Trade and Working Capital Operations - Associate

Job Description
You are a strategic thinker passionate about driving solutions. You have found the right team
As an Associate in the Trade & Working Capital operations team, you will focus on developing and delivering business solutions related to the trade finance products offered by banks. You will handle transactions such as import & export bills, foreign bill collection, banker's acceptances/reimbursements, and letters of credit. You will also provide transactional-based expertise to the business to ensure accurate and timely conduct in accordance with ICC guidelines, bank procedures, and trade finance policy manual. This role provides an opportunity to deepen your understanding of risk management, transaction processing, retail banking, wholesale banking, trade settlements, and trade processing.
Job Responsibilities

• Handle and turn around transactions within the agreed SLA
• Maintain and update Standard Operating Procedures (SOP) as and when changes occur
• Drive efficiency by implementing various best practices and continuously seek out for opportunities to improve efficiencies
• Solve routine problems, largely through precedent and referral to general guidelines. Interaction is within own team and direct supervisor. Detailed instructions on all tasks will be provided at this role with close supervision
• Engage in new deals, attend project management calls and drive smooth migration
• Ensure effective adherence to internal policies and other regulatory requirements in the day to day operations

Required qualifications, capabilities and skills

• Should be a Graduate and have minimum of 10 years experience in Trade Finance Operations handling Payments and Supply chain financing (SCF)
• Should have thorough knowledge of ICC Rules used in Trade Finance viz UCP 600, ISBP, ISP, URR and URC
• Should have good knowledge on Anti-Boycott and OFAC Regulations
• Should have good knowledge in handling payment messages MT103, MT202, MT101
• Should have experience in handling reconciliation of different accounts
• Should have experience in handling entries for trade payments (Nostro, Wash, SAP, etc..)
• Additional certifications in Trade finance Certified Documentary Credit Specialist (CDCS) conducted by IFSA London
• Should have a positive attitude towards work and willing to learn and contribute to the business
• Must have the ability to work efficiently across the organization, cross-functional teams and multiple stakeholders
• Technological orientation with proficiency in Microsoft Word, Excel, and PowerPoint

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.