Banking Operations Junior

Summary

Join Talan, an international advisory group on innovation and transformation through technology, as a candidate for a Trade Finance role in Corporate Banking. The job involves working with banking operations, providing services to clients in Spain and other European countries. No previous experience is required, and the company offers training and career development opportunities.

Requirements

• German C1/C2 (fluent/native) is a must
• English C1 is a must
• Interest in banking sector and Operations
• No previous experience in Trade Finance or banking is required
• Studies related to bachelor’s in science, law, finance, administration, international commerce, etc
• Availability to work full time
• The job is located in Madrid
• Strong knowledge of Microsoft Office tools (Excel, Word

Responsibilities

• Processing of Guarantees issued on behalf of the Bank’s clients or other branches/subsidiaries/correspondents, direct/indirect with due regard to legal, compliance and risk aspects
• Performing controls to ensure compliance with internal and regulatory regulations
• Communicating with the European Sites, Global Trade Service, Compliance & Legal Departments and other Banks
• Registering the transactions within the Bank tools, ensuring a high level of accuracy in the records
• Managing the invoicing to clients and correspondent Banks, ensuring a high level of accuracy in terms of calculations of Guarantee fees and production of invoices
• Ensuring invoices and accounting entries are aligned, performing accounting adjustments when necessary
• Managing the payment of fees to Correspondent Banks
• Business Monitoring (BAU)
• Verify that all approvals are in place (from Credit Risk, Compliance and Legal) in order to proceed with client requests
• 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

Benefits

• Full time employment contract
• Smart Office Pack
• Training and Career Development
• Be a part of the Multinational Team
• Benefits & Perks like private medical insurance, life insurance, lunch and transport cards as part of the flexible remuneration pack