Senior International Specialist

First Citizens Bank•Raleigh, NC

About The Position

This role is part of the Trade Finance Solutioning Team within the Global Banking and Markets Solutions division. The primary duties of this role are to support the issuance, advising, and processing of standby and commercial letter of credit transactions as well as documentary collections for our clients who import and export globally. This associate will work closely with both our internal and external clients, compliance, and the broader trade finance team who will rely on the specialist’s knowledge. The associate is expected to communicate directly with clients via phone and email as a trusted advisor, building strong and lasting banking relationships. All functions are performed to generate revenue while reducing risk including financial, reputational, and compliance risks.

Requirements

Knowledge of accounting and world geography
MS Word, 10key and spreadsheet software, and SWIFT
Work toward Certified Documentary Credit Specialist (CDCS)
Bachelor's Degree and 0 years of experience in International Banking and either International Payments or International Trade Services. OR High School Diploma or GED and 4 years of experience in International Banking and either International Payments or International Trade Services.

Nice To Haves

International Banking or Trade Finance
knowledge of accounting and world geography
MS Office
Swift
Work toward Certified Documentary Credit Specialist (CDCS) certification

Responsibilities

Reviews, processes and approves transaction requests, including the preparation of Trade Services documentation, wires and cash item delivery. Ensures authentication of request and compliance with applicable regulations. Acts as backup for team supervisory role.
Coordinates with both internal and external parties to achieve business goals and streamline service experience. Determines target needs and provides resolution. Performs advanced data entry, reporting, and analysis as necessary. Handles escalated and complex servicing issues.
Monitors balance of cash items in system. Verifies accounts and investigates imbalances, including timely processing of any fees, payments, or returns. Directly interacts with customers and foreign banks to negotiate and resolve identified discrepancies.
Maintains expert knowledge in area of work. Inspects foreign cash items, wires and trade services documentation, and transactions for accuracy. May ensure competitive rates for Bank currency exchange.