Trade Finance Officer

About Us

Zenith Bank (UK) Limited (ZBUK)

is a subsidiary of Zenith Bank PLC. The bank provides intermediary banking services to support trade-related working capital and capital expenditure between Nigeria and Europe. Zenith Bank is committed to a work environment that enables effective performance and well-being, balancing work and personal life to support personal development and career success. The bank’s strategy aims for controlled growth with the goal of becoming the bank of choice for businesses transacting in the African continent.Responsibilities

Issuance and checking of letters of credit and guaranteesProcessing of payments under confirmed or unconfirmed letters of creditCoordinate with other corresponding banks to resolve issuesEstablish RMA keys in coordination with other banksKnowledge of loan booking and loan administrationProcessing of clean reimbursementsReconciliation of LC cash collateral accounts and suspense accountsProcessing of bills for collection payments and sending advices to clientsReview and investigate Nostro reconciliations to clear outstanding itemsAdvising debit advices to clients after paymentsKnowledge of letters of credit and LC amendmentsAdvising on letters of credit with confidenceKnowledge of document checkingHandling payments queries and investigations from clients and correspondent banksEnsuring compliance with the Bank’s Anti-Money Laundering proceduresAuthorising paymentsProcessing and/or authorising LC refinancesOther responsibilities as assignedSkills and Knowledge Required

Excellent verbal and written communication skillsProficiency in Excel and MS WordGood time managementTeam playerSWIFT knowledgeKnowledge of UCP600Accuracy and efficiencyAnalytical and problem-solving skillsSound knowledge of letters of creditCDCS qualification is an added advantageThis is a 12-month fixed-term contract paying up to £55,000 based on experience.Seniority level

Mid-Senior levelEmployment type

Full-timeJob function

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