Trade and Working Capital Operations - Associate

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

Job Responsibilities:
 

• Should have thorough knowledge & ensure transactions are processed as per JPM policies as well as ICC Rules used in Trade Finance
• Should have good knowledge on Anti-Boycott and OFAC Regulations.
• Should have good knowledge in handling payment messages
• Should have experience in handling reconciliation of different accounts
• Monitor queues and assignment of transaction to the team including pending follow-up
• Should handle and turn around transactions within the agreed SLA.
• Standard Operating Procedures (SOP) followed for the process should be maintained and updated as and when changes occur
• Drive efficiency by implementing various best practices and continuously seek out for opportunities to improve efficiencies.
• Actively engage in new deals, attend project management calls and drive smooth migration
• Should ensure effective adherence to internal policies and other regulatory requirements in the day to day operations.

Required qualification, skills and capabilities:

• 1-3 years 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
• Excellent Oral, Written & Presentation skills
• Project Management
• CDCS & CITF certifications will be an added preference
• Ability to operate in a complex, high-pressure, highly regulated environment in support of a high risk processes.

JPMorgan Chase & Co., 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.