at ING Bank
OtherPosted 5 days ago
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**Trade Finance Junior Specialist** with **Trade Finance**, ** letter of credit**, and **bank guarantees** expertise sought. **Handle** end-to-end processes, **document checking**, **compliance screening**, and **credit line verification**. **Experienced** in **IFS/IRM** systems, familiar with **Trade Finance products**, and **bilingual** a plus. **Join** Wholesale Banking Operations team.
- Compensation
- Not specified
- City
- Milan
- Country
- Italy
Currency: Not specified
Full Job Description
The candidate will join the Wholesale Banking Operations team and will be responsible for all the activities related to the delivery of letter of credit and bank guarantees (bid, performance, etc) for Trade Finance products as well as a backup of WB Operations activities.
Key responsabilities
- Receipt, advising and amendment of export documentary credits and input in the system
- Handling of bank credit lines for confirmed letter of credit
- Handling the end-to-end process (i.e. Check of documents, contact with customer for discrepancy and negotiation, performing comply checks, etc.)
- Issuing and amendment of import letter of credit and input in the system
- Issuing and amendments/renewals of domestic and cross-border guarantees (drafting, credit line -verification, contact with customer, handling commissions)
- Verification of credit line availability
- Collecting import/export bills
- Issuing and amendments/renewals of domestic and cross-border guarantees (drafting, credit line -verification, contact with customer, handling commissions)
- Screening and checks for compliance purposes and related reports
- booking into IFS/IRM
- Reconciliation support
- Support in transparency document (DDS) generations, TFS related
- Back up for WB Ops activities (approvals in IFS booking system)
