Head of Trade Finance

First Citizens Bank

New York, New York

JOB DETAILS
SALARY
$263,160–$356,040 Per Year
JOB TYPE
Full-time
SKILLS
Alliance/Partner Management, Banking Services, Business Growth, Business Skills, Business Strategy, Business Transformation, Communication Skills, Compensation and Benefits, Credit Processing, Employee Retention, Establish Priorities, Finance, Financial Strategy, Financial Transactions, High School Diploma, Industry Standards, International Business, Leadership, Mentoring, Mergers and Acquisitions, Organizational Development/Management, Presentation/Verbal Skills, Product Strategy, Profit & Loss, Regulations, Regulatory Compliance, Relationship Management, Revenue Growth, Risk, Risk Analysis, Risk Management, Risk Management Framework (RMF), Sales Management, Sales Strategy, Strategic Planning, Team Lead/Manager, Thought Leadership
LOCATION
New York, New York
POSTED
4 days ago
Overview:

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office.

 

The Head of Trade Finance leads the bank’s global trade finance business and strategy, positioning First Citizens as a market leader in trade finance solutions. This role is responsible for the end-to-end trade finance business across all First Citizens clientele, including sales strategy, revenue growth, product strategy and delivery, risk management and controls, team leadership, and close partnership with banking and credit teams. The role sits within the Global Banking & Markets Solutions organization and requires a business leader who can run a P&L, build and develop a high-performing specialist team, shape strategy, and engage with senior clients and internal stakeholders.

 

Responsibilities:

Strategic Leadership and Vision - Develop and execute the long-term strategy for the trade finance business. Drive innovation in trade finance products and services. Align trade finance strategies with overall bank objectives and market opportunities.

 

Business Growth and Market Expansion - Identify and pursue opportunities for expanding the trade finance business globally. Lead strategic partnerships and potential acquisitions in the trade finance space. Drive revenue growth and profitability of the trade finance product line.

 

Team Leadership and Organizational Development - Lead and mentor senior executives across the trade finance division. Foster a culture of excellence, innovation, and client-centric service. Develop and implement strategies for attracting and retaining top talent.

 

Client and Stakeholder Engagement - Serve as the senior relationship manager for strategic global clients and partners. Represent SVB as a thought leader at high-profile industry events and forums. Engage with regulators and industry bodies on trade finance matters.

 

Risk and Governance Oversight - Establish risk management frameworks for trade finance. Ensure robust governance structures and compliance with international regulations. Lead high-level discussions with regulators and policymakers to shape industry standards.

Qualifications:

Bachelor's Degree and 10 years of experience in banking and/or trade finance experience, with leadership responsibility in trade finance, structured trade, transaction banking, or a closely related business  OR High School Diploma or GED and 14 years of experience in banking and/or trade finance experience, with leadership responsibility in trade finance, structured trade, transaction banking, or a closely related business.

 

Preferred Experience:

 

15+ years of banking and/or trade finance experience, with leadership responsibility in trade finance, structured trade, transaction banking, or a closely related business.


Core Competencies:


• Business acumen / knowledge - Advanced
• Credit structuring capability and knowledge of credit processes - Advanced
• Communication and Presentation skills - Advanced
• Decision making and Prioritising - Advanced
• Effective challenge - Advanced
• Influence - Advanced

• Innovation - Advanced
• Organizational awareness - Advanced
• Vision - Establish and articulate - Advanced
• Partnerships and collaboration - Advanced
• Sales management and leadership - Advanced


Position Specific Skills
• Leadership - Advanced
• Global trade finance expertise - Advanced
• Strategic visioning and execution - Advanced
• Executive-level stakeholder management - Advanced
• Business transformation and innovation - Advanced
• Data-led decision making – Advanced
• Global risk management - Advanced
• Organizational leadership - Advanced
• Financial acumen - Advanced
• Regulatory and policy expertise - Advanced
• Cross-cultural leadership - Advanced
• Risk Identification - Advanced
• Risk Mitigation - Advanced
• Business and technology integration - Advanced
• Mergers and acquisitions - Advanced

 

If hired in NY, CA or MA, the base pay for this position is generally between $263,160.00 and $356,040.00. If hired in NC, the base pay for this position is generally between $219,300.00 and $296,700.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

 

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

About the Company

F

First Citizens Bank

First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. As the largest family-controlled bank in the United States, First Citizens is continuing a unique legacy of strength, stability, and long-term thinking that has spanned generations. Founded in 1898 and headquartered in Raleigh, N.C., First Citizens also operates a nationwide direct bank and a network over 550 branches in 22 states. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. First Citizens Bank brings together personal service and powerful tools to help customers do more with their money – and make more of their future.  

Looking for a career with CIT? CIT is now a division of First Citizens Bank.

First Citizens Bank. Forever First®

COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
EMPLOYEE BENEFITS
Paid Sick Days, Prescription Drug Coverage, Professional Development, 401K, Flexible Spending Accounts, Retirement / Pension Plans, Life Insurance
FOUNDED
1898
WEBSITE
https://www.firstcitizens.com