Trade Finance Specialist

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

nRegions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

nJob Description:

nAt Regions, the Trade Finance Specialist will process standby letters of credit, commercial letters of credit, documentary collections, shared national credits, participations, funds, and pay off loans to clients under EX-IM bank working capital guarantee and other insured loan products according to industry standards and publications that governs said products.

nPrimary Responsibilities

nnnEnsures client needs are met and/or exceeded within established service level agreement

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nnIssues, amends, and pays standby letters of credit, commercial letters of credit, and documentary collections according to industry standards

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nnProcesses loan requests and monitors borrowing bases under working capital guarantees and EX-IM bank policies within defined coverages

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nnProcess any credits returned for cancellation

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nnEnsures policies regarding regulatory, credit, and operational risk mitigation is adhered to

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n nThis position requires the tracking of time and is eligible for overtime under the non-exempt FLSA classification for hours worked in excess of 40 per week.

nRequirements

nnnHigh School Diploma or GED

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nnOne (1) year of banking experience

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n nPreferences

nnBachelor's degree

n nSkills and Competencies

nnnAbility to work under pressure

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nnDetail oriented with strong emphasis on producing an accurate and professional product

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nnProficient in Microsoft Office (Excel, Word, PowerPoint, Etc)

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nnStrong verbal, written, and organizational skills

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n nThis position may be filled at a higher level depending on the candidate's qualifications and relevant experience.

nPosition Type

nFull time

nCompensation Details

nPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

nThe target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

nJob Range Target:

nMinimum:

n$42,000.00 USD

nMedian:

n$50,725.50 USD

nIncentive Pay Plans:

nThis job is not incentive eligible.

nBenefits Information

nRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. ( Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

nnnPaid Vacation/Sick Time

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nn401K with Company Match

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nnMedical, Dental and Vision Benefits

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nnDisability Benefits

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nnHealth Savings Account

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nnFlexible Spending Account

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nnLife Insurance

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nnParental Leave

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nnEmployee Assistance Program

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nnAssociate Volunteer Program

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n nPlease note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.

n nLocation Details

nPonce De Leon

nLocation:

nCoral Gables, Florida

nEqual Opportunity Employer/including Disabled/Veterans

nJob applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.