Job Responsibilities
- Collaborate directly with internal partners and external clients, primarily in an advisory capacity, to investigate and make decisions on transaction escalations daily due to various risk promoters Sanctions, Money Laundering, Boycott, Export Control, Fraud, complex terms, etc. Foster a strong team culture that promotes and grows DE&I values.
- Consult technically with Trade Operations and internal partners regarding problematic trade transactions and new business opportunities by making risk-mitigating recommendations and formulating the business s response/position.
- Identify, measure, control, and monitor Global Trade transaction risk for both internal business units and external corporate clients, limiting exposure due to risks such as human errors, transaction processing failures, and fraudulent activities.
- Interface with and influence internal partners supported by Global Trade Operations, including Product, Compliance, Risk, Legal, and Audit.
- Champion change specifically in the Global Trade Finance Risk and Controls environment.
- Provide subject matter expertise and advise on trade transformation projects when required, such as Digitization and Automation.
Required qualifications, capabilities and skills
- Demonstrate extensive knowledge of trade products, including but not limited to commercial (import & export) and standby letters of credit, documentary collections, bank-to-bank reimbursements, supply chain finance, trade loans, and open account transactions.
- Exhibit expert-level knowledge of ICC Rules, particularly UCPDC, ISBP, URC, ISP, URR, along with a working knowledge of SWIFT rules for 400 and 700 series messages.
- You must have 8+ years of experience
- Must hold a Bachelors degree or above
- Provide opinions on complex trade transactions, structure letters of credit, and opine on discrepancies in LC presentations.
- Apply technical expertise, with CAMS certification
- Possess expert knowledge of U.S. regulations such as BSA/AML, OFAC, Anti-Boycott, and Export Controls.
- Analyze processes, identify opportunities for improvement, and influence internal partners to implement changes.
- Operate effectively in a complex, high-pressure, highly regulated environment in support of high-risk processes.
