Trade Finance Operations Analyst
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Overview
Remote
On-site
Compensation
$56-$56/hour
Job Description
JOB DESCRIPTIONTrade Finance Operations AnalystLocation: Jersey City, NJWork Arrangement: OnsiteDuration: 6-month contractPay Rate: $56.17/hr W2Position OverviewWe are seeking an experienced Trade Finance Operations Analyst to support and enhance Trade Finance Operations, with a primary focus on Letters of Credit and Documentary Collections.This position will analyze operational workflows, identify opportunities for improved efficiency and controls, support transaction processing, and contribute to system and process enhancements. The ideal candidate has direct trade-finance operations experience, strong knowledge of ICC rules, and the ability to work effectively in a high-volume, control-focused environment.Key Responsibilities
- Analyze end-to-end Trade Finance Operations processes to identify gaps, risks, and efficiency opportunities.
- Support Import and Export Letters of Credit, including:
- Issuance and advising
- Confirmations
- Settlements
- Financing activities
- Process and support Documentary Collections.
- Review operational workflows to improve accuracy, turnaround times, risk controls, and overall efficiency.
- Collaborate with Technology, Product, and Operations teams on system enhancements and process-automation initiatives.
- Participate in quality assurance and User Acceptance Testing, including:
- Preparing test cases
- Executing test scenarios
- Documenting results
- Identifying and resolving issues
- Ensure operational activities comply with ICC rules, including UCP, URC, and ISBP, as well as internal policies and regulatory requirements.
- Maintain and update process documentation, standard operating procedures, and user guides.
- Support invoicing, advance and arrears commission processing, and daily accrual activities.
- Provide operational support for syndicated Letters of Credit and complex trade-finance structures.
- Perform data analysis and prepare reporting to support operational performance and decision-making.
- Support change-management activities, including stakeholder communication and training for new processes and system updates.
- Bachelor's degree.
- Direct experience in Trade Finance Operations.
- Strong working knowledge of Import and Export Letters of Credit.
- Experience processing or supporting Documentary Collections.
- Knowledge of Letter of Credit issuance, advising, confirmation, settlement, and financing activities.
- Strong understanding of ICC rules, including UCP, URC, and ISBP.
- Experience with trade-finance systems and operational workflows.
- Experience with process improvement, operations analysis, or workflow optimization.
- Strong analytical, problem-solving, and data-analysis skills.
- Excellent attention to detail and risk awareness.
- Ability to perform effectively in a high-volume, control-focused environment.
- Strong written, verbal, and stakeholder-communication skills.
- Master's degree.
- Experience with QA or UAT for trade-finance platforms.
- Experience supporting syndicated Letters of Credit and complex trade structures.
- Knowledge of invoicing, commission processing, and daily accrual activities.
- Experience supporting automation or system-enhancement initiatives.
- Certificate for Documentary Credit Specialists (CDCS).
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FAQs About Trade Finance Operations Analyst Jobs at Veterans Sourcing Group
What is the work location for this position at Veterans Sourcing Group?
This job at Veterans Sourcing Group is located in Jersey City, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Veterans Sourcing Group?
Candidates can expect a pay range of $56.17–$56.17 per hour for this role.
What employment applies to this position at Veterans Sourcing Group?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Veterans Sourcing Group?
You can apply for this role at Veterans Sourcing Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.