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Trade Finance Analyst

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Job Location drjobs

New, NY - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Job Description

Video
Hybrid
NO H1
SSN
DOB
Prefer Locals
Our top banking client is seeking a Trade Finance Analyst to join their team in Jersey City New Jersey. This position will join the Banks Settlement Operations Group. This is an onsite position out of Jersey City NJ for the first 6months and then will become hybrid (1day a week onsite).

Responsibilities:

  • Team Leadership:
    • Manage and lead the Trade Operations team fostering a collaborative and highperforming work environment.
    • Motivate and develop team members providing ongoing coaching and training.
    • Set clear goals and objectives for the team and ensure alignment with departmental and companywide strategies.
    • Track team performance against targets and metrics implementing corrective actions when necessary.
  • Trade Operations Management:
    • Oversee daily controls and processes related to all trade operations transactions.
    • Ensure strict adherence to trade finance regulations including ISP98 UCP 600 URC 522 OFAC EAR and antiboycott compliance.
    • Review and approve Letters of Credit (L/C) documents performing a second check for accuracy and completeness.
    • Process and release payments in tranches according to trade finance agreements.
  • Reporting & Analysis:
    • Prepare comprehensive and accurate quarterly and annual reports for the Trade Finance department.
    • Analyze trade operations data to identify trends and areas for improvement.
    • Develop and implement strategies to optimize trade finance processes and increase efficiency.

Qualifications:

  • Bachelors degree in Finance International Trade or a related field (preferred).
  • Minimum 5 years of experience in trade finance operations with a proven track record of success in managing a team.
  • Strong working knowledge of trade finance products instruments and regulations including ISP98 UCP 600 URC 522 OFAC EAR and antiboycott compliance.
  • Experience with trade finance systems and software.
  • Excellent analytical and problemsolving skills.
  • Strong attention to detail and accuracy.
  • Excellent communication and interpersonal skills with the ability to effectively lead and motivate a team.
  • Ability to work independently and as part of a team in a fastpaced environment.

Employment Type

Full Time

Company Industry

About Company

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