Title: VP – Trade Finance Operations & Documentary Services Manager
Office Status: Onsite – New York, NY
Base Salary: Up to $135k + Bonus
Language Requirement: Mandarin Chinese Preferred
Overview:
This Vice President opportunity sits within the Trade Finance function of a well-established global financial institution, offering hands-on ownership of trade services operations alongside first-line-of-defense accountability for compliance and operational risk. The role covers the full documentary trade lifecycle, including commercial Letters of Credit, Standby Letters of Credit, and collections. It combines technical document examination and transaction authorization with daily controls, reporting, and compliance checks such as OFAC and anti-boycott screening. It’s an ideal fit for a trade finance operations professional with 5+ years of experience who combines deep knowledge of international trade practices (UCP 600, ISP98, URDG 758) with strong risk awareness and a disciplined, detail-oriented approach. Mandarin Chinese fluency is preferred.
Key Responsibilities:
- Oversee the day-to-day operation of Trade Finance transactions, including input and counter-checking of documents for bills operations, technical review of Letters of Credit, and daily verification and authorization of trade service transactions in GDMS processed by the Trade Services Clerk
- Execute end-to-end commercial LC and SBLC operations; review and counter-check SBLC templates; perform technical review and document examination to ensure strict compliance with UCP 600, ISP98, URDG 758, URC 522, and URR 725
- Ensure all trade transactions are authorized and completed at end of day and all SWIFT messages are sent; verify the daily transaction register is updated and supporting documentation is filed for Accounting monitoring; manage and file daily documents
- Monitor trade settlement and finance due dates to ensure timely and accurate processing
- Prepare and ensure the accuracy of monthly and periodic statistical reports and audit reports, delivered on time
- Strengthen compliance and risk controls as the first line of defense: perform anti-boycott counter-checks, OFAC sanctions screening, and KYC checklists required by Compliance; identify, assess, monitor, and report risks; maintain and report KRIs; escalate risks promptly
- Assist in launching new systems and risk control projects; support system testing for new products and procedures
- Participate in Compliance and Risk Management activities including issue management, KRI and ORM quarterly reporting, RCSA and control testing, CCRA, BIA and BCP annual reviews, product assessments, and call report attestations
- Cover the Trade Services team in absence as required; support ad-hoc projects assigned by the Head of Trade Finance
- Adhere to all Bank policies and procedures, including those on financial crime prevention, anti-corruption, anti-bribery, conflicts of interest, and the Code of Ethics