Trade Finance Services Specialist I - Scranton, PA
Bank of America
Trade Finance Services Specialist I - Scranton, PA
Scranton, Pennsylvania
**Job Description:**
Performs a variety of somewhat complex technical and analytical functions related to trade financing and servicing. Typical responsibilities include reviewing and approving trade finance documents for bank and regulatory compliance and acceptability of terms and conditions; negotiating standard import/export letters of credit for final payment and settlement, analyzing issuances and amendments of import/export letters of credit and bankers acceptances; issuing commercial and stand-by letters of credit and related documents and interpreting and clarifying terms and conditions of trade finance documents for customers. Individuals typically have 3-5 years of experience with 1-2 years of banking, customer service, or Trade experience preferred.
*Work Schedule: 9:30am - 6:00pm (Monday - Friday)
Required Skills and Experience:
+ Detail-oriented individual with strong organization skills who is willing to be flexible and apply logic to changing, competing situations and deadlines.
+ Effective written and verbal communication skills required.
Desired Skills and Experience:
+ Some experience as a letter of credit or trade specialist familiar with ISP 98 and/or UCP 600, and legal and compliance regulations.
+ Knowledge of SWIFT, wire transfers and accounting entries is desired; foreign language competency also a plus.
+ College degree or comparable banking experience.
**Shift:**
1st shift (United States of America)
**Hours Per Week:**
40
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