At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
**Job Description**:
Responsible for efficient operation of trade finance department, including advising L/C, collection, export/import document, bank guarantee, export/ import financing and Trade Loan. Provides the assistant checker and manager of trade finance department with the assistance in other areas of company activities as delegated. This role will also be part of Ops shared resources, and thus will be required to support other Ops areas other than Trade Ops
**Responsibilities**:
- Process document & Settlement for export /import/ documentary collection
- Process Bank Guarantee transactions
- Financing on export & import transactions
- Open & amend L/C Import
- Process L/C Advising, and Trade Loan.
- Debit Note process and register
- Client communication on transactions
- Update lodge book for export/import/BG transactions
- Send document by local courier service & DHL.
- Maintain proper file documents related to transaction on each product
- Monitor incoming and outgoing swift
- Monitor L/C outstanding, Documentary Collection and Bank Guarantee
- Sanction Screening process
- Testing enhancement/ error fixing provided by Infosys team in Finacle UAT environment
- Establish regular contact and maintain good relationship with client, other parties, such as other joint-venture banks, correspondence banks, etc.
- May be assigned as a relief clerk within the department and shall perform duties relating thereto as required and needed.
- Ensure costs effective operations and conformance with the standard regulation and prevailing laws.
- Carry out other duties not mentioned in this job description arising from time to time as instructed by the checker and manager in-charge within trade finance department scope.
- Any other responsibilities that are related to the Ops shared resources function
**Skills**:
- 1-2 years in working experience
- Graduated from reputable university with major from Management, Engineering, Economy, Accounting or Social Sciences
- Able to communicate in English at business communication level
- Computer literate with good knowledge in Excel
- Able to produce accurate work output and reports under tight deadlines
- Communicates effectively in both oral and written formats and tailors message appropriately to audience
- Demonstrated intellectual curiosity and operational excellence experience
- Able to think critically to quickly analyze and resolve issues
- Influences and delivers results through collaborative relationship with key partners and stakeholders
- Works independently to prioritize work and deliver against regulatory deadlines and a dynamic environment
- Able to demonstrate a high level of integrity with a mature approach to work
**Job Band**:
H6
**Shift**:
**Hours Per Week**:
40
**Weekly Schedule**:
**Referral Bonus Amount**:
0