Trade Finance Transaction Coordinator
4 days ago
We are currently interviewing for a Medical Operations Analyst position, which offers a salary range of $120,000 - $140,000 per year, depending on experience. The role will be located in Jersey City, NJ and will involve hybrid work arrangements.
The ideal candidate will have 10+ years of experience in Trade Finance operations, including superior knowledge of Uniform Customs and Practices for Documentary Credits (UCP 600), International Standby Practices (ISP98), and familiarity with Uniform Commercial Code Article 5. They will also have expertise in drafting technical letter of credit terms and conditions for both standby/documentary credits.
Responsibilities
- Transaction processing of all Standby letter of credit, Guarantee and Documentary letter of credit trade finance products offered by us within the operational model in place at any given time.
- Examination of default drawing and direct pay presentations (includes first or second examination function).
- Issuance and maintenance of Documentary Letters of credit.
- Drafting (redlining) technical terms and conditions language to ensure proper construction of standby letters of credit, guarantees and documentary letters of credit.
- Reviewing transactions for regulatory compliance and anti-boycott violations.
Requirements
- 10+ years of experience in Trade Finance operations.
- Superior knowledge of Uniform Customs and Practices for Documentary Credits (UCP 600), International Standby Practices (ISP98), and familiarity with Uniform Commercial Code Article 5.
- Expertise in drafting technical letter of credit terms and conditions for both standby/documentary credits.
- Microsoft Office Suite skills.
- Familiarity with bank accounting related to trade finance products.
What We Offer
- Competitive salary range of $120,000 - $140,000 per year.
- Health insurance (medical, dental, vision).
- 401(k) plan.
- Paid sick leave (depending on work location).
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