Commercial Letter Of Credit - Assistant Vice President

MUFG Oceania

$89k - $104k; discretionary performance-based bonu...
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Commercial letters of credit
Trade 360 system
Ucp600 and isbp
** MUFG Oceania is seeking an Assistant Vice President for Commercial Letters of Credit, responsible for managing various aspects of trade finance transactions. The ideal candidate will have significant experience in trade finance, particularly with Commercial Letters of Credit, and will thrive in a collaborative, people-focused culture. **

Job Summary

  • The incumbent is responsible for manning Commercial Letters of Credit and processing transactions in Trade 360 System, which includes issuance, advising, document examination, discounting, financing, workflow management, reporting, invoicing, special projects, quality control, customer service, compliance checks, and acceptances/payments.
  • The role involves handling various Commercial LC activities from issuance to payment, ascertaining conformity to LC and UCP600 and ISBP, and routing documents for processing.
  • The company offers a competitive benefits package including comprehensive health and wellness benefits, retirement plans, educational assistance, and paid time off.

Matching Summary

Match Score: 75

** MUFG Oceania is seeking an Assistant Vice President for Commercial Letters of Credit, responsible for managing various aspects of trade finance transactions. The ideal candidate will have significant experience in trade finance, particularly with Commercial Letters of Credit, and will thrive in a collaborative, people-focused culture. **

Salary

$89K - $104K; Discretionary performance-based bonus and/or incentive compensation; Comprehensive health and wellness benefits, retirement plans, educational assistance, income replacement, paid maternity and parental bonding leave, paid vacation, sick days, and holidays

Skills & Requirements

Must-have

  • Commercial Letters of Credit
  • Trade 360 System
  • UCP600 and ISBP
  • OFAC, EAR, Anti-boycott, BSA AML
  • Swift messages preparation
  • Transaction Control/Workflow Management

Nice-to-have

  • Collaborate toward greater innovation
  • Invest in talent, technologies, and tools
  • Put people first
  • Listen to new and diverse ideas

Key Requirements

  • 5-10 years of first line management and operational experience
  • Trade Finance related products experience
  • Commercial LCs experience in a banking environment
  • Ability to work independently and with a team
  • Sound knowledge of UCP600 and ISBP
  • Strong interpersonal skills
  • Verbal and written Communication skills
  • Ability to work in an automated system environment
  • Degree or equivalent work experience

Work Rights

Not specified

Tailored Resume

Cover Letter