Operations Analyst

BAMM

  • Jersey City, NJ
  • 2 days ago

    Highlights

    The role involves analyzing operational workflows, identifying efficiencies, ensuring accurate processing, and supporting system and process improvements to maintain compliance and operational excellence. Analyze end-to-end Trade Finance operational processes, including Import and Export Letters of Credit and Documentary Collections, to identify gaps and efficiency opportunities.

    Numbers & Facts

    LocationJersey City, NJ

    Description

    Onsite in Jersey City, NJ

    Responsibilities:
    • The Trade Finance Operations Analyst is responsible for supporting and enhancing Trade Finance Operations processes, with a focus on Letters of Credit and Documentary Collections.
    • The role involves analyzing operational workflows, identifying efficiencies, ensuring accurate processing, and supporting system and process improvements to maintain compliance and operational excellence.
    • Analyze end-to-end Trade Finance operational processes, including Import and Export Letters of Credit and Documentary Collections, to identify gaps and efficiency opportunities.
    • Support the processing of Import and Export Letters of Credit, including issuance, advising, confirmations, settlements, and financing activities.
    • Review and improve operational workflows to enhance accuracy, turnaround time, and risk controls.
    • Collaborate with technology, product, and operations teams to support system enhancements and process automation initiatives.
    • Participate in system testing (QA) and (UAT), including preparation of test cases, execution, and issue resolution for trade finance platforms.
    • Ensure all operational activities comply with ICC rules (e.g., UCP, URC, ISBP), internal policies, and regulatory requirements.
    • Maintain and update process documentation, standard operating procedures, and user guides.
    • Support invoicing, commission processing (advance and arrears), and daily accrual activities.
    • Assist in managing syndicated Letter of Credit transactions and complex trade structures from an operational standpoint.
    • Provide data analysis, reporting, and insights to support operational performance and decision-making.
    • Support change management, including communication and training for new processes and system updates.

    Qualifications and Skills
    • Bachelor's degree required; Master's degree preferred.
    • Proven experience in Trade Finance Operations, with strong knowledge of Letters of Credit and Documentary Collections.
    • Strong understanding of ICC rules (UCP, URC, ISBP) and trade finance regulatory requirements.
    • Experience in process improvement, operations analysis, or workflow optimization.
    • Strong attention to detail, risk awareness, and ability to operate in a high-volume, control-focused environment.
    • Familiarity with trade finance systems and operational workflows.
    • Certificate for Documentary Credit Specialist (CDCS) is an advantage.
    • Excellent analytical, problem-solving, and stakeholder communication skills.

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