The Trade & Working Capital operations team focuses on developing & delivering business solutions related to the trade finance products offered by banks, including transactions such as import & export bills, foreign bill collection, banker's acceptances/reimbursements, letters of credit and open account trading. The team also provides transactional-based expertise to the business to ensure accurate and timely conduct in accordance with ICC guidelines, bank procedures & trade finance policy manual. The role requires a good understanding of risk management, transaction processing, retail banking, wholesale banking, trade settlements and trade processing.
As a Global Trade & Working Capital - Associate within the Trade & Working Capital operations team, you will focus on developing and delivering business solutions related to the trade finance products offered by banks. You will ensure accurate and timely conduct in accordance with ICC guidelines, bank procedures, and trade finance policy manual. This role provides an opportunity to deepen your understanding of risk management, transaction processing, retail banking, wholesale banking, trade settlements, and trade processing.
Job Responsibilities:
• Processing/Releasing Import LC Issuance, Export LC Advising/Confirmation & Document Checking of Import LC for our global clients
• Ensure the transactions are processed as per JPM policies as well as ICC Rules
• Ensure all transactions assigned to the team are completed with utmost quality as per agreed SLA
• Monitor queues and assignment of transaction to the team including pending follow-up
• Identify any red flags/OFAC regulatory issues/AML & Boycott language breach in the transaction and escalate for review
• Conduct daily huddles and meetings to pass on any process related updates
• Co-ordinate with our ops partners globally to manage the work
• Planning & managing Leaves & daily volume priorities
• Drive the goals setup by the Trade & Working Capital Management
• Create an inclusive environment for all employees
• Share regular & constructive feedback with your downs
Required qualification, skills and capabilities:
• At least 1 year of experience in managing a team
• Subject Matter Expertise in the LC Issuance/Advising/Confirmation & Document checking process
• Queue Monitoring, Work Allocation and Prioritization
• Willing to go above & beyond to ensure timely delivery
• Understanding of US Regulations & OFAC Compliance
• Project Management
Preferred qualification, skills and capabilities:
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.