ING

trade finance junior specialist

ING  •  Milan, IT (Onsite)  •  3 hours ago
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Job Description

The candidate will join the Wholesale Banking Operations team and will be responsible for all the activities related to the delivery of letter of credit and bank guarantees (bid, performance, etc) for Trade Finance products as well as a backup of WB Operations activities.

Key responsabilities


- Receipt, advising and amendment of export documentary credits and input in the system

- Handling of bank credit lines for confirmed letter of credit
- Handling the end-to-end process (i.e. Check of documents, contact with customer for discrepancy and negotiation, performing comply checks, etc.)
- Issuing and amendment of import letter of credit and input in the system

- Issuing and amendments/renewals of domestic and cross-border guarantees (drafting, credit line -verification, contact with customer, handling commissions)
- Verification of credit line availability
- Collecting import/export bills
- Issuing and amendments/renewals of domestic and cross-border guarantees (drafting, credit line -verification, contact with customer, handling commissions)
- Screening and checks for compliance purposes and related reports

- booking into IFS/IRM

- Reconciliation support

- Support in transparency document (DDS) generations, TFS related

- Back up for WB Ops activities (approvals in IFS booking system)

ING

About ING

ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Amsterdam, NL
Year Founded
Unknown
Website
ing.com
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