Concerning the firm:
Bank Leumi USA, working within the U.S. for greater than fifty years, is an FDIC-insured, full-service business bank that gives monetary providers to center market companies and worldwide companies via workplaces in New York, Illinois, California, Florida and a consultant workplace in Israel.We serve importers and exporters, producers, distributors and retailers in such numerous industries as textiles and attire, meals and wine, leisure, actual property and excessive know-how.Bank Leumi USA is the most important subsidiary of the Leumi Group, Israel’s main banking group, based in 1902, with complete monetary belongings beneath management, exceeding $315 billion and shareholders’ fairness of $7.7 billion. Bank Leumi USA and Bank Leumi le-Israel are separate authorized entities. Bank Leumi le-Israel B.M. is acknowledged as a big pressure in worldwide finance.Bank Leumi le-Israel B.M.’s main banking supervisor is the Bank of Israel. The Leumi Group serves shoppers all over the world by means of 326 branches and workplaces in Israel and overseas, with main world monetary facilities in 15 nations, and a broad community of correspondent banks.Leumi is an Equal Alternative/Affirmative Motion employer. All certified candidates will obtain consideration for employment with out regard to race, colour, faith, intercourse, nationwide origin, incapacity, or protected veteran standing.
Overview of Head of Trade Finance The Head of Trade Finance has direct duty for Letters of Credit score, Assortment and Correspondent Banking Departments. S/he ensures the supply of high quality service and experience to clients and account officers. S/he plans and manages all the Trade Finance Operations to maximise its productiveness and revenues era.
Main Duties of Head of Trade Finance: – In cost of Letters of Credit score, Assortment, and Correspondent Banking Departments- Handle a workforce of Trade Finance Associates- Analyze clients’ most popular charges accepted by the AO, and Trade Finance charges in general- Analyze on a month-to-month foundation the departments’ work load per group, per product and compared to earlier year- Keep and develop shopper relationships and enterprise opportunities- Sound information of all Trade Finance merchandise; export and import collections, Letters of Credit score (L), Standby Letters of Credit score- Approving/Authorizing LC’s, Assure, and Documentary Assortment reviewing and analyzing software and documentation for accuracy and adherence to UCP, departmental and bank procedures
Necessities of Head of Trade Finance:
- A Bachelor’s diploma from an accredited school or college is required, ideally in enterprise administration, economics, or finance.
- Expertise in a business bank, or extra usually the monetary providers business, is most popular.
- A minimal of three years of expertise managing a staff onsite and in distant location
- 7+ years expertise in money management required, with emphasis in deposit, money management, overseas change, commerce finance and lending/credit score merchandise
- 5+ years of working information in main commerce finance merchandise, related ICC/UCP guidelines, expertise in LC and Collections transactions in banking setting
- Confirmed expertise in marketing commerce and as money management merchandise.
- Wonderful oral and written communication expertise and a demonstrated means to work with all ranges of personnel are wanted
Job Sort: Full-time
Job Location:
- New York, NY
Required schooling:
- Bachelor’s
Required expertise:
- business banking: 10 years
- commerce finance operations: 10 years
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