Trade Finance Senior Operation Specialist

ING Bank N.V. is looking for a Trade Finance Senior Operation Specialist

Activities:

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.

Responsibilities:

- 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)

Required skills:

Experience of at least 10 years in the role Ability to manage critical situations through good decision-making skills

Master’s degree in economics

Advanced knowledge of the English language

Knowledge of Uniform Customs and Practice for Documentary Credits (UCP.
600);
International Standard Banking Practice (ISBP) Publication No. 745

Knowledge of the following software: SWIFT Platform and related message types, advanced level in Excel, Outlook,Contract offer:

Working conditions:

Permanent employment contract

Working hours:

Full time (37 hours per week)
Applicable Collective Labour Agreement:
National Collective Labour Agreement for employees in the credit sector (NCLA)

Location:

Milan (hybrid)
Starting annual base salary: 51.000

Variable remuneration: in line with the applicable remuneration policies (with a target based on the role, outcomes linked to the Group, Business line/function and individual performance)
Our compensation approach is built on objective, gender-neutral criteria aligned with the role’s core requirements. That said, we believe talent goes beyond any framework: your total reward package will be tailored to reflect your unique experience, skills, and potential, ensuring we fully recognize the value you bring.

The benefits of joining INGIn addition to being a part of a great team, working in a fun and innovative environment, we offer:

Flexible Smart Working Competitive base salaries and performance-based bonuses

Meal vouchers and corporate restaurant and bar Health insurance and Accident insurance

Pension fund and welfare plan Diverse cultures & Innovative mindsets

International Environnent and Talent Program Commitment to sustainability

Lots of training development opportunities to help you grow

Lots of moments dedicated to physical and mental well-beingA special day off when it is your birthday: we call it #doyourbirthday!

And of course, we can’t forget free water & coffee at the office!

About INGING 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 we articulate our purpose and our promise to make banking frictionless to the world.‘do your thing’ is about people being free to live the life they want to live, knowing that they will make…