Trade Services Operations Administrator

Company: Sumitomo Mitsui Banking Corporation
Location: Jersey City
Posted on: April 2, 2021

Job Description:

Sumitomo Mitsui Banking Corporation - Careers - Trade Services Operations Administrator in Jersey City, New Jersey - Careers at Harborside

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    BACK TO TOP SMBC Group is a member of Sumitomo Mitsui Financial Group
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        • Sumitomo Mitsui Finance and Leasing Co., Ltd. ABOUT US
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              • Toronto, Canada IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
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                • Terms of Use / Disclosures Sumitomo Mitsui Banking Corporation - Careers - Trade Services Operations Administrator in Jersey City, New Jersey - Careers at Harborside Please Enable Cookies to Continue Please enable cookies in your browser to experience all the personalized features of this site, including the ability to apply for a job. Welcome page Welcome page Returning Candidate? Log back in! Trade Services Operations Administrator Job Locations US-NJ-Jersey City Posting Date 3 days ago (2/24/2021 3:01 PM) Career Category Trade Finance iCIMS ID 2021-9195 Corporate Title N/A Type Fulltime-Regular Overview Trade Services-Operations is a part of the Bank's Settlement Operations group within BCDAD and is responsible for checking and approving customer imports and exports for Letters of Credit (LOCs), Collections, and coordinates other business unit financing. Services include opening and amending of LOCs, processing payments, interfacing with customers regarding discrepancies or process problems, determining the feasibility of new products/services and identifying technological requirements.-- Responsibilities The Operations Administrator is a part of the Trade Services-Operations group within Settlement Operations and is responsible for the accurate and timely processing of requests for LOCs. This is a transactional role whose primary focus is the daily delivery of routine and defined tasks with limited discretion, under direct supervision. Refers non-routine or complex matters to supervisors. Reports to the Department Head. Number of reports: none. Number of indirect reports: none. The job responsibilities are described herein:
                  • Issuances and negotiation of import L/Cs including acceptances discounts and payments.
                    • Export L/C Advising , confirmations booking of commissions in advance and in arrears, Daily Accruals.
                      • Import and Export Collecion: Registration, Acceptances,Payments,Settlements, Financing of Import and Export Collections.
                        • Inputting names and Jurisdictions for OFAC check in all the transactions and Checking for Anti-Boycott Clauses. Qualifications
                          • Experience in Import L/C issuances, Negotiation and Export L/C Advising, Negotiation, must have extensive knowledge of how to book and keep track of complicated booking of different kind of commissions.
                            • Experience in Registration,Acceptances,payments,Settlements and Financing of Import and Export Collections.
                              • Knowledge of UCP,URC and Export Administration Regulations (EAR) Options Apply for this job online Apply Share Refer this job to a friend Refer Sorry the Share function is not working properly at this moment. Please refresh the page and try again later. Share on your newsfeed Loading... SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
                                
                                In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
                                
                                SMBC is an EO employer - M/F/Veteran/Disability
                                

Keywords: Sumitomo Mitsui Banking Corporation, Jersey City , Trade Services Operations Administrator, Accounting, Auditing , Jersey City, New Jersey