Commercial Letters of Credit Documents Examiner

Location: Tampa, FL, United States

Job Family: Specialty Product

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a proud history of innovation and client focus. The Commercial Letters of Credit Documents Examiner role within our Corporate & Investment Bank division is pivotal in supporting our Specialty Products team, which handles Standby Letters of Credit, Guarantees, Collections, Supply Chain Finance, and Loan products. Based in our state-of-the-art Tampa, FL facility, you will play a key role in ensuring the seamless processing of international trade transactions, safeguarding our clients' interests while adhering to stringent global standards. This position offers the opportunity to contribute to high-impact financial operations in a dynamic environment that values precision and expertise. In this role, you will meticulously examine documents for compliance with International Chamber of Commerce (ICC) rules such as UCP 600 and ISP98, identifying any discrepancies that could affect transaction outcomes. You will collaborate with cross-functional teams across JP Morgan Chase's global network to resolve issues, mitigate risks, and facilitate efficient trade finance solutions. Responsibilities extend to reviewing supply chain finance and loan syndications, ensuring all documentation aligns with regulatory requirements and internal policies. Your work will directly support our commitment to delivering reliable, innovative financial products to corporate clients worldwide. We seek a detail-oriented professional with a strong foundation in trade finance to join our Tampa team. Ideal candidates thrive in fast-paced settings, possess a keen eye for detail, and are passionate about the evolving landscape of global banking. At JP Morgan Chase, you'll have access to unparalleled resources for professional growth, including training on cutting-edge trade finance technologies and exposure to diverse international markets. Join us to advance your career while contributing to the integrity and success of one of the world's most trusted financial institutions.

Key Responsibilities

• Examine and verify documents for commercial letters of credit, standby letters of credit, and guarantees to ensure compliance with terms and ICC rules
• Review collections, supply chain finance, and loan documents for accuracy and adherence to JP Morgan Chase policies
• Identify discrepancies in documentation and recommend resolutions to mitigate risks
• Collaborate with global trade finance teams to support client transactions and resolve issues
• Conduct risk assessments on specialty products to ensure regulatory compliance
• Process and approve or reject documents based on established criteria, maintaining audit trails
• Assist in training junior staff on document examination best practices
• Monitor and report on portfolio performance for standby letters of credit and related products
• Liaise with clients and counterpart banks to facilitate smooth transaction processing
• Stay updated on changes in trade finance regulations and implement necessary updates in workflows

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• Minimum of 3 years of experience in trade finance, letters of credit, or documentary credits examination
• In-depth knowledge of International Chamber of Commerce (ICC) rules, including UCP 600, ISP98, and URR 725
• Proficiency in reviewing and examining commercial and standby letters of credit documents for compliance
• Strong understanding of banking regulations and risk management in financial services
• Experience with supply chain finance and loan syndication products
• Ability to work in a fast-paced, high-volume environment with attention to detail

Preferred Qualifications

• Certified Trade Finance Professional (CTFP) or equivalent certification
• Prior experience at a major financial institution like JP Morgan Chase
• Familiarity with SWIFT messaging and trade finance software systems
• Knowledge of anti-money laundering (AML) and know-your-customer (KYC) procedures
• Advanced proficiency in Microsoft Office Suite, particularly Excel for data analysis

Required Skills

• Expertise in UCP 600 and ISP98 for letters of credit
• Documentary credit examination and discrepancy analysis
• Trade finance product knowledge (standby LCs, guarantees, collections)
• Supply chain finance and loan documentation review
• Regulatory compliance and risk assessment
• Attention to detail and analytical thinking
• Proficiency in SWIFT and trade finance platforms
• Strong communication and interpersonal skills
• Problem-solving in high-pressure environments
• Time management and multitasking abilities
• Knowledge of AML/KYC in financial services
• Excel and data analysis for reporting
• Team collaboration and client relationship management
• Adaptability to evolving banking regulations
• Basic understanding of international trade laws

Benefits

• Comprehensive medical, dental, and vision insurance plans
• 401(k) retirement savings plan with company matching contributions
• Generous paid time off, including vacation, sick days, and holidays
• Professional development programs and tuition reimbursement
• Employee stock purchase plan and performance-based bonuses
• Wellness programs with gym memberships and mental health support
• Flexible work arrangements, including hybrid options in Tampa, FL
• Parental leave and family care benefits

JP Morgan Chase is an equal opportunity employer.