Overview
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.
Together, Silicon Valley Bank and First Citizens offer you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner.
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing, and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets.
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SVB Be Part of a Bank Like No Other
When you work with the world's most innovative companies, you know you're making a difference.
Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.
They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.
Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Responsibilities
The Trade Finance Solutioning III will be reporting directly to Director, Trade Finance.
• Work independently with general guidance from the Director, Trade Finance Manager.
• Covering trade finance products.
• Customize products to fit client needs.
• Partner with Commercial Bank and Product Advisors to define client needs and ensure existing product meet client needs and are competitive
• Provide response to queries, sound advice, guidance and/or recommendations on trade finance matters in relation to interpretation of letter of credit terms and rules to internal and external clients in a timely, accurate manner and cost-effective manner.
• Provide visibility to clients on their trade finance activities and identify cross-selling opportunities.
• Work closely with compliance, Legal, and Credit Administration to address and resolve issues.
• Resolve and/or mitigate the risks in the Global Trade Finance products and services transactions.
• Perform and process Trade Financing duties
• Apply the Compliance and Letter of Credit rules on the day to day transactions
• Maintaining current client relationships and independently handle less complex client issues.
• Assist in providing guidance to a more junior member of the team.
• Participate in departmental and bank wide initiatives and projects
• Any additional tasks assigned by the manager
Working expertise and knowledge of the following.
OFAC.
Trade based Money Laundering.
Department of Commerce Anti-Boycott Regulations.
SWIFT.
Uniform Customs and Practices for Documentary Credits (UCP600).
International Standby Practices (ISP98).
Uniform Rules for Collections (URC522).
Uniform Rules for Bank to Bank Reimbursement (URR725).
Uniform Rules for Bank Guarantees (URDG758).
Uniform Commercial Code Article 5.
Other compliance or trade related rules and regulations.
Qualifications
Basic Qualifications:
Bachelor's Degree and 4 years of experience in OR High School Diploma or GED and 8 years of experience in Trade Finance and financial services.
Preferred Qualifications:
• Excellent leadership skills.
• Excellent customer service skills and relationship skills.
• Excellent multi-tasking and organization skills.
• Excellent problem solving and critical thinking skills.
• Customer-focused with excellent interpersonal skills.
• Excellent verbal and written communications skills and ability to communicate and influence at an appropriate level.
• Proactive and self-motivated with ability to work independently with minimal supervision and under tight deadlines.
• Proven ability to meet new challenges, assimilate new information and to influence people through maturity of approach.
• Ability to make sound and reliable decisions under supervision.
If hired in CA the base pay for this position is generally between $120,600.00 and $140,000.00 per year. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.