Analyst, Trade Finance
Mitsubishi UFJ Financial Group, City of Westminster
Analyst, Trade Finance
Salary Not Specified
Mitsubishi UFJ Financial Group, City of Westminster
- Full time
- Permanent
- Onsite working
Posted 2 weeks ago, 7 Dec | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: 4d23582f182c469b8b034370e2687286
Full Job Description
The Analyst is responsible for the accurate, error free and timely processing of letters of credit, collections (clean and documentary) and other such trade finance products as required, by application of knowledge of relevant governing rules such as UCP and URC, also adhering to HOP, procedures and controls, thereby delivering high level service to clients. An emphasis is also made that the analyst will support the team with admin tasks such as, but not limited to, receive and dispatch of post, photocopying and scanning of trade documents, accurate completion of end of day controls and checklist completion., MUFG
- Processing of all life cycle events of letters of credit (import and export - issue, advise amend, acceptance, discount, payment, checking documents)
- Processing of all life cycle events of collections (import/export, clean/documentary, remit, present, acceptance, payment).
- Processing of all life cycle events of various financing products such as; trade based loans, promissory notes discounts, invoice discounting, letter of credit discounting, supply chain finance.
- Adhere to governing rules, UCP, URC, ISP98, HOP, procedures and all relevant controls.
- Develop and improve effective working relationships with all trade stakeholders.
- To support training requirements of team members.
- Ensure processing is effected in a team spirit and avoid silo based attitudes where people should think beyond their immediate work space and consider the wider team's pressure points thereby delivering maximum efficiency.
- Retain and promote a customer first attitude. Communicate with clients in a professional and helpful way, embracing the Japanese culture within which you work and the corporate values that underpin our behaviours and attitude to the job at hand and the business we support. Develop and improve client relationships making MUFG the preferred bank to deal with and maximise our wallet share of business. Be flexible and cohesive with the rest of the team to make solutions work and deliver high level service to our clients.
- Ensure compliance with all Bank and Regulatory requirements in order to mitigate financial and compliance risks.
- See opportunities to assist in a selfless approach. Be upbeat, approachable and be part of the drive to a motivated team
- Deliver effective solutions and make suggestions for improvements.
- Perform admin tasks such as, but not limited to, receive and dispatch of post, photocopying and scanning of trade documents, end of day controls and checklist completion.
Minimum 2 years' experience working in a trade finance operations environment including checking shipping documents against UCP600, the LC itself and ISBP., Thorough understanding of all trade finance products, import and export LCs, collections and financing. - Knowledge of UCP600 and other relevant ICC publications
- Knowledge of money laundering controls relevant to trade finance.
- Awareness of UK, Japan and OFAC sanction policies
- Microsoft Office products
- Understanding of formatting Swift messages
- Excellent work flow and time keeping management
- Team building skills Education / Qualifications: Essential
- University degree Preferred:
- CDCS PERSONAL REQUIREMENTS
- Excellent communication skills
- Works effectively with others to achieve team goals
- Freely contributes ideas and expresses opinions to others.
- Has an adaptable and flexible approach to work situations, willing to adjust and change to demands and circumstances.
- Enthusiastic and self-starting, demonstrates strong commitment to the organization, department and the role.
- Results driven, with a strong sense of accountability
- A proactive, motivated approach.
- The ability to operate with urgency and prioritise work accordingly
- Strong decision making skills, the ability to demonstrate sound judgement
- A structured and logical approach to work
- Strong problem solving skills
- A creative and innovative approach to work
- Excellent interpersonal skills
- The ability to manage large workloads and tight deadlines
- Excellent attention to detail and accuracy
- A calm approach, with the ability to perform well in a pressurised environment
- Strong numerical skills
- Excellent Microsoft Office skills We are open to considering flexible working requests in line with organisational requirements.
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. The EMEA Operation Office (EOO) provides efficient and accurate processing, ranging from single-touch, single entry to multi-touch and complex transaction processing. The Trade Finance Services department sits within EOO, providing processing / technical service and support to the Commodity and Structured Trade Finance and Transaction Banking Divisions.
Relevant jobs
- Financial Services / Investment Jobs in Bexley, Bexley
- Financial Services / Investment Jobs in Bexleyheath, Bexley
- Financial Services / Investment Jobs in Bromley, Barnsley
- Financial Services / Investment Jobs in Bromley Common, Bromley
- Financial Services / Investment Jobs in Camden Town, Greater London
- Financial Services / Investment Jobs in City of Westminster
- Financial Services / Investment Jobs in Croydon, Cambridgeshire
- Financial Services / Investment Jobs in Ealing, Ealing
- Financial Services / Investment Jobs in Enfield, Hyndburn
- Financial Services / Investment Jobs in Greenwich, Amber Valley
- Financial Services / Investment Jobs in Hackney
- Financial Services / Investment Jobs in Hammersmith and Fulham, Hammersmith and Fulham
- Financial Services / Investment Jobs in Harrow
- Financial Services / Investment Jobs in Hillingdon, Hillingdon
- Financial Services / Investment Jobs in Hounslow
- Financial Services / Investment Jobs in Islington, Leeds
- Financial Services / Investment Jobs in Kensington and Chelsea, Kensington and Chelsea
- Financial Services / Investment Jobs in Kingston upon Thames
- Financial Services / Investment Jobs in Lambeth, Lambeth
- Financial Services / Investment Jobs in Lewisham
- Financial Services / Investment Jobs in Merton, Oxfordshire
- Financial Services / Investment Jobs in Orpington, Greater London
- Financial Services / Investment Jobs in Richmond upon Thames
- Financial Services / Investment Jobs in Sidcup, Greater London
- Financial Services / Investment Jobs in Southwark
- Financial Services / Investment Jobs in Sutton, Doncaster
- Financial Services / Investment Jobs in Tower Hamlets, Tower Hamlets
- Financial Services / Investment Jobs in Twickenham, Greater London
- Financial Services / Investment Jobs in Wandsworth, Wandsworth
- Financial Services / Investment Jobs in Wimbledon, Greater London