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Trade Finance Services Specialist II - Lake Oswego - OR

AT Bank of America
Bank of America

Trade Finance Services Specialist II - Lake Oswego - OR

Lake Oswego, OR

Job Description:

Enterprise Description: Performs a variety of technical and analytical functions related to trade financing and servicing. Responsibilities include researching, analyzing, and resolving trade documents that require specialized, sensitive, and/or exception handling; evaluating acceptances, issuances, amendments, and negotiations for import/export, standby and government letters of credit and bankers acceptances; reviewing, analyzing and negotiating letters of credit documents; issuing commercial and stand-by letters of credit, amendments, transfers and requests to pay; approving payments, collections and reimbursements. Works under established operating procedures and precedents. Requires a full working knowledge of trade finance operations and documentation. Individuals typically have 3-5 years of experience with 1-3 years Trade experience preferred.

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Position located on-site in Lake Oswego - OR

Parking: Any applicable fees at employee's own expense.

Line of Business Description: The role is part of the Global Trade Operations group. The position will work under established operating procedures and precedents. Responsibilities include, but are not limited to:

  • Performs a variety of technical and analytical functions related to trade financing and servicing
  • Researches, analyzes, and resolves trade documents that require specialized, sensitive, and/or exception handling
  • Evaluates issuances, amendments, and negotiations for export letter of credit payment requests
  • Provides client servicing for both Export Letter of Credit clients
  • Provides client servicing and operational support for extended processing teams/sites
  • Prepares and reconciling daily and monthly reports; accurate capturing of production volumes.
  • Works under established operating procedures and precedents.

Individuals typically have 3-5 years of experience with 1-3 years Trade experience preferred.

Qualifications

Required Skills and Experience

  • Demonstrated excellent communications and workflow management skills
  • Must have prior/current Client servicing experiencing
  • General ability to use office applications such as Word, Excel , and PowerPoint
  • Ability to work in a team environment as well as independently with little supervision
  • Excellent communication skills (both verbal & written) and active listening skills
  • Strong mathematic/accounting skills

Desired Skills and Experience

  • Experience with letters of credit and familiarity with UCP 600 a plus.
  • Knowledge of trade finance operations and documentation highly desired.

Additional Competencies and Behaviors:

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
  • Excels in working among diverse viewpoints to determine the best path forward.
  • Experience in connecting with a diverse set of clients to understand future business needs -is a continuous learner
  • Commitment to challenging the status quo and promoting positive change.
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.

Shift:
1st shift (United States of America)

Hours Per Week:
40

Client-provided location(s): Lake Oswego, OR, USA
Job ID: BankOfAmerica-JR-25022421
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA
    • HSA
    • On-Site Gym
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Sabbatical
  • Financial and Retirement

    • Performance Bonus
    • Company Equity
    • 401(K) With Company Matching
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Tuition Reimbursement
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program