Trade Finance Back-Office Analyst F/M Jobs in Montreal, Canada at Crédit Agricole CIB
Location: Montreal
Description du poste
You will join Crédit Agricole CIB Canada as a Trade Finance Back-Office Analyst. You will be responsible for accurately and efficiently managing the Standby LC process & its corresponding activities (eg: billing, payments, etc)
Your concrete missions will be the following :
Ensure that letter of credit transactions is in conformity with client instructions, UCP Publication 600/ISP
98, and the Banks credit/ compliance procedures.
Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval.
Ensure that letter of credit contains relevant supporting documentation i.e. copy of executed letter of credit / amendments and completed compliance checklist, when required.
Ensure timely disbursement of funds, as required for LC drawings, and record transaction through the banks accounting system (ACBS) for accurate accounting and reporting.
Prepare and generate invoices for clients (corporates), ensuring accuracy and completeness.
Prepare and generate swift messages for Crédit Agricole CIB branches or Third Party Banks through core processing system (TI+ system) for claiming periodic and past-dues commission, ensuring accuracy and completeness.
Billing through invoices for corporates and swift messages for banks are primarily for Standby Letter of Credit (SBLCs) transactions. Good understanding of SBLC product, workflow, parties involved, etc is essential for billing process.
Maintain accurate records of invoices, payments, and outstanding balances.
Verify billing data and reconcile accounts.
Respond to pending inquiries and discrepancies raised by clients, banks and internal stakeholders.
Process payments received from clients and banks in the wash & nostro accounts, ensuring accurate posting to the appropriate accounts.
Prepare funds transfer memo & seek FX contracts (if needed) in order to effect payments out to Crédit Agricole CIB branches or Third Party Banks.
Track outstanding fees and follow-up on unpaid items from clients and banks.
Investigate and resolve billing discrepancies and payment issues.
Maintain accurate and up-to-date records of billing transactions consistent with clients and banks records.
Ensure SWIFT messages for LC transactions are processed properly.
To be eligible for a VIE
:
Be less than 28 years old
Be graduated of Master Degree
Be EU citizen
Dont forget to mention this information explicitly in English in your resume and/or cover letter!
Title: Trade Finance Back-Office Analyst F/M
Company: Crédit Agricole CIB
Location: Montreal, Canada
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