Job Description:

·        Enterprise Description:  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. Individuals typically have 3-5 years of experience with 1-3 years Trade experience preferred.

 

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.

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Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CA - Los Angeles - 333 S HOPE ST - BANK OF AMERICA PLAZA (CA9193)

Pay and benefits information

Pay range

$24.00 - $33.64 hourly pay, offers to be determined based on experience, education and skill set.

Predictable pay

This role is compensated with a base salary and is not incentive eligible.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.