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United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Government
SHINHAN BANK LONDON BRANCH - Global Transaction Banking
SHINHAN BANK LONDON BRANCH ✓ Verified Employer

Global Transaction Banking

Verified Base Compensation
£31,200 - £31,200 / year
£2,600 - £2,600 / mo Apply Now →
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Official Specifications

Role Overview & Mandate

Executive Summary

KOTRA London provides recruitment services to companies based in the UK and South Korea. As part of its services, we place job...

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Verified by ApexHire Intelligence Desk Active Audit

Reviewed by Compensation & Visa Analysts
Sources: USCIS E-Verify & Home Office CoS

KOTRA London provides recruitment services to companies based in the UK and South Korea. As part of its services, we place job advertisements on behalf of our clients, review applications, and provide application details to our clients.

  • Our client SHINHAN BANK LONDON BRANCH Ltd is a Global Transaction Banking to join their business in the UK.

* Location: 77 Gracechurch St. London, EC3V 0AS, United Kingdom

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1. PURPOSE OF THE JOB

  • Occupational category : Global Transaction Banking
  • Personnel: 3
  • Foreign language skills:

- English : Able to communicate in all situations

- Korean : language proficiency at the native level

2. KEY ACCOUNTABILITY

- Job Purpose:

  • GTB means Global Transaction Banking and shall be mainly responsible for the transactions related with international trades mainly based on Letter of Credit. GTB Lab in the head office establishes the overall business direction and strategies, and the branch will suggest regional appetite and each feature of counterparty in order to accommodate various operational differences. GTB pursues flexible purchase (acquire) or selling of the asset depending on the situation.

- Main Duties:

  • To process daily RAs and Claims
  • To follow up disbursed transactions
  • To manage the repayment on each maturity in timely manner
  • To expand counterparty network
  • To monitor secondary market to seek for further purchase or sell down
  • To manage and monitor CE list regularly
  • To maintain contact with counterparties

*Other working conditions:

  • Bachelor’s degree (or expected to graduate within 2023) or Postgraduate in relevant field
  • Relevant work experience
  • IT experienced preferred but not essential

3. SALARY & BENEFITS

  • VISA: Work Visa - Have the right to live and work in the U.K without restrictions but not essential.
  • Annual Salary: £31,200 ~(Negotiable depending on experience)
  • Recruitment: Full-time. (Part time available for General Administration)*
  • Working hours: 8 hours/ 5 days (Full Time) & Negotiable for Part time
  • Schedule: Monday to Friday
  • Holiday: 20 days/Year(pro rata)
  • Insurance: Provision of health insurance in accordance with local labour laws
  • Recruitment period: 11 April 2023 ~ 05 May 2023
  • Recruitment due date: The work start date can be adjusted after consultation with job seekers

4. PROCESS

  • 1st: Document review (Written review of submitted documents such as resume, self-introduction letter, and certificate)
  • 2nd: Interview (comprehensive evaluation of skills required for job performance through interview and foreign language evaluation)
  • ※ Interview candidates will be notified individually only to those who have passed the document screening, No documents submitted will be returned

5. CHALLENGE

Introducing Company

  • Introducing Company: Shinhan Bank is South Korea's leading financial institution with sustainable net income growth driven by solid core earnings and consistent ROE enhancing business strategy. Shinhan Group(S&P A, MOODY's A1 Rating) has total asset of $500 billion with over 28,000 employees across 19 countries with global network of over 241 branches.
  • Shihan Bank London Branch is playing role of a Control Tower in Investment Banking across EMEA region. The branch consists a number of department including Treasury, Investment Banking, Corporate Banking, Trade Finance, Risk Management, and etc.

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*Visa: Work Visa /Holders of a Visa that allows them to work legally in the UK

*A copy of ID and Visa will be requested before the interview

*Note: This job description summarises the main aspects of the job, but does not cover all the duties that the jobholder may be required to perform. This document is intended to enhance the understanding between the Manager and the employee and may be changed/amended as the job/business needs require.

Job Types: Full-time, Part-time
Part-time hours: 40 per week

Salary: From £31,200.00 per year

Schedule:

  • 8 hour shift
  • Monday to Friday

Work Location: In person

Application deadline: 05/05/2023

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Compensation Analytics

Estimated Take-Home Pay

Calculator →

Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £31,200 - £31,200
Est. Income Tax Band 20% Basic Rate Band
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £2,080 - £2,028 / mo
Regional Economics

Cost of Living (London, England)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

Work Authorization Framework

Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
🛡️ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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