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PNC Financial Services

Runs a national bank for people and businesses

International Trade Services Specialist - Standby Letter of Credit

Retail & Commercial BankingConfirmed live in the last 24 hours
Full-timePittsburgh, PA, USANo salary listed

About the Job

Requirements

  • Typically requires 4+ years of related business or functional experience.
  • Roles at this level typically require an associate degree or equivalent, as well as related experience or product knowledge; an equivalent combination of education, job-specific certifications, and experience, including military service, may be considered instead of a degree.
  • Candidates should have experience with the Standby Letter of Credit process, or demonstrate exceptional attention to detail, strong written communication skills, and the ability to interpret, draft, structure, and review complex legal documents.
  • Ability to interpret legal language, identify risk, draft language, and review document accuracy.
  • Understanding of risk mitigation, financial transactions, and documentation controls.
  • Attention to detail, exception identification, policy adherence, and risk evaluation.
  • Experience reviewing large volumes of complex documentation with high accuracy requirements.
  • Understanding of international transactions, documentation requirements, and regulatory considerations.
  • Knowledge of customer values and practices that align customer needs and satisfaction with business decisions and support customized customer solutions.
  • Ability to assess and effectively manage risks associated with business objectives and activities in alignment with PNC's Enterprise Risk Management Framework.

Responsibilities

  • Utilize international trade-specific procedures, rules, guidelines, and regulations.
  • Evaluate and execute moderate to complex transactions, or provide onboarding assistance for trade products.
  • Approve international trade services transactions and processes; may have responsibility for one or more specialized products or functional areas.
  • Process and/or consult on moderate to complex trade transactions of varying risk and financial value in accordance with procedures, rules, guidelines, and regulations.
  • Identify and address exceptions and escalated items.
  • Interact with internal and external stakeholders to complete transactions.
  • May assist with training and coaching new hires.
  • Administer the trade compliance program across trade transactions and escalate as necessary to mitigate bank risk.
  • May work with international sales on regulatory compliance, legal matters, and customer-related documentation.
  • Consult with internal and external stakeholders on moderate to complex transactions.
  • Respond to inquiries and ad hoc requests and provide documentation for all international trade products.
  • May assist with onboarding new clients.
  • Perform secondary review of basic to moderate transactions and related documents.
  • Verify that work processes are complete, accurate, and conform to established service levels and applicable policies and procedures.
  • May review reports to process transactions or monitor new customer onboarding.

Desired Qualifications

  • Prior experience in legal and contractual work, international trade, import and export, international payments, global trade, banking and credit, compliance and risk, or document-intensive industries.
  • Experience with Standby Letter of Credit, UCP 600, and ISP98 is a plus.
  • Preferred skills include accountability, customer solutions, ensuring compliance, international trade operations, legal assistance, letters of credit, personal initiative, process improvements, results orientation, risk mitigation strategies, standard operating procedures, and UCP 600.

About the Company

PNC Financial Services

Runs a national bank for people and businesses

PNC Financial Services runs one of the largest banks in America, serving households and businesses of every size through branches, apps, and corporate bankers. Acquisitions turned it from a regional lender into a coast-to-coast bank, notably its purchases of National City during the 2008 financial crisis and BBVA USA in 2021. Consumers keep checking and savings accounts, such as Virtual Wallet with its built-in budgeting tools, and take out mortgages and credit cards, while companies borrow and manage cash through PNC. It earns most of its money on the gap between loan interest and deposit costs, and the rest from fees. PNC traces its roots to a savings bank founded in 1845 and is based in Pittsburgh, Pennsylvania.

Company size
10,001+
Company stage
IPO
Headquarters
Pittsburgh, PA
Founded
1845

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