Trade & Working Capital - Specialty Product Associate II

Location: Tampa, FL, United States

Job Family: Specialty Product

About the Role

At JPMorgan Chase, we are at the forefront of innovation in the financial services industry, and our Trade & Working Capital team plays a pivotal role in delivering world-class solutions to clients worldwide. As a Specialty Product Associate II in Tampa, FL, you will join a dynamic team dedicated to processing Standby Letters of Credit (SBLCs) and Bank Guarantees, essential instruments that support international trade and mitigate risks for our global clientele. This role within the Corporate & Investment Bank division offers the opportunity to contribute to high-impact transactions while leveraging cutting-edge technology and robust risk management frameworks that define JPMorgan's leadership in trade finance. In this position, you will handle the end-to-end processing of specialty products, from initial review of client applications to final issuance and amendment management. You will ensure all transactions comply with international standards such as UCP 600 and ISP 98, while collaborating with cross-functional teams to resolve complex issues and optimize working capital for clients. Your keen eye for detail will be crucial in verifying documentation, identifying discrepancies, and maintaining the integrity of our processes, all while providing exceptional service that strengthens client relationships and drives business growth. JPMorgan Chase values innovation, integrity, and inclusion, and as part of our team, you will have access to unparalleled resources for professional growth, including training on advanced trade finance tools and exposure to diverse market dynamics. This role not only demands technical expertise but also a commitment to excellence in a collaborative environment, where your contributions directly impact the success of one of the world's most admired financial institutions. Join us in Tampa to advance your career in specialty products and be part of shaping the future of global trade.

Key Responsibilities

• Process and review Standby Letters of Credit (SBLCs) and Bank Guarantees, ensuring compliance with client instructions and regulatory requirements
• Verify documentation for accuracy, completeness, and adherence to international standards like UCP 600
• Monitor transaction statuses, resolve discrepancies, and coordinate with internal teams and clients to facilitate timely settlements
• Assess risks associated with trade finance products and escalate issues to senior management as needed
• Support working capital optimization by analyzing client needs and recommending appropriate financing solutions
• Maintain accurate records in JPMorgan's systems and generate reports for audit and compliance purposes
• Collaborate with global teams to handle cross-border transactions and provide exceptional client service
• Stay updated on changes in trade finance regulations and implement process improvements
• Assist in training junior associates on specialty product processing
• Contribute to departmental goals by identifying efficiencies in transaction workflows

Required Qualifications

• Bachelor's degree in Finance, Business Administration, or a related field
• Minimum of 2-3 years of experience in trade finance, letters of credit, or bank guarantees
• Strong understanding of international trade regulations and compliance standards such as UCP 600 and ISP 98
• Proficiency in financial systems and transaction processing software
• Excellent attention to detail and accuracy in handling high-volume transactions
• Ability to work in a fast-paced, deadline-driven environment
• U.S. work authorization without sponsorship

Preferred Qualifications

• Experience with JPMorgan Chase's internal trade finance platforms
• Knowledge of risk management in working capital solutions
• Certification in trade finance (e.g., Certified Trade Finance Professional)
• Familiarity with SWIFT messaging and ISO 20022 standards
• Prior exposure to specialty products in a global banking environment

Required Skills

• Trade finance processing
• Letters of credit examination
• Bank guarantees management
• Regulatory compliance (UCP 600, ISP 98)
• Risk assessment and mitigation
• Attention to detail
• Analytical thinking
• Communication skills (verbal and written)
• Problem-solving abilities
• Time management in high-pressure settings
• Proficiency in Microsoft Office Suite
• Knowledge of financial software (e.g., SWIFT, Finacle)
• Customer service orientation
• Team collaboration
• Adaptability to changing regulations

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
• Parental leave and family care benefits
• Flexible work arrangements and commuter assistance

JP Morgan Chase is an equal opportunity employer.