Ops Intrmed SpeclTrade Svcs

Brown Brothers Harriman New York City, NY

Company

Brown Brothers Harriman

Location

New York City, NY

Type

Full Time

Job Description

At Brown Brothers Harriman, we believe no job is too big or small for any of us to handle if it helps our clients. We value passionate, committed people who enjoy collaborating with others to find new solutions to complex business challenges. We are looking for the type of person who speaks their mind, truly listens, and steps outside their role to add value wherever they can. Someone who is driven to get things done and views obstacles as an exciting challenge that demands a creative solution. Above all, we seek someone who takes great pride in their work and is inspired and motivated by their role in protecting and enhancing our client's financial well-being.

If you are looking for an entrepreneurial environment where you can learn and thrive, Brown Brothers Harriman is the right place for you.

Join us as an Ops Intermediate Specialist, Trade Services

POSITION SUMMARY

Ops Intrmd Specl - Trade Svcs: This 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, and reconciliation, faxing, e-mailing, filing and communicating with other departments, operations groups, account managers and clients. This position will also contribute to projects.

PRINCIPAL RESPONSIBILITIES

1. 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
  • Verify the accuracy of the processed transactions by other specialists.
  • Manage daily volume.
  • Perform intraday and end of day reconciliation of daily work.
  • Help to ensure all deadlines and requirements are being met.

2. Client Service

  • Provide superior client service
  • Ensure timely response to internal and external requests.
  • Follow up on open inquiries.

3. Risk Management

  • Help to identify and document errors in an effort 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 in order to minimize risk and exposure.

4. 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.

KNOWLEDGE, SKILLS AND ABILITIES

  • Education level and/or relevant experience(s)
  • BS/BA degree or equivalent work experience.
  • 3 to 5 years of Loan or Trade Services experience.

Knowledge and skills (general and technical)

  • Proven knowledge of one or more product area within Operations and its process.
  • 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 through effective verbal and written skills.
  • Strong organizational skills.
  • Ability to multi-task and effectively juggle assignments.
  • Ability to work in a team environment.
  • Ability to meet deadlines and work under pressure.
  • Proactive self starter who is detail and goal oriented.

Other requirements (licenses, certifications, specialized training, physical or mental abilities required)

  • Intermediate knowledge of ICC Rules such as: International Standard Banking Practice for the Examination of Documents under Documentary Credits ("ISBP"), Uniform Customs and Practices for Documentary Credits ("UCP"), International Standby Practices ("ISP"), Uniform Rules for Collections ("URC") and Incoterms
  • Knowledge of the BankTrade system is preferred
  • Certified Documentary Credit Specialist ("CDCS") is preferred

What We Offer:

• Direct access to clients, information, and experts across all business areas around the world

• Opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm

• A culture of inclusion that values each employee's unique perspective

• High-quality benefits program emphasizing good health, financial security, and peace of mind

• Rewarding work with the flexibility to enjoy personal and family experiences at every career stage

• Volunteer opportunities to give back to your community and help transform the lives of others

BBH's compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range for this role is $55,000 to $70,000 which is specific to New York,NY 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 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.

Full time

New York

Date Posted

01/29/2023

Views

8

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