Job Description

KOTRA London provides recruitment services to companies based in the UK and South Korea. As part of its services, we place job advertisements on behalf of our clients, review applications, and provide application details to our clients.

Our client

Korea Development Bank, London Branch

is recruiting a

Trade Finance Officer

to join their business in the UK.

KDB London is the European hub for the KDB Global Network offering diverse financial services in the areas of corporate finance, trade finance, derivatives, securities investment and treasury.

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?? / Occupational category

Officer / Trade Finance

???? / Personnel

1

?? / Foreign language skills

- English: Able to communicate in all situations

- Korean: language proficiency at the native level

?? / Main work (100 characters or more)

MAIN FUNCTION OF JOB

To process and administrate all Reimbursement Authorisations and Trade Finance transactions.

KEY TASKS

Check and process all Reimbursement Authorisations received from the Issuing Bank (KDB Head Office and Branches) and adjustment thereto.

Check all Reimbursement Requests received from Negotiation Banks under the Letter of Credit.

Process transactions of all Reimbursement Claims in KINS (KDB Integrated Network System).

Check for Compliance issues, e.g. AML/CFT/CPF and Sanctions, during the transaction process to ensure that the Beneficiary (Exporter) is valid and monitor reimbursement payment transactions.

Keep KINS and all documents filing up to date.

Liaise with other departments of the Branch on funds, payments and any compliance issues.

Liaise with Head Office/Branches on all transactions under Reimbursement Authorisations and assist them with their inquiries.

Keep the Trade Finance Work Manual/Policy under review for amendments.

Prepare regular or ad-hoc reports related to job responsibilities and submit them to relevant departments and Head Office.

Perform all other duties as may be reasonably being requested by the Head of Corporate Banking.

REQUIED SKILLS AND COMPETENCIES

Fluent in both Korean and English

Strong written and verbal communication abilities

Ability to collaborate with internal stakeholders across different cultural and professional backgrounds

Proficient in MS Office applications

Excellent analytical and problem-solving skills

High attention to details

Excellent time management and organizational skills

The tasks listed in this job description are not exhaustive. Additional duties may be assigned by the manager and adjusted in line with organizational needs. The employee may also be assigned or transferred to different functions within the branch, depending on business needs.

?? ?? / Other working conditions

Work type: in person (no remote/hybrid work arrangements available)

???? / VISA

Valid Right to work in the UK (required)

???? / Annual Salary

Correction after interview

???? / Recruitment

Full-time / Permanent / 6-month probation

???? / Working hours

7 hours / 5 days

????? / Schedule

8:30 AM- 4:30PM, Mon-Fri (1 hour Lunch break)

?? / Holiday

23 working days in the first full holiday year (+ UK Bank Holidays)

Please note company's holiday year runs from 1st Jan to 31st Dec
?? ?? / Insurance

Group Life Assurance

Group Income Protection

Upon successful completion of probation period: Private health and dental insurance

?? ? ??? ????

/ Accommodation and air fare

Not applicable

???? / Recruitment period

Rolling basis (applications are reviewed on a rolling basis)

????? / Recruitment due date

ASAP

???? / How to proceed

Document review (Written review of submitted documents)

Introductory Screening call

? Interview candidates will be notified individually only to those who pass the document screening

First Interview (comprehensive evaluation of skills required for job performance through interview and language evaluation)

Second Interview

Screening

Job Type: Full-time

Language:

English (required) Korean (preferred)
Work authorisation:

United Kingdom (required)
Work Location: In person