Trade Finance Vice President

Bank in Midtown, Manhattan is seeking a Trade Finance VP for a full-time role!

Responsibilities:

• Ensure accurate and smooth operation of Trade Finance business


• Take proactive responsibility for preventing compliance and other risks in Trade Finance business as the 1st Line of Defense.


• Input or counter-checking the documents for bills operation. Perform technical review of Letter of Credit.


• Execute the relevant daily verification and authorization activities in GDMS for the trade service transactions processed by the Trade Services Clerk.


• End of day-Ensure that all trade transactions in GDMS have been duly authorized and completed and all SWIFT messages have been duly sent out.


• Obey and follow the international trade regulations and compliance standards


• Review, or counter-checking the SBLC templates. Perform technical review and document examination of Letter of Credit to ensure strict compliance.

Qualifications:

• Bachelor's Degree


• 5+ years experience in trade finance or related banking operations functions


• Familiar with various related International Practices: “Uniform Customs and Practice for Documentary Credits 600”; “International Standby Practices ISP98” & URDG 758; “ICC Uniform Rules for Collections (522)”; “URR 725”, etc.


• Experienced in handling and prioritizing multiple tasks.


• Experienced in problem identification and solving.


• Familiar and experience with MS Office system (especially PPT, Excel, Word, etc.)