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Trade Finance Services Spec II

Logo of Bank of America

Bank of America

On-site

On-site

Regular employment

3 - 6 years of experience

Full Time

Scranton, United States

Responsibilities

Job Description:

Line of Business Description: The role is part of the Global Trade Operations group. The position will work under established operating procedures and precedents. Responsibilities include, but are not limited to:

·        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/processes issuances, amendments, and negotiations for payment on Standby Letters of Credit

·        Provides client servicing for Standby 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.

·        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.

Required Skills and Experience

·        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

Desired Skills and Experience

·        Experience with letters of credit and familiarity with UCP 600/ISP 98 a plus.

·        Knowledge of trade finance operations and documentation highly desired.

Position located on-site in Los Angeles – CA or Scranton - PA

Parking: Any applicable fees at employee’s own expense.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Required skills

Accounting
Analytical Skills
Client Servicing
Communication Skills
Finance
Independent Action
Microsoft Office
Operations
Problem Solving
Reporting
Teamwork
ISP
Workflow Management
UCM
Math
Monthly reconciliations
English
Job posted 11 days ago

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