Transaction Processing Specialist

Trade & Working Capital Operations – Transaction Control Processing

Job Description:

The Trade & Working Capital operations team focuses on developing & delivering business solutions related to the trade finance products offered by banks, including transactions such as import & export bills, foreign bill collection, banker's acceptances/reimbursements, letters of credit and open account trading. The candidate is expected to provide transactional-based expertise to the business to ensure accurate and timely conduct in accordance with ICC guidelines, bank procedures & trade finance policy manual. The role requires a good understanding of risk management, transaction processing, retail banking, wholesale banking, trade settlements and trade processing.

Key Responsibilities:

• Should be a graduate and have minimum of 3-5 years of experience in Trade Finance Operations and appropriate system knowledge
• Should have thorough knowledge of ICC Rules used in Trade Finance
• Should have good knowledge in handling payment messages
• Should be responsible to complete all the transactions assigned to themselves and process with utmost quality as per agreed SLA
• Should be responsible for queue monitoring and assignment of transaction to the team
• Identify any red flags/ OFAC regulatory/AML & Boycott language breach in the transaction
• Standard Operating Procedures (SOP) followed for the process should be maintained and updated as and when changes occur
• Actively engage in new deals, attend project management calls and drive smooth migration
• Should ensure effective adherence to internal policies and other regulatory requirements in the day to day operations
• Should be responsible to verify and check the transactions comply with JPM policies as well as international rules

The candidate should also possess the following attributes:

• Exceptional attention to detail and problem solving skills
• Focus on BAU and client expectations
• Ability to multitask and handle high stress while maintaining accuracy in tight deadlines
• Strong level of proficiency with Microsoft tools (Excel, PowerPoint, SharePoint)
• Self-starter who is creative with a ‘can-do’ attitude and strong work ethic
• Implementing various best practices and continuously seek out for opportunities to improve efficiencies
• Industry certification like CDCS & CITF will be an added preference

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
   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 FAQs for more information about requesting an accommodation.