Trade Finance Associate Job Listing at Valley Bank in New York, NY (Job ID 24-446)

Description

Responsibilities include but are not limited to:

• Transaction processing of all events related to Letter of credit products in the Commodity Finance Business Line and working in an automated letter of credit processing environment.
• May draft (redline) technical terms and conditions for Standby and Documentary Letters of credit issued and advised/confirmed related to Commodity Finance Transactions.
• Transaction processing of all Non-Commodity Trade Finance Advising/Confirming Documentary (Export Letters of credit), ensuring that all transactions are completed within the set timeframes/deadlines established by Trade Finance Management.
• Processing of written correspondence and verbal communications with internal and external customers associated with the resolution of technical letter of credit construction subject matter and other associated extraordinary processes.
• First/second examination and payment of documents presented under Letters of Credit issued.
• Work with customers and beneficiaries of letters of credit for the resolution and proper actions of discrepancies found in documentary presentations.
• Reviewing transactions for regulatory compliance and anti-boycott violations.
• Processing all aspects of Incoming (Import) and Outgoing (Export) Documentary Collections.
• May provide or assist with first level Trade Advisory services to Customers and internal Business Lines related to the Commodity Finance Business Line.