Team Lead, Operations Trade Finance

Madison-Davis

New York, NY

JOB DETAILS
SALARY
$100,000–$140,000 Per Year
SKILLS
Accounts Payable, Accounts Receivable, Billing, Credit and Collections, Customer Support/Service, Documentaries, Due Diligence, Finance, Financial Management, Financial Operations, Financial Transactions, Follow Through, Import/Export, Internet Service Providers, Leadership, Maintain Compliance, Operational Support, Operations Management, Reconciliation, Regulations, Regulatory Compliance, Reimbursement, Shipping Documents, Team Lead/Manager
LOCATION
New York, NY
POSTED
30 days ago

Title: Team Lead, Operations Trade Finance

Office Status: Hybrid New York, NY

Base Salary: $100k - $140k + bonus

ABOUT THE ROLE

This is a Trade Finance Operations Manager opportunity at a well-established financial institution, offering full oversight of a four-person team responsible for processing all trade finance transactions across standby and commercial letters of credit, documentary collections, and bank-to-bank reimbursements. The role is opening due to a long-tenured team member's retirement presenting an excellent opportunity for an experienced trade finance professional to step into a stable, well-structured team and bring their own leadership style and expertise to a high-functioning operations group. It's an ideal fit for a hands-on trade finance manager who combines deep product knowledge with strong team leadership and a commitment to accuracy, compliance, and client service.

RESPONSIBILITIES
  • Manage and lead a team of 4 direct reports, overseeing the end-to-end processing of all trade finance transactions in accordance with applicable rules including UCP, ISP, and URC as well as all relevant compliance regulations
  • Review and release new Standby Letters of Credit and amendments;manage customer billings and ensure follow-up through final settlement
  • Review and release Import and Export Letter of Credit issuances and amendment advices;perform second examination of shipping documents for Import LCs;review and release payments and acceptances
  • Review and release outward documentary collections including associated payments and acceptances
  • Review and release bank-to-bank reimbursement authorizations, irrevocable reimbursement undertakings, and claims
  • Perform daily monitoring of accounts payable and receivable as well as suspense accounts;complete required monthly reconciliations
  • Ensure compliance due diligence and reporting requirements are met across all trade finance activities
  • Provide operational support to the front office and conduct investigations into transaction discrepancies or exceptions as needed
  • Maintain high standards of accuracy, timeliness, and regulatory adherence across all team deliverables

About the Company

M

Madison-Davis