Trade and Working Capital - Associate (Individual Contributor Manager)
JPMorganChase
Job Description
The Trade & Working Capital Operations group processes a variety of products that support international commerce by facilitating the purchase and sale of goods. The Trade & Working Capital unit, at Philippines Corporate Center is responsible for the following set of activities for ASIAPAC, Europe, Middle East & Africa and U.S. region:
+ Issuance and Advising of Documentary Letters of Credit including Document Checking & Remittances/Payments
+ Settlement/Payments of Import & Export bills under LC, Collections including Trade Advances/Loans & Bank to Bank Reimbursements
+ Documentary Collections
As Specialty Product Manager I (Associate I) working in Night Shift your Key responsibilities are to:-
+ Processing/Releasing Payments under LC, Collections for our global clients
+ Ensure the transactions are processed as per JPM policies as well as ICC Rules like UCP600/ISBP/URR
+ Ensure all transactions assigned to the team are completed with utmost quality as per agreed SLA
+ Monitor queues and assignment of transaction to the team including pending follow-up
+ Identify any red flags/OFAC regulatory issues/AML & Boycott language breach in the transaction and escalate for review
Key Skills:
+ Well versed with URC, UCP, URR & ISBP
+ Subject Matter Expertise in the LC & collections lifecycle
+ Queue Monitoring, Work Allocation and Prioritization
+ Willing to go above & beyond to ensure timely delivery
+ Understanding of US Regulations & OFAC Compliance
+ Excellent Oral, Written & Presentation skills
+ Project Management
+ CDCS & CITF certifications will be an added preference
About Us
JPMorgan Chase & Co., 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.