Vista previa generada por IA
Officer in Trade Finance & Supply Chain Management at BNP Paribas – Sydney.
Ensure timely processing of letters of credit, guarantees, and inventory financing with strong operational controls.
Job Purpose
Part of the Trade & Supply Chain Finance Operations supporting Corporate Financing, Bank Guarantees processing, Payments, Loans and Fees whenever required. Ensure that transactions are processed in a timely manner and in accordance with BNP Paribas group policies, regulatory & compliance requirements, as well as Bank's Standard Operating Procedures.
Primary Role Responsibilities
- Prepare detailed instructions for the regional Back Office to process Documentary Letters of Credit & Collection transactions.
- Manage day-to-day processing of Supply Chain Financing transactions efficiently and reconcile client inventory data in accordance with bank's collateral management requirements.
- Undertake responsibility for reviewing, drafting, and execution of Demand Guarantees, ensure potential risks relating to guarantee wordings are either accepted by Legal/Business, or mitigated by revision, making sure all ambiguities and contradictions are addressed.
- Review Standby Letter of Credit applications and amendments to determine workability, accurately interpret and execute instructions while complying with bank's policy.
- Monitor and ensure all Trade Finance, guarantee, and supply chain transactions and documentation and are accurately recorded and presented
- Maintain a strong level of awareness in terms of checking credit limit utilization, Credit Risk Control authorizations, agreed client conditions, applicable margin and special requirements
- Perform all controls in accordance with operational procedures & Group policies.
- Monitor transactions completed by regional Back Office: day-to-day interaction with regional Back Office teams, Investigating Nostro account breaks, reconciling client settlement /payable/receivable accounts, following up overdue/outstanding/shortfall items in a timely manner
- Respond to client queries, while always demonstrating higher standards of customer service
- Ensure guarantee commissions are booked accurately and collected within agreed timelines.
- Provide support to the Loan Administration area: arrange inputting of the Loans, ensure loan facility fees are calculated accurately and collected, handle Bank Guarantee processing, monitor payment queues and ensure payments are processed within cut-off time.
What is required for you to succeed?
- Tertiary studies in the Banking / Finance Industry with relevant experience in similar field
- Good understanding of Uniform Customs and Practice for Documentary Credits (UCP 600), Uniform Rules for Demand Guarantees (URDG758) and ISP98.
- Good knowledge of Supply Chain Finance processing
- Experience with Swift payments system.
- Experience of controls to manage Operational Risks
- Knowledge of general banking products and basic accounting
- Intermediate proficiency in Microsoft Office.
- A proactive attitude and willingness to learn and help others as the position requires extensive cross training of different functions undertaken within the department to back up other staffs when required.
- A team player with hands on approach, to be a part of a team working in a rapidly growing, fast-paced, success-focused environment.
- Clear and concise communication skills and experience in dealing with internal and external teams and entities.
- Strong numerical reasoning, analytical skills and attention to detail.
- Strong time management skills, with the ability to prioritize under pressure.
- Commitment to achieving the organisation's objectives, demonstrate perseverance and be accountable for own actions.
- Keen to learn, ability to work in a team and independently.
About BNP Paribas
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
BNP Paribas MixCity which fosters better representation of women at all levels of the organization
Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
Reasonable Adjustments
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at au.nz.recruitment [at] asia.bnpparibas (dot) com