US Trade Operations

Exciting opportunity at Barclays to join our US Trade and Working Capital (Letter of Credit) Team as a US Trade Operations Vice President, where you will support both the Corporate and Investment Bank by providing operational support for products and services for Trade, Asset and Sales Finance customers and help facilitate the financing of goods and services around the world. Trade Finance products help a customer’s either by the bank handling documentation related to the transaction, providing finance, or guaranteeing payments. These products are listed below: Letters of Credit (Export, Import, SBLC), Bonds, Guarantees & Indemnities, and Trade Loans.

Daily transaction requests are submitted for Letter of Credit, Guarantees, Collections and other loan-based products. The Letter of Credit team is involved in handling all such request within agreed timeframes. Providing expert banking solutions to the customers, to make banking far easier, and help Barclays become “The Go TO Bank” as a part of our daily job. Major process like Letter of Credit Issuance, Advising, Document Checking, Payments, Guarantee Issuance.

To be successful as a US Trade Operations VP, you should have experience with:

• Manage and process Letters of Credit activities (Export, Import, SBLC), Bank Guarantee and Indemnity

• Ensure smooth functioning of the process and compliance to procedures and policy guidelines

• Actively build relationships with customers (Internal and External)

• Conduct Training for existing and new joiners on Letter of Credit (Export and Import) and BGI

• Ensure compliance to Sanctions, AML, Reg W, Anti-Boycott, and industry regulations that governs the Letter of Credit and BGI products

• SPOC for all Trade related queries

• Support the Process, Metrics & Client (Internal & External)

Some other highly valued skills include:

• Understanding of the Financial Services environment

• Experience in senior stakeholder management. Ability to manage relationships across multiple disciplines

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Barclays Policies and Policy Standards

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills

This role is based in Whippany, New Jersey