More Information
Trade finance roles involve the facilitation of trade deals between importers and exporters. Where an exporter requires guarantees that an importer is in a position to pay once goods or services are delivered, a trade finance expert works with the associated banks and the importer in order to minimise or eradicate risk of non-payment.
There are many different aspects to trade finance, such as factoring, forfaiting, structured commodity finance, trade credit finance and numerous others.
On this page are listed a number of recruitment agencies with experience in filling trade finance positions.
Qualifications and entry requirements
A degree in international business, accounting or finance will normally be required to work towards a role in this sector.
Alongside degree courses, there are a number of part time courses in trade finance and related subjects, particularly in London, which can put candidates in a good position for applying for trade finance vacancies. Experience within banking at a lower level is a good way to work towards trade finance roles.
Many trade finance positions are in London, since the capital plays host to many national and international financial organisations, so candidates should be prepared to live and work in this city. There are roles across the UK, however.
Salaries
Working hours tend to be regular 9am - 5pm, but additional work may well be required in order to finalise a deal or transaction.
Pay can vary a great deal depending on the precise role within trade finance, but entry level roles may pay around £30,000 per year. Those with more experience can earn around £50,000 per year, while those in senior positions can earn £100,000 per year and often much more.