Job Description

About this role:

Wells Fargo is seeking a Trade Services Implementation Coordinator (Senior Trade Services Specialist) in Commercial Banking Operations.

In this role, you will:

• Mitigate risk to the bank and the customer to ensure customer satisfaction by processing Letter of Credits
• Review complex reformatting, drafting, advising and amending standby letters of credit that require an in-depth evaluation of variable factors
• Provide recommendations on existing policies, practices, and procedures
• Perform moderately complex letter of credit structure, documentation, governing rules, internal policies and credit risk implications
• Utilize overall understanding of rules and regulations, governing letter of credit products with a full working knowledge of standby letters of credit
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Understand Wells Fargo trade finance offerings (SBLCs, LCs, documentary collections)
• Apply relevant policies, regulations, and investor standards. Assess financial and credit risks, recommend solutions to meet client needs and minimize risk.
• Communicate product value to different customers and position effectively versus competitors
• Stay updated on AML, OFAC, and sanctions regulations
• Identify and escalate risk, adhering to compliance controls
• Support clients during onboarding and implementation. Set clear expectations, timelines, and deliverables; escalate and resolve issues as needed
• Spot and escalate red flags in transactions, using resources
• Coordinate with Product, Legal, Compliance, and QA teams
• Escalate complex matters to SMEs or managers
• Contribute to knowledge-sharing and documentation

Required Qualifications:

• 4+ years of Trade Services experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 1+ years of experience working with Standby Letters of Credit (SBLCs)
• Client management experience including experience managing client expectations and offering solutions
• Experience mentoring and coaching team members
• Strong attention to detail and accuracy skills
• Strong organizational, multi-tasking, and prioritizing skills
• Ability to work in a fast-paced, deadline driven environment
• Ability to collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
• Experience developing and documenting procedures
• Excellent verbal, written, and interpersonal communication skills
• Outstanding analytical and problem-solving skills
• Strong Microsoft Office (Word, Excel, and Outlook) skills

Job Expectations:

• This role requires on-site training for the first two months in role
• Hybrid schedule will be available after training

Locations:

• 600 S 4th St., Minneapolis, MN
• 19409 Jetton Rd., Cornelius, NC
• 1525 W W T Harris Blvd., Charlotte, NC

This position is not eligible for VISA Sponsorship

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit  Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Job Tags

Similar Jobs