Description

Join our dynamic team as a Trade and Working Capital Specialist, where you will partner with clients and internal stakeholders structure standby letters of credit and guarantees.

As a Trade and Working Capital Specialist - Senior Associate in our Trade Finance Team, you will structure standby letters of credit and guarantees, providing expert advice to support clients' trade finance needs. Your role is crucial in managing risk and ensuring regulatory compliance.

Job responsibilities

• Develops and structures standby letters of credit and guarantees tailored to clients' trade finance requirements
• Collaborates with clients to understand their business needs and provide customized solutions
• Conducts thorough risk assessments to ensure the security and viability of trade finance transactions
• Implements risk mitigation strategies to protect the interests of both the bank and its clients
• Builds and maintains strong relationships with clients, acting as a trusted advisor for their trade finance needs
• Provides ongoing support and guidance to clients, ensuring their satisfaction and loyalty
• Ensures all trade finance transactions comply with relevant regulations and internal policies
• Stays updated on changes in trade finance regulations and industry best practices
• Prepares and reviews documentation related to standby letters of credit and guarantees
• Maintains accurate records and generates reports for management and regulatory purposes
• Works closely with internal teams, including credit, legal, and operations, to ensure seamless execution of trade finance transactions

Required qualifications, capabilities, and skills

• Knowledge of URDG / ISP 98 and UCP 600
• Relevant experience in trade finance, focusing on standby letters of credit and guarantees wording negotiation
• Strong knowledge of trade finance instruments, risk management, and regulatory compliance
• Excellent analytical, problem-solving, and decision-making skills
• Exceptional communication and interpersonal skills, with the ability to build and maintain client relationships
• Proficiency in drafting and tracking changing wording using Microsoft Office Suite

Preferred qualifications, capabilities, and skills

• Experience in cross-functional collaboration
• Familiarity with industry best practices in trade finance
• Ability to participate in cross-functional projects to enhance trade finance offerings
• Strong attention to detail and organizational skills
• Ability to adapt to changing regulations and client needs

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.