Trade Finance Product

Job Description:Trade Finance VP - Execution&Delivery

Location: NYC(Hybrid)

Main responsibilities of the VP will be to assist the Execution&Delivery team to service, monitor and maintain Global Transaction Banking Americas (GTBA) New York's trade finance portfolio in support of North American Banking (NAB) and other business unit clients, keep track of outstandings and collateral, liaise with correspondent global financial institutions, assist structuring ofdocumentary and standby letters of credit includingback-to-back SBLCs and Bank Guaranteesand letter of credit confirmations, assist in negotiating documentation with clients, correspondent banks and our branchesin conjunction withLegalUnit.

This position also requires assisting theTradeFinance account officers with the processing and monitoring of the LC portfolio activity, daily operations, pricing models and Return on Risk Assets (RORA) schedules, and assisting with the processing ofLoansandLettersofCredit activity as needed.

Roleand Responsibilities:

• To be one of GTBA's primary points of contact forinquiriesregardingtrade finance products,including but not limited toLetter of Credit issuances,LC confirmations, Forfaiting and L/G Risk Participations. Act asa secondarycontactfor Supply Chain Finance, receivable purchasing (Invoice Discount Finance) andTrade Loans. Assist in the promotion, origination, structuring, negotiating and execution of the above productsand others,as needed.

• Coordinate and cooperate withcolleaguesin other divisions for marketing, credit applications,administrationand execution of deals.

• Pursue any necessary research and basic analyticswith regard torisk analysis, financial statement analysis and cash flow modeling, if required for assessing the risk of the products noted above, and/or with relationtoTradeFinance clients.

• Assistthe corporate banking departmentsas needed in the preparation of credit applications and other internal documents as well as obtaining appropriate internal approvals in a timely manner for transactions to be pursued, including customer registration, KYC, credit rating and other system registrations required in preparing credit applications.

• Work collaboratively across teams,includingbut not limited toSales, Credit,Legal,Compliance andOperations.

• AssistCorporateand FI Clients,RelationshipManagers and Sales/Structuringteam in drafting/reviewingofDocumentary andStandby Letters of Credit and preparation of LC applications.

• Prepare and maintain outstandingLoan andLetter of Creditactivityreports.

• Assist Relationship Managers in the marketing ofLetters of Credit and other trade finance products.

• Assist as needed innegotiatingLetter of CreditReimbursement Agreements.

Experience/qualifications:

• Bachelor’s Degree(businessadministration, finance);

• Minimum5years of experience in Trade Financeproducts and flows, specificallyStandbyLetters of Credit(Trade, Performance, Advance Payment, Bid)andparticipations,Bank Guarantees,Documentary Letters of Creditand other ContractBonds;

• Trade finance expertise (goodknowledge of UCP600, ISP98 and URDG 758);

• Experience working with Front Office interfacing withcorporateclients;

• Ability to acquire a basic understanding of Credit Risk Analysis and Financial StatementAnalysis;

• Negotiating experience with related parties with SBLC/BGs texts and relatedagreements;

• Structuring experience to optimize SBLC/BG back-to-back issuances for clientrequirements;

• Proficientin MS Word and MS Excel. Must have the ability to learn other bank systems, asneeded;

• Very good written and verbal communicationskills;

• Empathy and a genuine concern for others, listening skills; and

• Detail oriented, flexible, team player.