Job Summary

As a Trade Officer, you will play a pivotal role in facilitating international trade transactions and ensuring compliance with relevant regulations and policies. This position requires a meticulous professional who is adept at managing trade documentation, coordinating with multiple stakeholders including clients, banks, and regulatory bodies to enable seamless trade operations. You will be responsible for maintaining accurate records, resolving discrepancies in trade documentation, and providing expert guidance on trade finance products tailored to meet the unique needs of our diverse client base.

Your role will involve continuous collaboration with internal teams and external partners to streamline trade processes, mitigate risks, and enhance operational efficiency. You will also contribute to the development and implementation of process improvements and best practices that support the bank’s commitment to delivering exceptional client service.

This full-time, office-based role offers the opportunity to engage with complex trade finance instruments, expanding your expertise in a dynamic and impactful financial environment. As a Trade Officer, you will be instrumental in helping our clients navigate the complexities of international trade, contributing directly to their growth and success.

Key Responsibilities

• Trade Documentation Management: Ensure accurate preparation, verification, and processing of all trade-related documents, including letters of credit, bank guarantees, bills of lading, and shipping documents, in compliance with international banking standards and regulatory requirements.
• Client Support and Advisory: Provide clear, timely guidance to clients regarding trade finance products, regulatory obligations, and risk mitigation strategies to support their trading activities.
• Regulatory Compliance: Maintain strict adherence to local and international trade regulations, anti-money laundering policies, and sanctions screening to safeguard the integrity of transactions.
• Risk Management: Identify and escalate potential risks or anomalies within trade operations, conducting thorough investigations and implementing preventive measures in collaboration with risk teams.
• Stakeholder Collaboration: Liaise effectively with internal departments including compliance, operations, and sales, as well as external entities such as clients, correspondent banks, and regulatory bodies to ensure smooth trade execution.
• Process Improvement: Participate actively in continuous improvement initiatives aimed at enhancing trade service delivery, automating manual processes, and promoting operational excellence.
• Record-Keeping and Reporting: Maintain comprehensive and organised records of trade transactions, supporting audit requirements and management reporting.

Qualifications and Experience

• ICC certification an advantage.
  
• Good understanding of Documentary Trade and Open Account Products. Must have knowledge on Bank Guarantees.
• Multi-skilled in the handling of all trade transaction processing.
• Demonstrated experience in trade finance operations or related banking functions, preferably within an international banking environment.
• Strong understanding of trade finance instruments, including letters of credit, guarantees, and documentary collections.
• Excellent communication skills with the ability to explain complex trade processes in a clear and client-friendly manner.
• Proficient in managing multiple tasks with diligence and the ability to work effectively under pressure to meet deadlines.
• Solid knowledge of regulatory frameworks governing trade finance, including AML, KYC, and sanctions compliance.
• Proactive problem-solving skills and the ability to work independently as well as collaboratively within cross-functional teams.
• Strong organisational skills with a commitment to accuracy and quality in documentation and reporting.
• Ability to adapt and learn quickly in a dynamic financial environment with shifting priorities.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.