What are the responsibilities and job description for the Trade Finance Operations Analyst position at Global Technical Talent, an Inc. 5000 Company?
Job Title: Trade Finance Operations Analyst
Contract Duration: 12 Months
Pay range $30 - $34/hr
Work Type: Hybrid (currently 2-3 days on site, subject to change)
Location: New York City, NY
Schedule: 9 am - 5 pm, Monday-Friday
Candidate Value Proposition
Typical Day in Role
Candidate Requirements/Must Have Skills:
Soft Skills:
Nice-To-Have Skills:
Degrees or certifications:
Note:
About the Company:
About GTT
Contract Duration: 12 Months
Pay range $30 - $34/hr
Work Type: Hybrid (currently 2-3 days on site, subject to change)
Location: New York City, NY
Schedule: 9 am - 5 pm, Monday-Friday
Candidate Value Proposition
- The Trade Finance Operations Analyst will have the opportunity to work for a leading financial institution and build experience in trade finance.
Typical Day in Role
- The Trade Finance Operations Analyst will handle end-to-end processing of Standby Letter of Credit transactions, e.g., issuances, amendments, advises, confirmations, claims, examination of documents, payments, transfers, assignments of proceeds, billing, etc., in Trade360, BESS, LIQ, and CorrRisk systems within authorized limits assigned.
- Trade Finance Operations Analyst will ensure all activities and transactions are processed in accordance with the Bank's Standard Operation Procedures and Trade Finance Anti-Money Laundering/Anti- Terrorist Financing and Sanctions Pre- Transaction Due Diligence Procedures as well as U.S. laws/regulations, OFAC, Anti-Boycott, other compliance regulations and international trade practices.
- Ensure transactions are executed in a timely and accurate manner, in adherence with established Service Level Agreements
- Prepare and review Standby Letters of Credit drafts to respond to drafting requests from clients, and Sales/Execution teams, ensuring that language is in accordance with the Bank's procedures, international standby and industrial practices, as well as compliance and legal requirements
- Respond promptly and effectively to requests, concerns, and complaints from customers, other TSCs, the TSU, and Sales/Execution teams in order to propose workable solutions
- Handle daily and monthly reconciliations between certain systems and resolve discrepancies in a timely manner
- Handle the billing process of GWO LoanOps for out-of-pocket expenses related to SBLC transactions of corporate clients.
- The Trade Finance Operations Analyst will handle investigations to respond to inquiries from clients, Sales/Execution, and the GWO LoanOps team etc.
- Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
- Champion a high-performance environment and contributes to an inclusive work environment.
Candidate Requirements/Must Have Skills:
- 1- 3 years of banking experience in Trade Finance operations
- Knowledge of International Banking and Trade Finance operations
- Working knowledge of ISP98, UCP600/ISBP
- Excellent skills in Word, Excel, Adobe Acrobat, etc.
- Experience with SWIFT messages related to Trade Finance transactions
Soft Skills:
- High level of attention to detail and ability to prioritize tasks
- Strong written and verbal communication skills
- Good interpersonal skills with the ability to work in a team
- Ability to remain calm and effective during high-pressure situations
Nice-To-Have Skills:
- Working knowledge of the T360, BESS, LoanIQ, CorrRisk, TLM, and GTX systems is a plus
- CDCS is a plus
Degrees or certifications:
- Bachelor's degree in business/accounting preferred
Note:
- The listed soft skills are important in communicating with clients, and the ability to work with time-sensitive situations will help the incumbent perform well.
- The best candidates would have strong experience with Trade Finance operations.
- Medical, Vision, and Dental Insurance Plans
- 401k Retirement Fund
About the Company:
- Leading Canadian bank offering a wide range of financial services. Committed to employee development, innovation, and performance-based rewards. Join our team and embark on a rewarding career journey.
About GTT
- GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. As a Native American-owned, economically disadvantaged corporation, we highly value diverse and inclusive workplaces. Our clients are Fortune 500 banking, insurance, financial services, and technology companies, along with some of the nation's largest life sciences, biotech, utility, and retail companies across the US and Canada. We look forward to helping you land your next great career opportunity!
Salary : $30 - $34
