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UBA America · 1 day ago

Trade Finance Operations Specialist

New York, NY

Full-time

Onsite

New Grad, Entry Level

$65K/yr - $70K/yr

UBA America is a financial institution specializing in trade finance services. The Trade Finance Operations Specialist is responsible for advising on letters of credit, processing payments, ensuring compliance with regulations, and preparing reports while maintaining high-quality transaction processing.

BankingFinancial Services

Hiring Manager

Jasmina De Renzi, MBA

Responsibilities

Accountable for job performance actions, which includes decision(s) impacting position responsibilities conforming to the bank’s risk appetite and tolerance levels as articulated in the bank's Risk Appetite & Tolerance Framework, mitigating violations or breaches to the bank’s risk appetite in the exercise of their empowerment and the achievement of desired job performance outcomes as directed by Management

Issues/Advises (Input) letters of credit, check documents both 1st and 2nd level, communicates discrepancies to the customers, liaises with the issuing banks, provides timely feed-back to customers and 1st checkers. Inputs payments & reviews work inputted by others Trade Finance (LC) Specialists

Ensures timely and accurate transaction processing by delivering high quality, error-free work, timely collection of fees

Follows-up pending transactions and perform investigations, as required

Ensures compliance of branch Procedures & Policies and carry out Compliance & Regulatory requirements relating to Trade Operations not limited to BSA/AML and review of red flags

Prepares daily, weekly, and monthly reports/reconciliation, as needed

Complies with all UBA America legal and regulatory requirements, adheres to the Branch’s Code of Conduct, attends regular periodic training on core Branch policies, and reports any known or suspected violations of the Code of Conduct and BSA/AML to UBA America management

Performs special assignments as requested by the Head, Operations and Supervisor, Trade Finance Services

Qualification

UCP knowledgeISBP knowledgeURR knowledgeURC 522 knowledgeMicrosoft OfficeMultitaskCommunication skillsAttention to detailTeam player

Required

Associate

Practical knowledge of UCP (latest version), ISBP, Incoterms, URR (latest version), URC 522 and other applicable regulations

Knowledge of Microsoft Office especially Word and Excel

Ability to communicate well, follow procedures and policies of the Bank, work under pressure, ability to meet deadlines, team player and an understanding to the concept of superior customer service

Ability to handle multiple tasks simultaneously, in a busy office environment

Ability to work overtime as needed

Attention to detail