Bank of America is looking to solve issues related to trade financing and servicing by performing technical and analytical functions to ensure compliance, accuracy, and efficiency in processing trade finance documents and transactions.
Requirements
- Individuals typically have 1-2 years of banking, customer service, or Trade experience preferred.
- Some experience as a letter of credit or trade specialist
- Knowledge of SWIFT, wire transfers, GSS and accounting entries is desired
- Client Servicing experience
- Analytical Thinking
- Research
- Problem Solving
Responsibilities
- performing technical and analytical functions related to trade financing and servicing
- reviewing, approving, and servicing trade finance documents for bank and regulatory compliance and acceptability of terms and conditions
- completing daily transaction approval or handling client inquiries to ensure accuracy and timeliness
- analyzing and clarifying terms and conditions of trade finance documents
- handling and reporting escalation of irregular or suspicious transactions
- Supports the processing of transactions related to various Trade Finance products and performs support and servicing functions, such as problem resolution and exception handling for clients and business partners
- Performs technical and analytical functions related to trade financing and servicing including contributing to researching, analyzing, auditing, tracing, and resolving Trade Finance documents and performing regular monitoring on the processing or risks
Other
- Detail-oriented individual with strong organization skills who is willing to be flexible and apply logic to changing, competing situations and deadlines
- Effective written and verbal communication skills
- Ability to handle multiple complex inquiries/investigations simultaneously
- Foreign language competency a plus
- College degree or comparable banking experience
