Tuesday, September 27, 2011

J.P. Morgan Recruitment

JOB DESCRIPTION
TRANSACTION PROCESSING SPECIALIST — TRADE FINANCE OPERATIONS - PROFESSIONAL LEVEL (Based in Nigeria)-110058558


www.jpmorganchase.com

JOB DESCRIPTION
KEY OBJECTIVES:

To coordinate and handle Trade Finance Service Delivery on behalf of London branch for local client/beneficiary base. To provide first line client support ensuring that all client service issues are dealt with promptly. The incumbent of this role will work closely with Operations and with Sales and will be required to attend meetings with new and existing clients in line with Service Level plans and to contribute to review of service deliverables for potential clients. The incumbent is required to focus upon transactions within their specialist area and to be able to move to other disciplines as and when required within EMEA Trade Ops department covering all Trade Products handled.

PRINCIPAL RESPONSIBILITIES:
To provide technical guidance on complex transactions.
To manage different components of workload, Service Delivery Window and EMEA Trade Ops on daily basis ensuring adherence to designated deadlines and controls.
To investigate, analyse and resolve complex customer enquiries/requirements to provide solutions in the operating environment.
To participate in other initiatives within the EMEA Trade Ops department to support business strategy and objectives.
Receipt, registration to GTS and scanning of Trade Finance instructions to Bournemouth/Mumbai as appropriate.
Receipt and distribution of Letter of Credit instructions to the client or processing hub as appropriate.
Review each Letter of Credit request/documents presented to ensure workability and correct number of documents presented.
Monitoring of transactions assigned to technician and to processing team within GTS to ensure throughput is complete.
Perform first check of documents presented and second check, if appropriate, in line with doc checking limit allocated to the individual .
Advise presenter of any discrepancies noted and possible solutions, take instructions and initiate appropriate course of action.
To process any transaction as determined by workload, client base or hub routing.
To adhere to all established work and escalation processes.
To participate in deal structure meetings with client, Sales partner and Bournemouth hub to ensure that instruction will be workable and complete.
To work with minimum supervision and act on own initiative to identify tasks to be undertaken on the unit.

QUALIFICATIONS
Extensive experience of Trade Finance processing together with up to date knowledge of current market practice, UCP600, ISP98, and regulatory issues.
The incumbent must demonstrate excellent verbal and written communication skills in English to communicate transactional information and to resolve queries with both internal and external clients together with an ability to understand the client's business environment to predict client needs and to provide appropriate solutions.
A strong team player is required for this role demonstrating time management and planning ability and the flexibility to operate as a member of a two person team in Nigeria as well as a member of the wider EMEA Trade Ops team.
The incumbent must demonstrate the ability to manage multiple tasks and priorities on a daily basis.
JPMorgan offers an exceptional benefits program and a highly competitive compensation package
JPMorgan is an Equal Opportunity Employer.

Job Letter of Credit
Primary LocationNG-LA-Lagos
Organization Treasury & Securities Services
Schedule Full-time
Job Type Standard
Shift Day Job
Employee Status Regular
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