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Assistant Vice President - Operations Consultant - Global Trade Finance Operations

AT Bank of America
Bank of America

Assistant Vice President - Operations Consultant - Global Trade Finance Operations

Hong Kong

Job Description:

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.

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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:

Performs a variety of somewhat complex technical and analytical functions related to trade financing and servicing. Typical responsibilities include reviewing and approving trade finance documents for bank and regulatory compliance and acceptability of terms and conditions; negotiating standard import/export letters of credit for final payment and settlement, analyzing issuances and amendments of import/export letters of credit and bankers acceptances; issuing commercial and stand-by letters of credit and related documents and interpreting and clarifying terms and conditions of trade finance documents for customers.

Responsibilities:

  • Have knowledge in Global Trade Finance products (Import and Export Letters of Credit, Standby, Bank Guarantee, Supply Chain Finance, Trade Loan, Documentary Collection, etc.) with expectation of becoming an expert over time.
  • Strong computer skills with intermediate level in Excel Spreadsheet and PowerPoint a must to support reporting and perform data analysis.
  • Strategic thinking and detail oriented: Pay close attention to details is a must to ensure the accuracy of each trade transaction and being able to research on up-to-date information to make a prudent decision on transaction approvals.
  • Excellent presentation skill.
  • Excellent interpersonal skills with strong ability to influence: Building a strong relationship with business partners, make strategic decision and transaction approvals, develop new operating and risk control procedures and ensure appropriate for the risk reward.
  • Able to work flexible hours to support holidays and other regional hours.

Skills:

  • Bachelor degree or above.
  • 10 years (or above) of working experience in financial industry. International trade / international business-related working experience is preferable.
  • Fluent in English and Mandarin speaking, accurate and effective in English writing.
  • Attention to details, with critical thinking and strong problem-solving skill.
  • Good communication skill, can influence people with positive impact, can handle difficult conversation.
  • Good teamwork spirit, proactively share workload among teams and support each other, able to build up and maintain good relationship with business partner in other Line of Business.
  • Be flexible and adaptable to the change, with strong commitment with positive and proactive attitude towards challenge.
  • Good management skill including decision-making, problem solving and motivation etc.

Client-provided location(s): Hong Kong
Job ID: BankOfAmerica-JR-24044456
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA
    • HSA
    • On-Site Gym
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
  • Vacation and Time Off

    • Leave of Absence
    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Sabbatical
  • Financial and Retirement

    • Performance Bonus
    • Company Equity
    • 401(K) With Company Matching
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Tuition Reimbursement
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program