MISSION
Within Group BNP Paribas ITO Function, Global Trade Operations, a community of 700* people in the 3 CIB regions & 50 countries, leverage on their integrated and global model to accompany the business strategy being the Global Trade operations Platforms a key enablers of the transformation.
The European Trade Finance Service Center has 115 employees across 16 nationalities in Spain and provides solutions for Domestic and international Guarantees, Syndicated guarantees, Fronting, Green and sustainable linked guarantees and Documentary products (Import and Export) for both, corporations or institutions, in close collaboration with the Global Trade Solutions teams.
RESPONSIBILITIES
- Deal directly with CIB clients ensuring their needs are met and/or exceeded within established agreements.
- Provide assistance/support to clients and corporate groups on technical aspects and practices of commercial LCs and documentary collections.
- Ensure all transactions are properly processed and controlled.
Detailed responsibilities:
- Ensuring client needs are met and/or exceeded, processing client requests on a timely and proactive manner.
- Providing assistance/support to clients and corporate groups on technical aspects and practices of commercial LCs and documentary products.
- Providing support and assistance to Front Office (FO) on technical aspects and practices and in getting deals booked and properly processed.
- Verifying that all approvals are in place (from Credit Risk, Compliance and Legal) in order to proceed with client requests
- Instruct the Centralised Back-Office in India for the processing of commercial LCs and documentary collections.
- In coordination with the Back-Office, ensure that letter of credit transactions are in conformity with client instructions, UCP Publication 600/ISP98, and the Bank’s credit/compliance procedures.
- Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval.
SKILLS
- A good understanding of Documentary products and specific regulation (UCP, ISP, URR, ISBP, URC…)
- Knowledge of general accounting rules, mastering specific accounting rules for documentary products
- Systems and processes: Word/Excel, SWIFT
- English mandatory