Trade Finance Operations Analyst
Job Location:
Jersey, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
14 days ago
Vacancies:
1 Vacancy
Job Summary
Job Title: Trade Finance Operations Analyst
Job Location: Jersey City NJ 07311
Job Duration: 6 months of contract
Kindly send me your most updated resume
Job Summary:
Job Location: Jersey City NJ 07311
Job Duration: 6 months of contract
Kindly send me your most updated resume
Job Summary:
- The Trade Finance Operations Analyst is responsible for supporting and enhancing Trade Finance Operations processes focusing on Letters of Credit and Documentary Collections.
- The role involves analyzing operational workflows identifying efficiencies ensuring accurate processing and supporting system and process improvements to maintain compliance and operational excellence.
Key Responsibilities:
- Analyze end-to-end Trade Finance operational processes including Import and Export Letters of Credit and Documentary Collections to identify gaps and efficiency opportunities.
- Support the processing of Import and Export Letters of Credit including issuance advising confirmations settlements and financing activities.
- Review and improve operational workflows to enhance accuracy turnaround time and risk controls.
- Collaborate with technology product and operations teams to support system enhancements and process automation initiatives.
- Participate in system testing (QA) and User Acceptance Testing (UAT) including preparation of test cases execution and issue resolution for trade finance platforms.
- Ensure all operational activities comply with ICC rules (e.g. UCP URC ISBP) internal policies and regulatory requirements.
- Maintain and update process documentation standard operating procedures and user guides.
- Support invoicing commission processing (advance and arrears) and daily accrual activities.
- Assist in managing syndicated Letter of Credit transactions and complex trade structures from an operational standpoint.
- Provide data analysis reporting and insights to support operational performance and decision-making.
- Support change management including communication and training for new processes and system updates.
- Bachelors degree required; Masters degree preferred.
- Proven experience in Trade Finance Operations with strong knowledge of Letters of Credit and Documentary Collections.
- Strong understanding of ICC rules (UCP URC ISBP) and trade finance regulatory requirements.
- Experience in process improvement operations analysis or workflow optimization.
- Strong attention to detail risk awareness and ability to operate in a high-volume control-focused environment.
- Familiarity with trade finance systems and operational workflows.
- Certificate for Documentary Credit Specialist (CDCS) is an advantage.
- Excellent analytical problem-solving and stakeholder communication skills.