Specialty Product Associate II - Trade & Working Capital Operations in Tampa, FL

Job title: Specialty Product Associate II - Trade & Working Capital Operations in Tampa, FL at JPMorgan Chase
Company: JPMorgan Chase
Job description: Job Category: Specialty ProductJob Description:Do you have an eye for details; analyze, assess and determine key issues within the context of trade business products? If yes, this is the team for you.As a Specialty Product Associate II within the Trade & Working Capital Operations team, you will have the opportunity to manage key operational activities and promote efficiency in our processes. With your comprehensive knowledge and strong decision-making capabilities, you will play a crucial role in improving our service quality and process improvement initiatives. You will support managers in leading efficiency into the process model by bringing in the best practices after a detailed analysis of process.Job Responsibilities:

• Process transaction Standby letter of credit/Bank Guarantees - issuance, amendments & payments including compliance screening for the relevant documents.
• Ensure accountability that the unit complies with the JPMC risk & control policies and processes. Training/Mentoring the team periodically to upskill the team's knowledge. Accountable for integrity of process, operations and associated results.
• Analyze the processes and identify improvement areas and suggest/execute the action plan to improve the efficiency and turnaround time.
• Think through problems, manage the crisis situations through proper escalation matrix and motivate team
• Develops and exercises business plan, internal procedures and demonstrates an ability to lead projects, offer innovative solutions and cost efficiency opportunities
• Supports a wide range of stakeholders (Product, sales, client service, partner site and Tech support)
• Build the effective relationships with management and internal stakeholders, also should have ability to influence them where necessary
• Monitor KPI/KRI on daily/weekly basis and recommend through process change wherever necessary for improvement
• Timely escalate the Risk/Concern items through proper escalation Matrix and drive for resolution
• Monitor the Daily/Weekly/monthly activities are performed as excepted, monitor the queue through various dashboard to assign the task and get it completed within agreed timeline

Required qualifications, capabilities and skills:

• Minimum 12 years of Trade experience
• Strong business knowledge on Trade products, processes and system knowledge.
• Excellent Customer Service Skills to handhold irate clients or internal stakeholders.
• Excellent attention to detail, and an ability to know when a deep dive approach is appropriate.
• Ability to drive results through a hands-on approach.
• Excellent verbal and written communication skills, and adept to communicate with all levels of the business and technical parts of the organization
• Ability to partner with demanding stakeholders, managing their expectations while developing strong working relationships with them
• Understanding of operational risks and related controls, audit and internal control framework
• Confidence to challenge, and be challenged, whilst remaining a positive 'can-do' outlook
• Commendable knowledge on Structuring/Vetting of SBLC/Guarantee
• Working knowledge of Uniform Customs and Practice for Documentary Credits; UCP 600, International Standby Practices: ISP98 & Guide to ICC Uniform Rules for Demand Guarantees URDG 758, Boycott regulations, and Office of Foreign Assets Control (OFAC) compliance

Preferred qualifications, capabilities and skills:

• Certificate for Documentary Credit Specialists (CDCS) and Certificate for Specialists in Demand Guarantees (CSDG) a plus
• Strong Knowledge on SWIFT Messages types associated with Standby/Guarantee will be appreciated.

About Us:JPMorganChase, 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 offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.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 for more information about requesting an accommodation.JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/VeteransAbout the Team: J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Expected salary:
Location: Tampa, FL
Job date: Fri, 25 Apr 2025 22:13:04 GMT
Apply for the job now! [ad_2] Apply for this job