layiq
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Loading LAYIQ…Job opportunity
Santa Clara, California
Source: First Citizens Bank careers · View original posting
From First Citizens Bank's posting. “We” and “our” refer to the employer.
Overview
This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office.
Advising, Confirmation, Negotiation/Examination and Settlement of Letter of Credit (LC); and Documentary Collections.
Reports directly to the Director, Trade Finance; possesses letter of credit and documentary collection expertise; performs client facing and consulting roles; develop and maintain transaction client relationships; provide advisory services to clients in the structuring and development of documentary requirements; identify and mitigate all associated and related risks; resolve problem issues and provide solutions; assist clients in the proper preparation of documents for settlement submission; examine and negotiate documents for
compliance to letter of credit terms and conditions; facilitate the forwarding of documents to foreign banks for furtherance of the payment collection process; offer and facilitate financing by employing bills discounting and bills purchasing product methodologies; settle and pay letter of credit and documentary credit bills; identify, assess, monitor screening, investigate, escalate and make disposition about compliance matters in relation to OFAC Sanctions, BSA/AML Transaction Monitoring, BIS Anti-Boycott Regulations; establish,
manage and maintain partner bank relationships; provide client and regulatory reporting and data; educate, guide and collaborate with internal and external stakeholders on trade finance products; and develop and maintain visibility in the trade finance industry.
LAYIQ is an independent job-discovery service. This listing does not imply a partnership with or endorsement by the employer. Review the original posting for current details and availability.
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