Trade Finance Officer

  • 3-5 Year
  • Toronto
  •   Posted On: November 22, 2017
  •   Skills: 

Job Overview

Roles & Responsibilities

What is the opportunity?

The Trade Officer supports with end to end processing of Trade Finance product i.e. Guarantees/Standby Letter of Credit, Imports and Exports documentary Letters of credit, Documentary collections .The competence with which the incumbent’s duties are carried out has a major impact on operational, financial and on the reputation risks of the RBC globally and on its Clients

**Please note this a contract position -Mat leave coverage**

 What will you do?

  •  Responsible for end to end processing/release function such as issuing/amendment, demand checking and cancellations.
  • Manage internal and external client relationships from a service perspective, including direct client interactions where appropriate.
  • Exercise diligence in complying with operational risk policies and guidelines.
  • Performs checks and release on Guarantees/Standby Letters of credit within delegated authorities
  • Continuously review and prioritize work flow, work load & volumes, ensure all incoming work is process timely and attend to daily WIP
  • reports to avoid any unattended items, and proactively manage escalated items to satisfactory resolution
  • Responsible to Monitor Generic E-Mail Box (IOL) and attend/respond for the end to end transaction.
  • Provides consistent service within established Client Service Commitments/Service Partner Commitments and seeks to improve the quality, timeliness and consistency of responses to clients
  • Comply with Anti-Money Laundering guidelines and policies, Trade Restricted Countries and Risk Approval processes

About Royal Bank of Canada

he Royal Bank of Canada History site has been created to remember and celebrate our heritage and the generations of men and women who transformed our company into a leader in Canada and a growing force in countries around the world. Over the years we have invested in the future by delivering quality products, creating jobs, protecting the environment, respecting diversity and making a difference in the communities that we serve. Our shared values of service, teamwork, responsibility, diversity and integrity help guide our behaviours and decisions, inspire us to lead in diversity and inclusion and define what it means to be a responsible corporate citizen. Today, approximately 79,000 client-focused and committed employees help us earn the right to be our clients’ first choice, differentiating us as an exceptional source of advice for the 16 million clients worldwide that we serve.

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