Trade Finance Senior Specialist
Brown Brothers Harriman · New York, United States · 2mo ago
At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.
The Trade Finance Senior Specialist within the Credit Administration team is a mid-level position with direct responsibility for the processing of Commercial Letters of Credit, Standby Letters of Credit and Bank Guarantees under approved Credit facilities as well as Documentary Collections in support of the firm’s business lines. S/he is a subject matter specialist typically dealing with moderately complex issues as they relate to his/her area of focus. Tasks include processing transactions in accordance with ICC Rules and with BBHs Credit and Compliance Policies in mind, authenticating client instructions, data processing, reporting, reconciliation, faxing, e-mailing, filing and communicating with other departments, operations groups, account managers and clients. This position will also contribute to projects.
Some of your key responsibilities include:
Transaction Processing
- Process transactions such as Commercial Letters of Credit, Standby Letters of Credit and Bank Guarantees under approved Credit facilities as well as Documentary Collections
- Manage daily volume.
- Perform intraday and end of day reconciliation of daily work
- Help to ensure all deadlines and requirements are being met
Client Service
- Provide superior client service
- Ensure timely response to internal and external requests
- Follow up on open inquiries
Risk Management
- Help to Identify and document errors to reduce exposure.
- Process transactions in accordance with ICC Rules and with BBHs Credit and Compliance Policies
- Interact with other BBH departments on resolution of issues
- Communicate professionally and constructively to effectively resolve issues to minimize risk and exposure
Other
- Gain efficiencies to improve individual productivity
- Contribute to Division or Firm process improvement activities.
- Assist in the development and production of monthly management reporting
- Assist team members with day-to-day activities when needed/providing backup
Qualifications:
- BS/BA degree or equivalent work experience.
- 2+ years of Banking experience, Trade Finance experience preferred
- Proven Knowledge of one or more product areas within Trade Finance/Financial Services
- Ability to perform technical responsibilities of the job with a high level of competence
- Aptitude for thorough and timely research, analysis, and resolution of a problem
- Ability to communicate professionally though effective verbal and written skills
- Demonstrates organizational skills and an attention to detail.
- Ability to multi-task and effectively handle multiple assignments
- Ability to work in a team environment.
- Ability to meet deadlines and work under pressure.
- Proactive self-starter who is goal oriented.
This role is based in our New York City location and is a hybrid role, with three
days per week in office.
Salary Range
NY: $75,000 - $85,000 base salary + target annual bonus
BBH and its affiliates' compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.
We value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.
About BBH:
Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.
We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.
We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.
Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.