Senior Trade Services Specialist, Global Trade Advisory

Wells Fargo • Charlotte, NC

82d

About The Position

Wells Fargo is seeking a Senior Trade Services Specialist for the US Global Trade Advisory group within Commercial Banking Operations. In this role, you will mitigate risk to the bank and the customer to ensure customer satisfaction by processing Letter of Credits. You will review complex reformatting, drafting, advising and amending standby letters of credit that require an in-depth evaluation of variable factors. Additionally, you will provide recommendations on existing policies, practices, and procedures, perform moderately complex letter of credit structure, documentation, governing rules, internal policies and credit risk implications. You will utilize your overall understanding of rules and regulations governing letter of credit products with a full working knowledge of standby letters of credit. Collaboration and consultation with peers, colleagues, and managers will be essential to resolve issues and achieve goals.

Requirements

• 4+ years of Trade Services experience, or equivalent demonstrated through work experience, training, military experience, or education.

Nice To Haves

• 4+ years experience with Bank Secrecy Act (BSA)/Anti-Money Laundering (AML), Sanctions and Anti-boycott policies and procedures.
• Certified Documentary Credit Specialist (CDCS) Certification.
• In-depth knowledge of Uniform Customs and Practice for Documentary Credits (UCP), International Standard Banking Practice for the Examination of Documents (ISBP), Uniform Rules for Collections (URC) and other International Chamber of Commerce (ICC) publications.
• Experience and/or ability to provide training and support to internal teams on trade operations and compliance.
• Certified Anti Money Laundering Specialist (CAMS) or Association of Certified Anti-Money Laundering Specialists (ACAMS) certification.
• Trade Based Money Laundering Certificate.
• Knowledge and understanding of Anti Money Laundering (AML) financial compliance investigations.
• Knowledge and understanding of financial services industry: compliance, regulatory, or legal operations.
• Excellent communication skills and ability to articulate complex material to a diverse audience.
• Experience developing partnerships and collaborating with other business and functional areas.

Responsibilities

• Mitigate risk to the bank and the customer by processing Letter of Credits.
• Review complex reformatting, drafting, advising and amending standby letters of credit.
• Provide recommendations on existing policies, practices, and procedures.
• Perform moderately complex letter of credit structure, documentation, governing rules, internal policies and credit risk implications.
• Utilize understanding of rules and regulations governing letter of credit products.
• Collaborate and consult with peers, colleagues and managers to resolve issues.

What This Job Offers

• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees