Trade & Working Capital Operations - Specialty Product Specialist IV (Senior Team Member) – APAC Shift

JOB DESCRIPTION

Elevate your career with JPMorgan Chase, a top financial firm, valuing innovation, creativity, and excellence.

As a Specialty Product Specialist IV in Trade and Working Capital, you will be responsible in processing trade finance transactions to help facilitate the purchase and sale of goods. Trade and Working Capital Operations has various product offerings which enables international trade and mitigates the associated risks.

The Trade & Working Capital unit, at Philippines Corporate Center is responsible for service delivery activities such as Issuance and Advising of Documentary Letters of Credit, Document Checking under Letters of Credit, Settlement of Import & Export bills under Letters of Credit, Collections, Bank to Bank Reimbursements, Trade Advances and Trade Loans, Documentary Collections, Supply Chain Finance etc., for ASIAPAC, Europe, Middle East & Africa and U.S. region.

Job Responsibilities

• Ensure the transactions are processed as per JPMorgan & Chase Co. policies as well as International Chamber of Commerce Rules like UCP600 (Uniform Customs and Practice for Documentary Credits), ISBP (International Standard Banking Practice), URR725 (Uniform Rules for Bank-to-Bank Reimbursements), etc.
• Monitor queues and assignment of transaction to the team including pending follow-up and ensure all transactions assigned to the team are completed with utmost quality as per agreed service level agreement.
• Identify any red flags/ Office of Foreign Assets Control (OFAC) regulatory issues/ Anti Money Laundering (AML) & Boycott language breach in the transaction and escalate for review.
• Adopt best practices by partnering with other transaction processing teams and display willingness to go above & beyond to ensure timely delivery.
• Identify and escalate issues in a prompt and timely manner which may impact service.
• Work collaboratively, shares information, and effectively communicates with team members, departmental management and partners in Sales, Service and Product.
• Demonstrate analytical and problem-solving abilities while processing with a mindset of accuracy and attention to detail. Able to prioritize work and multi-task without making errors.
• Process orientation with ability to understand upstream and downstream implications.
• Perform detailed research and resolve issues.
• Actively participate in new projects.
• Maintain control of the environment in respect of JPMorgan & Chase Co. policies and the local regulatory rules.

Required qualifications, capabilities, and skills

• At least 1 year of Trade work experience.
• Bachelor's degree is required.
• Requires strong computer skills, common PC based software packages including MS Excel, Word, and PowerPoint.
• Must be fluent in English language: Excellent Verbal, Written & Presentation skills.
• Understanding of US Regulations & OFAC Compliance.

Preferred qualifications, capabilities, and skills

• Background in Banking industry is an advantage preferably with Accounting and Finance background.
• (CDCS) Certificate for Documentary Credit Specialists & (CITF) Certificate in International Trade and Finance certifications will be an added preference.

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.