Onsite International Banking Ops Associate – Trade Finance

Posted 56 minutes ago

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About the role

  • Responsible for processing Global Trade & Standby Services banking products at U.S. Bank. Examining documents related to letters of credit for commercial customers involved in import and export transactions.

Responsibilities

  • Responsible for supporting the processing of Global Trade & Standby Services (GTSS) and Foreign Exchange (FX) banking products at various stages of the transactions/trade’s life cycle
  • For GTSS specialization, product areas include Import/Export Letters of Credit, documentary collections, banker’s acceptances, and Standby Letters of Credit
  • FX product areas include International Remittance/Payments, Settlements, and Investigations
  • Facilitates the process with all parties involved on trade transactions, payments, settlements, and disbursements
  • Reviews, executes, and reconciles processing of transactions and related documents
  • Verifies work processes to ensure completeness and accuracy to established service levels, standard policies, and applicable procedures to ensure strict compliance with terms and conditions
  • Ensures the appropriate materials, documentation and capacity are available to complete transactions
  • Responsible for examining and processing documents related to letters of credit for commercial customers involved in import and export transactions
  • Supports the full lifecycle of letters of credit, including advising, issuing, and document examination in compliance with international trade rules (UCP 600, ISPP, ICC rules)

Requirements

  • High school diploma or equivalent
  • Five or more years of relevant work experience
  • Certification such as CDCS (Certificate for Documentary Credit Specialist) is highly valued
  • Strong knowledge of export/import/standby letters of credit and documentary collections
  • Familiarity with ICC rules, UCP 600, and related international trade regulations
  • Detail-oriented with strong decision-making skills and ability to handle complex documentation
  • Advanced knowledge of specific international banking products, payment services, foreign exchange and general bank operating policies and procedures
  • Strong problem-solving and client servicing skills
  • Ability to identify and resolve/escalate complex problems with minimal guidance
  • Effective verbal and written communication skills
  • Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Benefits

  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Job title

International Banking Ops Associate – Trade Finance

Job type

Experience level

JuniorMid level

Salary

$28 - $38 per hour

Degree requirement

High School Diploma

Location requirements

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