Officer, Trade Finance Services Specialist I, Global Wholesale Banking Technology & Operations recruitment

Overview

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Job Description

Job Description

- Perform a variety of somewhat complex technical and analytical functions related to trade financing and servicing.

- Execute supply chain finance transactions and ensure all relevant program parameters are met.

- Typical responsibilities include reviewing and approving trade finance transactions for bank and regulatory compliance requirements and acceptability of terms and conditions.

- Issue and/or approve issuance and negotiation for import and export letters of credit for final payment.

- Issue and/or approve standby letter of credit and demand guarantee.

- Develop, review and update of operating procedures.

- Participate in a variety of trade related projects and act as a Subject Matter Expert.

Requirements

Required skills

- University graduate, preferably Bachelor's degree in Business Administration.

- Excellent knowledge in trade products and all round expereince in trade operations. Preferably with 2 years experience in trade operations at supervisory level.

- Excellent knowledge in ICC Uniform Rules (UCP600, URC522, URR725, ISBP), Compliance - OFAC, AML, KYC, etc.

- Strong communication, analytical and presentation skills.

- Fluent in spoken and written English, Mandarin Cantonese.

Desired skills

- Strong sense of responsibilities and ownership, proactive, detail-conscious, well organized, self-motivated, client focus and global mindset.

- A team player and willing to work under presssure and attend early and late meetings with global teams; ability to manage a variety of responsibilities and prioritize effectively.

- Knowledge in Microsoft Office applications - Excel, Word, PowerPoint, Visio.