Trade Finance Services Specialist II - Lake Oswego OR

Bank of America•Lake Oswego, OR

6d•Onsite

About The Position

Performs a variety of technical and analytical functions related to trade financing and servicing. Responsibilities include researching, analyzing, and resolving trade documents that require specialized, sensitive, and/or exception handling; evaluating acceptances, issuances, amendments, and negotiations for import/export, standby and government letters of credit and bankers acceptances; reviewing, analyzing and negotiating letters of credit documents; issuing commercial and stand-by letters of credit, amendments, transfers and requests to pay; approving payments, collections and reimbursements. Works under established operating procedures and precedents. Requires a full working knowledge of trade finance operations and documentation. Individuals typically have 3-5 years of experience with 1-3 years Trade experience preferred. Position located on-site in Portland, OR.

Requirements

Demonstrated excellent communications and workflow management skills
Must have prior/current Client servicing experiencing
General ability to use office applications such as Word, Excel , and PowerPoint
Ability to work in a team environment as well as independently with little supervision
Excellent communication skills (both verbal & written) and active listening skills
Strong mathematic/accounting skills
3-5 years of experience
1-3 years Trade experience preferred

Nice To Haves

Experience with letters of credit and familiarity with UCP 600 a plus.
Knowledge of trade finance operations and documentation highly desired.
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
Excels in working among diverse viewpoints to determine the best path forward.
Experience in connecting with a diverse set of clients to understand future business needs –is a continuous learner
Commitment to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.

Responsibilities

Performs a variety of technical and analytical functions related to trade financing and servicing
Researches, analyzes, and resolves trade documents that require specialized, sensitive, and/or exception handling
Evaluates acceptances, issuances, amendments, and negotiations for import/export, standby and government letters of credit and bankers acceptances
Reviews, analyzes and negotiates letters of credit documents
Issues commercial and stand-by letters of credit, amendments, transfers and requests to pay
Approves payments, collections and reimbursements
Prepares and reconciling daily and monthly reports; accurate capturing of production volumes.
Provides client servicing for both Export Letter of Credit clients
Provides client servicing and operational support for extended processing teams/sites