Trade Finance Specialist

<p>Job Purpose: Manage a team of Process 4 direct reports. Process all Trade Finance transactions in a timely and accurate manner and in accordance with all applicable rules such as UCP, ISP, URC, as well as any compliance regulations that apply to Trade Finance transactions.</p><p><br></p><p>Responsibilities:</p><ul><li>Standby Letters of Credit (LCs)- review and release of any new Standby LC and amendment. Review and release customer billings and ensure follow-up until settlement. </li><li>Import and Export Letters of Credit (LCs)- review and release of new LC and amendment advice. Review and release Import LCs. Second examination for shipping documents for Import LC. Review and release payments/acceptances.</li><li>Outward Documentary Collection- review and release outward documentary collection. Review and release payments/acceptances.</li><li>Bank to Bank Reimbursement- review and release reimbursement authorization, irrevocable reimbursement undertaking or claims.</li><li>Account Reconciliation- perform daily monitoring to Account Payable/Receivable and any suspense account, as well as any required monthly reconciliation.</li><li>Compliance Due Diligence/Reporting</li><li>Provide support to the front office and perform investigations when needed.</li></ul><p><br></p><p>Experience- 10+ years</p><p><br></p><p>Knowledge/Skills</p><ul><li>Understanding of accounting principles</li><li>Excellent communication and time management skills</li><li>Reliable, customer focus attitude with a strong sense of teamwork</li><li>Management and team leading Skills</li></ul>