Trade Finance Services Specialist II - Lake Oswego OR
Bank of America
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. Position located on-site in Portland, OR Parking: Any applicable fees at employee’s own expense. 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 issuances, amendments, and negotiations for export letter of credit payment requests Provides client servicing for both Export 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. Individuals typically have 3-5 years of experience with 1-3 years Trade experience preferred. Qualifications 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 a plus. Knowledge of trade finance operations and documentation highly desired. Additional Competencies and Behaviors 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. Shift 1st shift (United States of America) Hours Per Week 40 #J-18808-Ljbffr Bank of America
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