Vice President Transaction Control Manager - Trade & Working Capital Operations

J.P. Morgan; Bournemouth; On-site; GBP 85,000 - 130,000; Full time

Job summary

A global leader in finance is seeking a Vice President Transaction Control Manager for Trade & Working Capital Operations. This role will involve managing trade finance escalations and risks, leading a team to achieve operational excellence, and promoting diversity within the workplace. Candidates should possess extensive knowledge of trade products and compliance regulations, along with strong leadership skills.

Qualifications

• Extensive knowledge of trade products including import & export letters of credit and trade loans.
• Expert in ICC Rules and compliance regulations (BSA/AML, OFAC).
• Experience in trade, risk, compliance, or audit areas.

Responsibilities

• Provide leadership to a team, focusing on performance management and diversity.
• Engage with clients and provide advisory services on transaction escalations.
• Deliver training programs and act as a change champion in trade finance.

Skills

Detail oriented

Verbal communication

Written communication

Risk-based decision making

Process analysis

People management

Job description

Are you a strong leader and have experience in trade products? Then you found the right position for you!

As a Vice President Transaction Control Manager - Trade & Working Capital Operations within the Ops Risk team, you will be dealing with trade finance escalations and new business opportunities, identifying the various risks related toSanctions, Money Laundering, Boycott, Export Control and Fraud. In this role, you will also be coaching and mentoring potential leaders and actively engaging on the firm’s agenda on diversity and inclusion

Job responsibilities

• Provide leadership to a team of professionals across different location.Build a world class team that can support the team’s objectives
• Build a strong transparent performance management culture for staff based on meritocracy, continuous communication, timely feedback and appropriate supervisory cover
• Advance an inclusive leadership agenda by building a diverse team, coaching and mentoring potential leaders and actively engaging on the firm’s agenda on diversity and inclusion
• Engage, motivate and influence direct reports, teams and peers and enhance overall employee engagement and retention, working in partnership with support functions
• Build a strong culture in the team that promotes & grows DE&I values
• Work directly with internal partners and external clients, primarily in an advisory capacity, investigate and provide decisions on transaction escalations daily due to a variety of risk drivers: Sanctions / Money Laundering / Boycott / Export Control / Fraud / complex terms, etc
• Provide technical consulting to Trade Operations and internal partners regarding problem trade transactions and new business opportunities by making risk mitigating recommendations and formulating the business’ response/position
• Identify, measure, control and monitor the Global Trade transaction risk for both internal business units and external corporate clients. Limit exposure due to risks such as those resulting from human errors, transaction processing failures and fraudulent activities
• Create and deliver the Trade training program: CDCS certification, re-certification, targeted Trade Regulatory Compliance training, risk roundtable forums with internal partners or external clients
• Acts as a “Change Champion” specifically in the Global Trade Finance Risk and Controls environment
• Provide subject matter expertise and advise on trade transformation projects when required. (e.g., Digitization, Automation etc.)

Required qualifications, capabilities, and skills

• Extensive knowledge of trade products including but not limited to commercial (import & export) and standby letters of credit, documentary collections, bank to bank reimbursements, supply chain finance, trade loans, open account, etc
• Expert level knowledge of ICC Rules, particularly, UCPDC, ISBP, URC, ISP, URR, along with working knowledge of SWIFT rules for 400 and 700 series messages
• Expert knowledge of U.S. regulations such as BSA/AML, OFAC, Anti-Boycott,
• Detail oriented with excellent verbal and written communication skills
• Demonstrate confidence in risk-based decision making with the ability to escalate timely to senior management
• Able to analyze processes, identify opportunities for improvement, and influence internal partners to implement changes
• Able to work on multiple tasks/projects with competing deadlines. Enjoy a global team environment while being comfortable with working as an individual contributor
• Able to operate in a complex, high-pressure, highly regulated environment in support of high-risk processes
• Experience working in trade, risk, compliance or audit areas
• People management experience in a similar environment

Preferred qualifications, capabilities, and skills

• CDCS certification
• CAMS certification
• Prior experience in trade product digitization or automation