ING
OperationJuniorSpecialistTFS(FixedTerm)
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“Operation Junior Specialist TFS (Fixed Term) at ING. Skills: process management, cross-functional coordination, vendor/stakeholder management, operational metrics, resource planning, continuous improvement. Manage letter of credit and bank guarantees delivery. Handle Trade Finance products”
What They're Looking For.
Must Have
Receipt, advising and amendment of export documentary credits, Handling of bank credit lines, Handling the end-to-end process, Issuing and amendment of import letter of credit, Issuing and amendments/renewals of domestic and cross-border guarantees, Verification of credit line availability, Collecting import/export bills, Screening and checks for compliance purposes, booking into IFS/IRM, Reconciliation support, Support in transparency document (DDS) generations, Back up for WB Ops activities
What You'll Do.
Manage letter of credit and bank guarantees delivery
Handle Trade Finance products
Backup WB Operations activities
Process export documentary credits
Manage bank credit lines
Handle end-to-end process
Issue import letter of credit
Issue domestic and cross-border guarantees
Verify credit line availability
Collect import/export bills
Perform compliance checks
Support reconciliation
Generate transparency documents
How You'll Work.
Team & Collaboration
Work with customers for discrepancies; Coordinate with internal teams for approvals
Full Job Description
The candidate will join the Wholesale Banking Operations team and will be responsible for all the activities related to the delivery of letter of credit and bank guarantees (bid, performance, etc) for Trade Finance products as well as a backup of WB Operations activities. \- Receipt, advising and amendment of export documentary credits and input in the system \- Handling of bank credit lines for confirmed letter of credit \- Handling the end-to-end process (i.e. Check of documents, contact with customer for discrepancy and negotiation, performing comply checks, etc.) \- Issuing and amendment of import letter of credit and input in the system \- Issuing and amendments/renewals of domestic and cross-border guarantees (drafting, credit line -verification, contact with customer, handling commissions) \- Verification of credit line availability \- Collecting import/export bills \- Issuing and amendments/renewals of domestic and cross-border guarantees (drafting, credit line -verification, contact with customer, handling commissions) \- Screening and checks for compliance purposes and related reports \- booking into IFS/IRM \- Reconciliation support \- Support in transparency document (DDS) generations, TFS related \- Back up for WB Ops activities (approvals in IFS booking system) **Location:** Milan (hybrid) **About ING** ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional. Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people’s potential. We don’t judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future. #doyourthing is our brand direction with us each and every day. It is how
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