Trade Finance Associate - McLean, VA

Employer
Capital One
Location
McLean, Virginia
Posted
May 13, 2022
Closes
Jun 12, 2022
Ref
R140138
Function
Finance
Hours
Full Time
Locations: VA - McLean, United States of America, McLean, Virginia

Trade Finance Associate - McLean, VA

Commercial Operations is looking for a candidate to join our Trade Finance Services team. This role involves servicing trade clients transacting with domestic and international parties. Considering the regulatory, financial, and operational risk associated with letters of credit and documentary collections, candidates must evidence the highest levels of ownership, attention to detail, critical thinking, and risk management.

Responsibilities:
  • Responsible for negotiating, issuing, and advising Standby and Trade Letters of Credit for domestic and international transactions.
  • Responsible for processing Documentary Collection transactions.
  • Negotiate draft Letters of Credit and provide commentary to internal/external stakeholders.
  • Act as point of contact for clients conducting Import, Export, and Standby related business transactions.
  • Exposure to syndicated lending credit facilities. Managing direct and indirect LC exposure.
  • Opine and negotiate credit agreement language with internal and external counsel as it relates to Letters of Credit.
  • Identifying and resolving issues and escalating to direct and senior management.
  • Act as Liaison between Trade Finance Services and technology support teams.
  • Perform post audit review of Trade Finance Service products and services.


The ideal candidate will:
  • Have a risk management and control focus with a high level of personal accountability and ownership of their role.
  • Excellent communication and interpersonal skills to interact effectively with Internal/External clients.
  • Highly motivated professional, possessing strong analytical thinking, problem solving skills, and attention to detail.
  • An interest and/or fungible skills in machine learning, robotic process automation, and application improvement.
  • Demonstrate aptitude to question current procedures with a focus on continuous process improvement.
  • Ability to respectfully challenge, make decisions and handle multiple projects or deadlines in a fast-paced environment.
  • International banking experience.


Work at Home Technology Requirements:
  • A secure home office environment that is free from background noise and distractions
  • A reliable private internet connection that is not supplied by use cellular data (hot spot)
    • Cable or fiber connections are preferred
    • Internet service download speeds must be at least 5 mbps, with 10+ mbps preferred - check your download speed using a speed test. A sample one can be found here . To test your home internet from your personal computer at home, type www.speedtest.net into the web browser of your personal computer.
    • Sustained ability to maintain latency less than 250 ms in voice calls is required
  • Hard wired connectivity is preferred, any use of wireless connectivity must be Private (non-public) and password protected through WPA2-PSK (AES) encryption. If you have any questions about your encryption, please consult with your internet provider
    • A private network is password protected where you have ownership or line of sight to every device on the network
  • Capital One reserves the right to request proof of internet provider, speed and service package from the associate
  • Requirements are subject to change, as new systems and technology is delivered. Capital One reserves the right to modify internet service requirements with sixty (60) days notice.


Candidates must live within 100 miles driving distance of one of the hub locations based in Mclean, VA

Basic Qualifications:
  • High School Diploma, GED, or Military Experience.
  • At least 1 year of banking experience


Preferred Qualifications:
  • Bachelor's Degree
  • International Banking Experience
  • CDCS accreditation
  • At least 2 years of experience in Trade Finance
  • At least 1 year experience in International Chamber of Commerce Rules and Regulations for Documentary Letters of Credit,
  • At least 1 year experience with Standby Letters of Credit
  • At least 1 year experience with Documentary Bills for Collection
  • At least 1 year experience with Uniform Rules for Reimbursement and International Standard Banking Practice.

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

No agencies please

Capital One is an equal opportunity employer committed to diversity in the workplace. Capital One promotes a drug-free workplace.

All qualified applicants will receive consideration for employment without regard to gender, race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status protected by applicable national, federal, state or local law.

Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; Newark, New Jersey Ordinance 12-1630; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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