Global Credit Ops- Trade Finance Services Specialist II
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. The role is part of the Global Credit Operations. Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade products. The position will work under established operating procedures and precedents.
Requirements
- Minimum 1 year of financial services/ financial products experience
- Demonstrated excellent communication both written and oral
- Must have prior/current Client servicing experiencing
- Proficient with Microsoft Suite; Word, Excel , and PowerPoint
- Ability to work in a team environment as well as independently with little supervision
- Proficient active listening skills
Nice To Haves
- Trade finance experience
- Experience with letters of credit and familiarity with UCP 600
- Knowledge of trade finance operations and documentation highly desired.
Responsibilities
- Processes transactions related to various Trade Finance products and performs support and servicing functions, such as problem resolution and exception handling for clients and business partners
- Communicates complex data and information clearly and effectively to clients and business partners
- Performs a variety of technical and analytical functions related to trade financing and servicing including researching, analyzing, auditing, tracing, and resolving Trade Finance documents that require specialized, sensitive, or exception handling
- Manages risk by ensuring transactions are handled efficiently and proactively, identifying and escalating potential risks
- Develops capabilities and competencies through self-study or participation in trainings on system enhancements
- Evaluates issuances, amendments, and negotiations for export letter of credit payment requests
- Provides client servicing for both Export Letter of Credit clients
- Provides client servicing and operational support for extended processing teams/sites
- Prepares and reconciling daily and monthly reports; accurate capturing of production volumes.
- Works under established operating procedures and precedents.
Benefits
- affordable, competitive and flexible benefits
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
