Trade Finance Intermediate Specialist

Are you a Trade Finance Intermediate Specialist who is looking to join one of the top companies within the Banking Industry?

Are you looking to further your career and grow?

Do you have experience in one or more product areas within Trade Finance/Financial Services?

If you answered yes to those three questions, then apply today!

Acara Solutions is seeking highly qualified candidates to work Onsite with our client in New York, NY. Interested?

Here's what you'd do:

• The Trade Finance Intermediate Specialist within the Credit Administration team is a mid-level position with direct responsibility for the processing of Commercial Letters of Credit, Standby Letters of Credit and Bank Guarantees under approved Credit facilities, as well as Documentary Collections in support of the firm's business lines.
• S/he is a subject matter specialist typically dealing with moderately complex issues as they relate to his/her area of focus.
• Tasks include processing transactions in accordance with ICC Rules and with client Credit and Compliance Policies in mind, authenticating client instructions, data processing, reporting, reconciliation, faxing, e-mailing, filing and communicating with other departments, operations groups, account managers and clients.
• This position will also contribute to projects.
• Transaction Processing
  1. Process transactions such as Commercial Letters of Credit, Standby Letters of Credit and Bank Guarantees under approved Credit facilities as well as Documentary Collections
  2. Manage daily volume.
  3. Perform intraday and end-of-day reconciliation of daily work
  4. Help to ensure all deadlines and requirements are being met
• Client Service
  1. Provide superior client service
  2. Ensure timely response to internal and external requests
  3. Follow up on open inquiries
• Risk Management
  1. Help to Identify and document errors to reduce exposure.
  2. Process transactions in accordance with ICC Rules and with client Credit and Compliance Policies
  3. Interact with other client departments on the resolution of issues
  4. Communicate professionally and constructively to resolve issues to minimize risk and exposure effectively
• Gain efficiencies to improve individual productivity
• Contribute to Division or Firm process improvement activities.
• Assist in the development and production of monthly management reporting
• Assist team members with day-to-day activities when needed/providing backup.

Here's what you'll get:

• Pay rate: $20.69/hr
• Hours: 40 hours/week
• Length: Temp (6 Months)

Sound like a good fit?

APPLY TODAY

About Acara Solutions

Acara is a premier provider of recruiting and workforce solutions, and we help companies compete for talent. With a legacy of needs in various industries worldwide, we partner with clients, listen to them, and customize visionary talent solutions that drive desired business outcomes. We leverage decades of experience to deliver contingent staffing, direct placement, executive search, and workforce services worldwide.

• Bachelor's Degree in Finance or Accounting
• Minimum 6 Months of experience in one or more product areas within Trade Finance/Financial Services
• Minimum 6 Months of hands-on experience in Letter of Credit and Documentary Collection (Trade Finance) transaction processing

• Minimum 2 years of experience in Banking
• Minimum 2 years of Trade Finance experience
• Ability to perform technical responsibilities of the job with a high level of competence
• Aptitude for thorough and timely research, analysis, and resolution of a problem
• Ability to communicate professionally through effective verbal and written skills
• Demonstrates organizational skills and attention to detail.
• Ability to multi-task and effectively handle multiple assignments
• Ability to work in a team environment.
• Ability to meet deadlines and work under pressure.
• Proactive self-starter who is goal-oriented.

Additional Information:

• Upon offer of employment, the individual will be subject to a background check and a drug screen.
• In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.