about the company.
Our client is a leading foreign bank seeking a highly skilled and motivated LC Officer to join our team. As an LC Officer, you will play a crucial role in facilitating trade finance operations and ensuring compliance with international regulations and bank policies. If you have a strong background in letter of credit processing and a passion for delivering exceptional customer service, we invite you to apply for this exciting opportunity.
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about the job.
- Process and review import and export letters of credit (LCs) in accordance with UCP 600 rules, international trade laws, and internal policies.
- Conduct thorough analysis and verification of trade documents, including shipping documents, invoices, and insurance policies, to ensure compliance and mitigate risks.
- Collaborate closely with internal stakeholders, such as Relationship Managers, Trade Finance Operations, and Compliance teams, to ensure smooth transaction processing and timely resolution of issues.
- Communicate effectively with clients, responding to inquiries and providing guidance on LC requirements, document discrepancies, and related trade finance matters.
- Monitor and track LC transactions, ensuring accurate and timely updates in the bank's systems and databases.
- Stay updated on the latest industry trends, regulatory changes, and best practices related to LC operations and trade finance.
- Assist in the preparation of reports, metrics, and documentation for management and regulatory purposes.
- Contribute to process improvement initiatives, streamlining work flows, and enhancing operational efficiency.
skills & experiences required.
- Diploma or related disciplines.
- Solid experience as an LC Officer or in a similar trade finance role within a foreign bank or financial institution.
- Strong knowledge of UCP 600 rules, ICC regulations, and international trade practices.
- Familiarity with trade finance products, including import and export LCs, standby LCs, and related banking instruments.
- Proficiency in using trade finance systems and platforms.
- Excellent analytical skills with a keen eye for detail and the ability to spot document discrepancies.
- Effective communication and interpersonal skills, with the ability to collaborate with internal and external stakeholders.
- Strong customer service orientation and the ability to build and maintain relationships with clients.
- Sound understanding of risk management principles and the ability to identify and mitigate trade finance risks.
- Proactive, adaptable, and able to work under pressure in a fast-paced environment.
To apply online, please click on the link. Alternatively, for a confidential discussion please contact Coco Ng on + 852 6298 1083 or email: coco.ng@randstad.com.hk
