Trade Finance Services Spec II - Scranton, PA

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.  

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Job Description:

Performs a variety of technical and analytical functions related to trade financing and servicing. Responsibilities include researching, analyzing, and resolving trade documents that require specialized, sensitive, and/or exception handling; evaluating issuances, amendments, and negotiations for import/export letter of credit payment requests; providing client servicing for both Import and Export Letter of Credit clients; providing client servicing and operational support for extended processing teams/sites; preparing and reconciling daily and monthly reports; accurate capturing of production volumes

LOB Description:

Global Credit Operations: Responsible for the fulfillment, servicing and protection of credit offerings for business banking, Global Wealth & Investment Management (GWIM), commercial and corporate clients as well as leasing and trade products.

Responsibilities:

• Processes transactions related to various Trade Finance products and performs support and servicing functions, such as problem resolution and exception handling for clients and business partners

• Communicates complex data and information clearly and effectively to clients and business partners

• Performs a variety of technical and analytical functions related to trade financing and servicing including researching, analyzing, auditing, tracing

• Resolving Trade Finance documents that require specialized, sensitive, or exception handling

• Manages risk by ensuring transactions are handled efficiently and proactively, identifying and escalating potential risks

• Develops capabilities and competencies through self-study or participation in trainings on system enhancements

Minimum Qualifications:

• Minimum of 1 year Trade experience, Wire payment, Letters of credit

• Minimum of 1 year knowledge of trade finance operations and documentation

• Willingness to learn

• Willingness to work in a team environment as well as independently with minimal supervision

• Proficient in Microsoft Suite, PowerPoint, Excel

Skills:

• Attention to Detail

• Customer and Client Focus

• Recording/Organizing Information

• Adaptability

• Collaboration

• Prioritization

• Analytical Thinking

• Oral Communications

• Problem Solving

• Research

Shift:

Hours Per Week: