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Trade Services Specialist

Lead a team to process letters of credit and international collections efficiently
Bangalore
Senior
yesterday
Wells Fargo

Wells Fargo

A multinational financial services company offering banking, investment, mortgage, and consumer and commercial finance products and services.

Trade Services Specialist

Wells Fargo is seeking a Trade Services Specialist. In this role, you will:

  1. Service clients by leading a team of Trade Service Representatives
  2. Act as a back up to the trade service managers, while providing feedback and recommendations to improve less experienced staff
  3. Provide input to managers on performance and recommendations relative to salary and promotion for less experienced staff
  4. Analyze the continued satisfaction and retention of existing clients and referral of international banking issues
  5. Train and coach daily work flow of less experienced staff, resolve routine issues and escalated problems
  6. Perform issuing, advising and amending of letters of credit, negotiation of letters of credit documents, processing documentary and direct collections in accordance with Trade Services standards
  7. Present recommendations for identifying opportunities for growth through client referrals and making recommendations to changes in existing policies, practices and procedures
  8. Develop full working knowledge of complex letter of credit documentation, governing regulations, bank operations and credit risk
  9. Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals

Required Qualifications:

  • 2+ years of Trade Services experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

We value equal opportunity.

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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Trade Services Specialist
Bangalore
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About Wells Fargo
A multinational financial services company offering banking, investment, mortgage, and consumer and commercial finance products and services.