Required
· Good knowledge of all aspects of guarantees/SBLC's and ability to interpret and apply various related rules, regulations and applicable law.
· Fully conversant with all ICC rules, regulations and circulars relative to guarantees
· Ability to prioritize, work under pressure and meet time sensitive deadlines
· Ability to identify and eliminate/reduce risk associated with guarantees/SBLC's
· Strong time management and organizational skills Excellent written and oral communication skills Ability to work effectively both independently and within a team environment
· Excellent attention to detail, judgement, flexibility and dependability.
· Undergraduate Degree
Preferred
· 1-2 yrs. work experience in financial industry
· Certified Documentary Credit Specialist (CDCS)
- ISP Masters
- Upskill 600
· Multi-lingual (English and French)
Job
· To support Global Loan Administration - Trade with the end to end processing of Guarantees/Standby Letters of Credit (SBLC) under bulk, syndicated and bilateral credit facilities in Trade 360 from draft to issuance to payment or cancellation.
· Counsel and advise clients and business independently on transactional issues, risk mitigation, document preparation and international rules and regulations
· Provide structuring and co-ordination including liaising with 3rd parties as required
· Provide draft language for Guarantees/SBLC's in a timeline acceptable to the requester. Responsible for the text of all instruments issued and thereto amended and their issuance in accordance with the applicable rules and standard banking practices Ensure that all transactions processed comply with KYC and AML guidelines, Anti-boycott compliance, OFAC, FinCEN, USA Patriot Act and other sanctions imposed from time to time by various government/regulatory agencies.