update operational procedures and special practices and share with Senior Analyst/Lead.
- Help Senior Analyst/Lead in maintaining the standard operating procedure on a regular basis.
6. Backup and training:
- Be a backup for the Senior Analyst/Lead.
- Attend training programs and have an urge to learn other products in Trade finance.
Profile required:
Technical / Functional skills:
- At least 1-2 years of experience and basic knowledge in Trade Finance Operations is preferable.
- Good knowledge of office automation tools (advanced in Excel (Pivot table), medium in Power point).
- Basic Knowledge in UCP, URR, ISBP and URC (Latest version) is preferred.
- Basic Knowledge in Compliance regulations (Anti-boycott languages, Anti-Money laundering, and OFAC - Office of the Foreign Asset Control) is preferred.
- French skills (Read, Write and Speak) is a must.
Behavioral competencies:
- Willing to work with various shifts (especially in Europe timing).
- Excellent written and oral communication skills.
- Analytical skills and process oriented.
- Ability to work under pressure and work as part of the team.
Why join us:
We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
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