Trade Finance Sr. Analyst

Santander•Miami, FL

1d•$43,500 - $68,000•Onsite

About The Position

The Trade Finance Sr. Analyst is responsible for the Letters of Credit. Manages documentary credit transactions for importers and exporters, ensuring accurate processing, compliance with UCP 600 and related trade finance regulations, and timely support to clients and internal stakeholders. The role requires strong attention to detail, knowledge of international trade documentation, and the ability to mitigate operational and compliance risks.

Requirements

Bachelor’s degree required or equivalent experience
3 - 5 years of relevant experience or demonstrated required level of proficiency
Strong understanding of: UCP 600 (Uniform Customs and Practice for Documentary Credits), ISBP (International Standard Banking Practice), URC 522 (Documentary Collections), ISP98 (Standby Letters of Credit), International trade documentation and Incoterms
Excellent attention to detail.
Strong analytical and problem-solving abilities.
Effective communication and customer service skills.
Ability to work under deadlines in a high-volume environment.
Proficiency with trade finance systems and Microsoft Office applications.
Bilingual: English and Spanish

Nice To Haves

Experience with SWIFT messaging (MT700, MT707, MT103, MT202, etc.) preferred.
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

Issues, advises, confirms, amends, transfers, and cancels letters of credit.
Reviews letter of credit applications to ensure completeness and compliance with applicable requirements.
Processes import and export documentary credits in accordance with UCP 600, ISBP, and Bank policies.
Examines shipping and commercial documents presented under letters of credit.
Identifies discrepancies and communicates findings to clients and correspondent banks.
Processes payments, acceptances, negotiations, and reimbursements related to documentary credits.
Maintains accurate records of trade finance transactions.
Monitors letter of credit expirations, maturity dates, and outstanding obligations.
Processes documentary collections, standby letters of credit, and guarantees, as required.
Reconciles trade finance accounts and investigates discrepancies.
Ensures adherence to international trade regulations, sanctions requirements, AML/KYC standards, and internal control procedures.
Screens transactions for sanctions and restricted-party compliance.
Identifies operational risks and escalates issues through appropriate channels.
Supports internal audits, external audits, and regulatory review activities.
Serves as a primary point of contact for clients regarding trade finance transactions.
Provides guidance on documentary requirements and letter of credit terms.
Coordinates with relationship managers, operations teams, and correspondent banks to resolve transaction-related issues.
Responds promptly and professionally to client inquiries and transaction requests.
Participates in process improvement and operational efficiency initiatives.
Assists in the implementation of trade finance systems, enhancements, and automation projects.
Contributes to team training, knowledge sharing, and the development of best practices.