Trade Finance Senior Operation Specialist

Job description

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 ING In 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-being A 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 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 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 their world a little better for it. Do you think you are "a step ahead"? Apply now! Our Commitment Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates. Job Application Safety Reminder ⚠️ We’re seeing an increase in fraudulent job offers. To protect yourself, please follow these key guidelines when applying for roles at ING: · Apply only via official ING platforms: ING uses Workday as its internal recruitment system. Applications should be submitted only via our official career site. · Check the sender’s email carefully: legitimate communication will always come from: @ing.com and/or @myworkday.com · No payments or banking details will ever be requested. If someone asks for this information, it’s a scam. If you suspect suspicious activity, report it immediately. Your safety matters to us.