Job #: 2372
Title: Trade Financial Associate
(1) General Duties
Examine documents stipulated in the letter of credit
Approach applicant for waiver of discrepancies
Record transaction detail to General ledger and the banks letter of credit system
Apply/Receive/Record appropriate fees and commissions
Liaison with account officers, customers and correspondent banks to settle all documents
Input SWIFT/Payment message related to the daily processing of the documents
Maintain office file
Issuance, amendment and advising and commercial letters of credit, and check the letter of credit application and letter of credit terms for compliance with international governing rules [UCP, ISP98, Incoterms, U.S. Regulatory matters].
Support internal audit
General duties such as copy, scan, mail, shred
Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Compliance Division. Attend Annual Compliance Training presented by the Americas Compliance Division. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank’s “Code of Conduct”.
Designated as person responsible for reporting potentially prohibited transaction(s) (OFAC related) upon detection.