Transaction Processing Specialist-140081695 Job Description J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. As a documentary examiner, you will perform detailed and in-depth duties related to examination and payment of Letters of Credit documents: sight, time and transfer documents. Knowledge and experience in Letters of Credit transactions preferred. Major Functions: Working independently within a team and under minimal supervision, perform the following detailed activities: •Review documents presented under letter of credit for boycott and compliance. •Review LC documents for conformity to letter of credit terms and conditions. •Review documents presented under transfer LCs •Create compliant documents under a letter of credit according to the customer instructions •Document all discrepancies and contact clients. •Claim reimbursement from third party banks. •Process payment transactions •Communicate via telephone, emails, faxes, telex and swift correspondence with clients. •Create tickers and follow up as necessary Qualifications •PC and computation skills •Ability to organize and change priorities frequently, multitask. •Strong work ethics •Taking ownership and responsibility •Strong analytical skills •Enthusiasm and Motivation for learning •Good communication skills, both written and oral •Strong planning, organizing and prioritizing skills •Quality & timeliness – strong focus on attention to detail and timely delivery •Strong interpersonal skills to facilitate customer service and team work •Strong English written and verbal communication skills Knowledge and Skills Preferred: · Thorough Knowledge of UCP 600 · Thorough knowledge of Boycott, OFAC and Money Laundering procedures · Knowledge of all phases of Letters of Credit transactions · Thorough knowledge and at least two years document examination experience · Thorough knowledge of transfer LCs JPMorgan Chase is an equal opportunity and affirmative action employer M/F/Disability/Veteran. Job Letter of Credit Primary Location US-IL-Chicago-Citadel Center / 52735 Organization CORPORATE & INVESTMENT BANK Schedule Full-time Job Type Standard Shift Day Job Employee Status Regular
Posted on: Fri, 19 Sep 2014 23:43:07 +0000
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