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Operations Analyst

Job in Jersey City, Hudson County, New Jersey, 07390, USA
Listing for: Axelon Services Corporation
Full Time position
Listed on 2026-01-13
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Compliance, Banking Operations, Banking & Finance
Salary/Wage Range or Industry Benchmark: 32.14 USD Hourly USD 32.14 HOUR
Job Description & How to Apply Below
Job Title: Operations Analyst - Level 3 - Hourly
Location:
Jersey City, NJ
Pay Rate: $32.14/hr


Responsibilities:
  • Transaction processing of all Standby letter of credit, Guarantee, and Documentary letter of credit trade finance products.
  • Issuance and maintenance of standby letters of credit.
  • Advising/Confirming and maintenance of standby letters of credit.
  • Examination of default drawing and direct pay presentations.
  • Processing written correspondence and verbal communications with internal and external customers.
  • Calculating and tracking fees and commissions.
  • Issuance and maintenance of Documentary Letters of credit.
  • Drafting technical terms and conditions language for standby letters of credit, guarantees, and documentary letters of credit.
  • Reviewing transactions for regulatory compliance and anti-boycott violations.
  • Interacting with various parties to resolve disputes and provide technical guidance.
  • Performing various administration functions related to the maintenance of letter of credit files.
  • Resolving inquiries from internal and external clients in a timely manner.
  • Ensuring all transactions are completed within established time frames.
  • Staying current on Trade Finance Guidelines and Regulatory/Legal requirements.
  • Performing Ad-Hoc tasks as directed by Team Leader/Management.
Minimum Required Qualifications:
  • 5-7 years of Standby Letter of credit technical experience.
  • Knowledge of UCP 600, ISP
    98, and familiarity with Uniform Commercial Code Article 5.
  • Working knowledge of AML, OFAC, and U.S. Anti-boycott regulations.
  • Proficiency in Microsoft Office Suite.
  • Familiarity with bank accounting related to trade finance products.
Preferred Qualifications:
  • 10+ years of Standby and Documentary Letter of credit technical experience.
  • Superior knowledge of UCP 600, ISP
    98, and familiarity with Uniform Commercial Code Article 5.
  • Exposure to an automated letter of credit processing environment.
  • Good understanding of AML and OFAC Compliance regulations.
  • Good understanding of Letter of credit contingent and fee accounting.
  • Proficiency in Microsoft Office Suite.
  • Good written and oral communications skills.
  • Good understanding of drafting technical letter of credit terms and conditions.
AXEL
01
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