Hamburg Germany Logistics, Transportation,Warehousing, Supply Chain

Job Description

Letter of Credit Specialist (m/f/d)
( Special focus on trade finance background)

Main Responsibilities

• Responsible to obtain and register necessary information to process Letters of Credit and related financial transactions.
• Evaluate the credit data to make sure they adhere to internal requirements and bank policies.
• Analyse Letters of Credit and commodity contracts to match terms
• Provide support to colleagues about the terms and conditions in the Letter of Credits to determine compliance to the standard banking practices to ensure a smooth negotiation.
• Assist in handling the presentation of documents to enable registration in the proper system.
• Follow-up bank processing while being able to analyse and dispute discrepancies raised.
• Co-ordinate with the execution team and the banks to abide by the Letter of Credit timelines.
• Handle incoming queries and communications from both internal colleagues and external clients
• Support other areas of the company such as Finance, Controlling, Accounting and Auditing with information.

Skills

• Fluent in English
• Extended ability of working with Microsoft Office

Capabilities

• Communication
• Organisation / planning
• Problem solving
• Building relationships
• Teamwork
• Innovation / continuous improvement

Experiences

• 5-10 years previous experience in Letters of Credit (UCP 600, ISBP and SWIFT messaging system)
• Prior experience working in the field of international trade operations (finance)
• Deep understanding of shipping documentation and negotiation (CAD, L/C, Letters of Collection);
• Banking background with regards to Letters of Credit
• Knowledge of SWIFT messaging system
• International Trade practice
• Shipping documents
• Demonstrated experience in providing customer solutions

Qualifications

• Bachelor degree or similar degree/qualification in the field of finance/international trade or banking/finance/economics.
• Knowledge in ELCY system is desirable.
• Certificate for Documentary Credit Specialist (CDCS) desirable.
• Good verbal and written communication, organizational and time management skills are required.

#IncludingYou

Diversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.

For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here: Diversity, Equity and Inclusion | ADM.

About ADM

At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.

Req/Job ID

89328BR

#LI-Hybrid

Ref ID

#LI-FE1