Relationship & Transaction Management - Trade Finance Advisory & Services - Associate  

Deutsche Bank • New York, NY

100d • $70,000 - $110,000

About The Position

Deutsche Bank New York Branch seeks a Trade Finance Advisory & Services Officer in New York, NY to provide advisory services for clients on Trade Finance instruments. These products include Standby Letter of Credits, Demand Guarantees, Documentary Letter of Credits, Collections & Trade Finance loans. This role requires a thorough understanding of International Standby Practices (ISP98), Uniform Customs and Practice for Documentary Credits (UCP600), Uniform Rules for Demand Guarantees (URDG758), international trade finance documents, Anti Money Laundering (AML) as well as Office of Foreign Asset Control (OFAC) to ensure compliance and mitigation of risks associated with international trade transactions.

Requirements

• Requires a bachelor’s degree in finance, Business Administration, or related field or equivalent
• Extensive, relevant, and progressively responsible experience reviewing technical Guarantees, Standby and Documentary Letter of Credits language for compliance with ICC publications, local requirements, and key operating procedures
• Extensive, relevant and progressively responsible experience performing document negotiation for Export Letters of Credit and relevant traditional trade products
• Able to communicate fluently, written and verbal, in English. Spanish and or German language skills are a plus
• Strong client service skills
• Strong quantitative and analytical skills
• Highly proficient with Microsoft office
• Demonstration of organizational skills to manage multiple and often competing tasks simultaneously under tight deadlines and pressure

Nice To Haves

• Excellent communication and partnering skills as well as effective stakeholder management
• Ability to successfully navigate a complex, international organization, build strong relationships and work collaboratively with partner teams, external clients, and other control functions
• Willingness to accept responsibility for tasks and projects combined with the ability to work and think independently while supporting team goals and objectives
• Detail orientated with attention to accuracy

Responsibilities

• Manage day-to-day activities for the Trade Finance Advisory Services team
• Provide technical assistance to Sales & Structuring, Corporate Clients, Correspondent Banks, and DB Branches in dealing with the intricacies of traditional trade products
• Written and verbal communications with internal and external clients associated with the structuring and facilitation of Trade Finance products and other associated processes
• Timely resolution of inquiries received from internal and external clients and escalating any potential problems or seeking clarification as appropriate
• Ensure that all transactions are completed within the set time frames/deadlines established by management

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility
• Generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift and volunteer programs

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees