Trade Finance Services Specialist II (Standby Letter of Credit) - Scranton, PA

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for performing a variety of technical and analytical functions related to trade financing and servicing. Key responsibilities include researching, analyzing, auditing, tracing, and resolving trade documents that require specialized, sensitive, or exception handling. Job expectations include evaluating acceptances, issuances, amendments, and negotiations for import and export, standby and government letters of credit, and bankers acceptances related to trade financing.

Responsibilities:

• Processes transactions related to various Trade Finance products and performs support and servicing functions, such as problem resolution and exception handling for clients and business partners
• Communicates complex data and information clearly and effectively to clients and business partners
• Performs a variety of technical and analytical functions related to trade financing and servicing including researching, analyzing, auditing, tracing, and resolving Trade Finance documents that require specialized, sensitive, or exception handling
• Manages risk by ensuring transactions are handled efficiently and proactively, identifying and escalating potential risks
• Develops capabilities and competencies through self-study or participation in trainings on system enhancements

Skills:

• Attention to Detail
• Customer and Client Focus
• Adaptability
• Collaboration
• Prioritization
• Recording/Organizing Information
• Analytical Thinking
• Oral Communications
• Problem Solving
• Research

Shift:

1st shift (United States of America)

Hours Per Week: 

40