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Bank of America
Chennai, India
(on-site)
Posted
1 day ago
Bank of America
Chennai, India
(on-site)
Job Function
Financial Services
Trade Finance Services Representative
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Trade Finance Services Representative
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for independently performing a variety of routine and non-routine support functions related to trade finance servicing by following established bank policies and procedures. Key responsibilities include processing trade transactions, performing follow-up tasks, providing middle office support, handling irregular cases, and ensuring compliance with internal policy and local regulatory requirements. Job expectations include proactively improving capabilities to drive operational excellence and support delivery of exceptional client service.
Responsibilities:
- Processes all functions of trade transactions and maintains a high quality of work by ensuring adherence with all procedures, practices, and service delivery standards
- Identifies and escalates suspicious transactions and ensures compliance with internal policy and local regulatory requirements
- Researches and analyzes all trade transactions that require specialized, sensitive, or exception handling that may require escalation
- Manages risk by ensuring transactions are handled efficiently and proactively, identifying and escalating potential risks
- Develops capabilities and competencies through self-study or participation in trainings on system enhancements
Skills:
- Graduate/MBA from a reputed institutes with about 2 to 6 years' of experience in operations processing in a bank
- Effective verbal and written communication skills
- Ability to work in a team and within stiff time deadlines
- Good Analytical and Inter-personal skills
- Good Computer skills
- Quality conscious and having flair for constant process improvement
- Ability to manage volumes with accuracy
- Ability to cope with pressure during rush hours
Job ID: 85963567
Investing in our teammates’ wellness and long-term career growth.
Bank of America has always been the bank of opportunity for our shareholders, our clients and customers, our communities and our teammates.
We’re committed to connecting our nation’s military to the training, education and resources that put them on the path to financial stability. We employ thousands of veterans and military spouses. Building on that, since 2014 we have hired more than 10,000 service members. We also finance and partner with organizatio...
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