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Deutsche Bank · 2 weeks ago

Relationship & Transaction Management - Trade Finance Advisory & Services - Associate

New York, NY

Full-time

Hybrid

Mid Level

$70K/yr - $110K/yr

Deutsche Bank is seeking a Trade Finance Advisory & Services Officer in New York, NY to provide advisory services for clients on Trade Finance instruments. The role involves managing day-to-day activities for the Trade Finance Advisory Services team and ensuring compliance and risk mitigation associated with international trade transactions.

BankingFinanceFinancial Services

Responsibilities

Manage day-to-day activities for the Trade Finance Advisory Services team

Provide technical assistance to Sales & Structuring, Corporate Clients, Correspondent Banks, and DB Branches in dealing with the intricacies of traditional trade products (Standby Letters of Credits, Documentary Letters of Credit, Documentary Collections &Trade Finance Loans)

Written and verbal communications with internal and external clients associated with the structuring and facilitation of Trade Finance products and other associated processes

Timely resolution of inquiries received from internal and external clients and escalating any potential problems or seeking clarification as appropriate

Ensure that all transactions are completed within the set time frames/deadlines established by management

Qualification

Trade Finance productsInternational trade complianceAnti Money Laundering (AML)Document negotiationQuantitativeAnalytical skillsMicrosoft Office proficiencyClient service skillsStakeholder managementFluent in EnglishSpanish language skillsGerman language skillsOrganizational skillsCommunication skillsAttention to detail

Required

Requires a bachelor's degree in finance, Business Administration, or related field or equivalent

Extensive, relevant, and progressively responsible experience reviewing technical Guarantees, Standby and Documentary Letter of Credits language for compliance with ICC publications, local requirements, and key operating procedures

Extensive, relevant and progressively responsible experience performing document negotiation for Export Letters of Credit and relevant traditional trade products, including Import and Export collections, ensuring transaction processing is in accordance with key operating procedures, local regulator's requirements and the International Chamber of Commerce (ICC) guidelines

Coordinating and performing transaction monitoring due diligence requirements for TF products; mitigating financial crime risks and ensuring appropriate level of AML/AFC monitoring is in place by capturing, checking, and monitoring all parties, countries, ports, and vessels involved, following up on clients activities, and escalating any unusual transaction as necessary

Applying knowledge of Trade Finance products and processes to review existing handling procedures of Trade Finance products in accordance with key operating procedures, ICC standards, and regulator's requirements

Able to communicate fluently, written and verbal, in English

Strong client service skills

Strong quantitative and analytical skills

Highly proficient with Microsoft office

Demonstration of organizational skills to manage multiple and often competing tasks simultaneously under tight deadlines and pressure