Operations - Transactions Associate
JPMorganChase
Date: 3 weeks ago
City: Riyadh
Contract type: Full time
Job Description
The candidate is required to coordinate and handle Trade Finance product for Riyadh location including Import/Export/Collection/Guarantee/Financing and Loan Processing on behalf of local client/ FIs. The incumbent of this role will interact with Stakeholders with Service Level plans and to contribute to review of deliverables for potential clients . There is a requirement to engage with External Corporate Clients, External Financial Institutes, Legal Dept, Risk Dept, Trade Sales, to negotiate and agree upon an acceptable Guarantee / LC text.
As an Operations Associate within the Trade & Working Capital team, you will manage different components of workload, client and other internal and external reporting on daily basis ensuring adherence to designated deadlines and controls. Incumbent need to work with minimum supervision and act on own initiative to identify tasks and efficiencies to be implemented on the unit.
Job Responsibilities
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.
About 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.
The candidate is required to coordinate and handle Trade Finance product for Riyadh location including Import/Export/Collection/Guarantee/Financing and Loan Processing on behalf of local client/ FIs. The incumbent of this role will interact with Stakeholders with Service Level plans and to contribute to review of deliverables for potential clients . There is a requirement to engage with External Corporate Clients, External Financial Institutes, Legal Dept, Risk Dept, Trade Sales, to negotiate and agree upon an acceptable Guarantee / LC text.
As an Operations Associate within the Trade & Working Capital team, you will manage different components of workload, client and other internal and external reporting on daily basis ensuring adherence to designated deadlines and controls. Incumbent need to work with minimum supervision and act on own initiative to identify tasks and efficiencies to be implemented on the unit.
Job Responsibilities
- Monitoring /processing of Trade Finance transactions to ensure it is completed.
- To adhere to all established work and escalation processes.
- To escalate all exceptional processes and maintain their audit trials for record purposes Prepare weekly and monthly metrics
- Strict adherence to all relevant Process and Procedures.
- To investigate, analyze and resolve complex customer enquiries/requirements to provide required solutions in the operating environment.
- 5 plus years of Trade Finance experience/ Banking Operations with up-to-date knowledge of current market practice.
- University Degree.
- Excellent interpersonal, verbal, and written communication skills – in is essential
- An understanding of Trade Finance documentation and the Trade Finance Operations business.
- Knowledge of the International Chamber of Commerce Rules and Regulations governing trade finance products: ISP 98 / URDG / UCP600 and local regulations of SAMA.
- Ability to manage multiple tasks and priorities daily ensuring adherence to all risk control, compliance, and regulatory policies
- Professional telephone manner, communication, and interpersonal skills
- Arabic language
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.
About 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.
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