Trade Finance Standby Letter of Credit Specialist - Military Veterans
at UBS Financial Services, Inc.
We're looking for a Trade Finance Standby Letter of Credit Specialist to join our team. You will:
• assist in managing the Letter of Credit Portfolio for the Investment Bank, Financial Services, & Bank USA by processing Issuances, Amendments, auto extension etc. and any other work related duties to ensure that the team's work is completed in a timely manner.
• coordinate with our internal clients (i.e. Client and Financial Advisors) to gather required documentation in order to draft, issue and amend Letters of Credit. Ensure transactional due diligence is performed and any issues are escalated
• monitor daily reports to ensure all accounts are properly updated regularly and accurately which reflects the current status of pending and completed work
• work with team members to orchestrate the timely exchange of information to ensure client needs are met
• partner with internal business units in order to provide and obtain information critical to the unit's success
• review and analyze timelines on cases that are outside time standard and suggest workflow improvements
• maintain a high degree of interaction with Risk Management, Legal, Compliance and all other levels of the organization to resolve any documentation, credit, regulatory or operational issues
• ensure adherence to OFAC, AML, and other U.S. Federal regulatory compliance regulations
Detailed Salary Information by city(ies):
• New York: the salary range for this role is $65000 to $80000
The expected salary range(s) for this role as of the date of this posting is/are based on factors including, but not limited to, experience, qualifications, education, location and skill level. This role may also be eligible for discretionary incentive compensation. For benefits information, please visit ubs.com/usbenefits.
New York, NY
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At UBS Financial Services, we appreciate our veterans and are committed to providing opportunities in Financial Services. That‘s why we‘re interested in meeting talented individuals like you for our customized post-military programs!
Veterans Associate Program (VAP):
- 22-Week Internship in-person NYC/NJ (Application window is now closed)
- Provide tailored training, development, networking and mentoring opportunities for degreed transitioning veterans
- Divisionally aligned rotations across Global Wealth Management, the Investment Bank and Asset Management
- Key hiring areas: Global Wealth Management, Investment Banking, Asset Management
Enlisted Veterans Apprenticeship Program (EVAP):
- Provide tailored training and development for transitioning veterans pursuing their degree
- Full time apprenticeship across Wealth Advice Center and Group Functions
- Key hiring areas: Wealth Advice Center, Risk, Compliance, Wealth Management Operations, Investment Bank Operations and Corporate Functions opportunities.
Military Spouse Program
- Provide hybrid and remote full-time opportunities to the spouses of active-duty service members
- Tailored training and development for military spouses
- Opportunities across all business divisions
From gaining new experiences in different roles to acquiring fresh knowledge and skills – at UBS we believe that you should never stop growing and learning because life never stops teaching. We know that it's our people – with their unique backgrounds, skills, experience levels and interests – who drive our ongoing success. Ready to be part of #teamUBS and make an impact? Apply today!