Trade Finance Analyst Apply
Video
Hybrid
NO H1
SSN
DOB
Prefer Locals
Our top banking client is seeking a Trade Finance Analyst to join their team in Jersey City, New Jersey. This position will join the Banks Settlement Operations Group. This is an on-site position out of Jersey City, NJ, for the first 6-months and then will become hybrid (1-day a week on-site).
Responsibilities:
- Team Leadership:
- Manage and lead the Trade Operations team, fostering a collaborative and high-performing work environment.
- Motivate and develop team members, providing ongoing coaching and training.
- Set clear goals and objectives for the team and ensure alignment with departmental and company-wide strategies.
- Track team performance against targets and metrics, implementing corrective actions when necessary.
- Trade Operations Management:
- Oversee daily controls and processes related to all trade operations transactions.
- Ensure strict adherence to trade finance regulations, including ISP98, UCP 600, URC 522, OFAC, EAR, and anti-boycott compliance.
- Review and approve Letters of Credit (L/C) documents, performing a second check for accuracy and completeness.
- Process and release payments in tranches according to trade finance agreements.
- Reporting & Analysis:
- Prepare comprehensive and accurate quarterly and annual reports for the Trade Finance department.
- Analyze trade operations data to identify trends and areas for improvement.
- Develop and implement strategies to optimize trade finance processes and increase efficiency.
Qualifications:
- Bachelor's degree in Finance, International Trade, or a related field (preferred).
- Minimum 5 years of experience in trade finance operations, with a proven track record of success in managing a team.
- Strong working knowledge of trade finance products, instruments, and regulations, including ISP98, UCP 600, URC 522, OFAC, EAR, and anti-boycott compliance.
- Experience with trade finance systems and software.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Excellent communication and interpersonal skills, with the ability to effectively lead and motivate a team.
- Ability to work independently and as part of a team in a fast-paced environment.
