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Trade Finance Specialist

Job

Bank ABC

West New York, NJ (In Person)

Full-Time

Posted 2 weeks ago (Updated 4 days ago) • Actively hiring

Expires 7/20/2026

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Job Description

Trade Finance Specialist at Bank ABC Trade Finance Specialist at Bank ABC in West New York, New Jersey Posted in 14 days ago.
Type:
full-time
Job Description:
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.
Responsibilities:
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. 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. Outward Documentary Collection
  • review and release outward documentary collection. Review and release payments/acceptances. Bank to Bank Reimbursement
  • review and release reimbursement authorization, irrevocable reimbursement undertaking or claims. Account Reconciliation
  • perform daily monitoring to Account Payable/Receivable and any suspense account, as well as any required monthly reconciliation. Compliance Due Diligence/Reporting Provide support to the front office and perform investigations when needed. Experience
  • 10+ years Knowledge/Skills Understanding of accounting principles Excellent communication and time management skills Reliable, customer focus attitude with a strong sense of teamwork Management and team leading Skills