Senior Analyst - Trade Services, Open to flexibility

Birmingham, West Midlands
£22059 - £24510 per annum
26 Oct 2018
11 Nov 2018
Lloyds Banking Group
Contract Type

Senior Analyst - Trade Services, Open to flexibility

Commercial Banking (CB) Delivery provides end-to-end support to all businesses across the division. As CB's Chief Operating Officer, I lead teams dedicated to client service delivery, banking and trade delivery, markets and lending delivery, data services, operating strategy and overall business services for CB (see links to each Delivery team below). Our combined team of more than 3,000 colleagues work hard to enable and improve Commercial Banking to be the best bank for clients.

Trade Services is within Commercial Banking, Banking & Trade Delivery and is a client facing middle and back office function, whose core role is the provision of specialised advisory and operational support directly to clients who trade internationally across Community Banking and all Commercial Banking sectors who trade internationally including Global Corporates, Financial Institutions, Mid Markets and SME. International trading is facilitated through utilising Global Transaction Banking products including:-

  • Documentary Collections
  • Import & Export Credits
  • Guarantees and standby facilities.

Trade Services also provide finance through a variety of means including discounting, structure Trade Finance agreements and Bank to Bank financing arrangements on a bilateral and syndicate basis.

The business supports activity originated in the UK, Europe, North America and the Asia/Pacific region and operates between 8am and 6pm, and midnight to 8am specifically supporting LBG's Singapore office.

As a Senior Analyst you will support the delivery of a high quality, accurate and timely international trade service for Commercial clients who range from global commodity traders to local import/export businesses.

You will be providing an advisory service on the terms of the products and the operational mechanics relating to those products. Using your communication skills you will provide help desk capability for the trade online service. Accuracy is essential as you will be negotiating, issuing, setting up and managing new documentary credits and guarantees through their lifecycle, including management of claims and disputes in line with International Chamber of Commerce rules to protect the bank and client positions, as well as reviewing and accepting documentary collections.

As your knowledge and experience grows you will arrange the provision of financing for clients through discounting, structured Trade Finance products and other bespoke facilities, manage the payment and receipt of principle and interest and the associated reconciliation controls, manage the calculation, invoicing and collection of fees and associated reconciliation controls and ensure transactions comply with Anti Money Laundering policy through rigorous adherence to control procedures.

Right from the start, we'll give you full training and all the support you need with an Induction Course. This will be followed by a further 121 training, where you will be supported whilst you learn. During this time you will be given all the coaching and development you need to achieve your competency. We will help you to obtain a full understanding of our operational policies and procedures plus give you an awareness of regulatory practices and constraints. Previous experience of Trade Services would be a plus but not essential. .

Our office hours are 8.00am - 6.00pm Monday to Friday and we are open to discussions around flexible working to facilitate a working arrangement suitable to both you and the business. We are committed to the principles of agile working and are proud of the industry recognition we have received, including No 1 in the Stonewall Top 100 Employers Index 2017, Top 10 Employer for Working Families 2017, Times Top 50 Employer for Women all in 2018 and Best Bank for Diversity and Inclusion at the Euromoney Awards for Excellence 2017.

Lloyds Banking Group is committed to building a workforce which reflects the diversity of the customers and communities we serve, and to creating an inclusive workplace where all our colleagues can be themselves and succeed on merit.

Achieving Lloyds Banking Group's vision of being the best bank for customers and meeting the Group's risk appetite is dependent on every colleague demonstrating our core value of "putting customers first". Join us and be part of an inclusive, values-led culture focused on making a difference. Whatever your aspiration, you can also expect excellent benefits, personal development and a career that's enriching and full of opportunity.

So if you have a passion for accuracy and excellent communication skills we would welcome your application. In return for your hard work, we offer a competitive reward package; please see our careers website for more details.

Together we make it possible.

Please note if we receive a large volume of applications the advertising may close earlier so don't delay in submitting your application.