The role provides an opportunity tocoordinate and handle Trade Finance product for Riyadh location including Import / Export / Collection / Guarantee / Financing and Loan Processing on behalf of local client / FIs. The incumbent is required to focus upon transactions and to be able to move to other disciplines as and when required. There is a requirement to engage with External Corporate Clients, External Financial Institutes, Legal Dept, Risk Dept, Trade Sales, to negotiate and agree upon an acceptable Guarantee / LC text.
As a Operation Associate in Trade & Working Capital, you will managedifferent components of workload, client services and other internal and external reporting on daily basis ensuring adherence to designated deadlines and controls. You will work with minimum supervision and act on own initiative to identify tasks and efficiencies to be implemented on the unit. You will work with partnership with senior management of Trade & Working Capital Operations who provides end-to-end product coverage for international trade products, including client servicing, document support and product servicing and billing with a scalable support structure that allows for high-volume through-put. The team has a strong risk management program tailored for local regulations and the technology platform suits end-to-end core product needs. Trade Finance Operations provides unique offerings to different market segments.
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Required qualifications, capabilities, and skills
- 10+ years of Trade Finance experience/ Banking Operations and Client Service together with up-to-date knowledge of current market practice.
- University Degree
- Excellent interpersonal, verbal, and written communication skills - in is essential
- Proven skills in team supervision / management
- An understanding of Trade Finance documentation and the Trade Finance Operations business.
- Extensive knowledge of the International Chamber of Commerce Rules and Regulations governing trade finance products: ISP 98 / URDG / UCP600 and local regulations of SAMA.
- Ability to manage multiple tasks and priorities daily ensuring adherence to all risk control, compliance, and regulatory policies
- Ability to manage own and others workload.
- Experience working within a matrix-style structure across a global team
- Professional telephone manner, communication, and interpersonal skills
Preferred qualifications, capabilities, and skills
- Arabic Language skills is required
- CDCS Qualified
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
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.
Operations teams develop and manage innovative, secure service solutions to meet clients' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.