Penn Foster

Incumbent will manage middle office activities, interfacing with the Wire Room and Loan Operations to verify correct bookings.. Understand letter of credit and foreign exchange pricing conventions; work closely with Middle Office to ensure l/cs are processed; and the Trading Desk to price and execute FX transactions.. Review Trade Finance and Letter of Credit Documentation, and advise client of any outstanding issues.. Investigate and solve any issue with FX and letter of credit transactions in a timely manner.. Assist Loan Operations, Item Processing, Wire Room and Reconciliation Team with international transactions.

banking operations

Primary Office Location: One North Shore Center. Pittsburgh, Pennsylvania. 15212. Join our team. Make a difference - for us and for your future. Position Title: Vice President of International Banking Operations Business Unit: Commercial Banking Reports to: Managing Director of International Banking Position Overview: The incumbent shall serve as a Portfolio Manager, providing sales, operational and analytical support for all product categories including but not limited to Letters of Credit, Foreign Exchange, Global Treasury Solutions and Canadian Banking. He/she must possess high expertise in SWIFT messaging. Incumbent will manage middle office activities, interfacing with the Wire Room and Loan Operations to verify correct bookings. He/she shall maintain good relationships with RMs, the back office, Compliance Department and Finance Department to support International Banking portfolio of clients.
Primary Responsibilities: Act as the technical liaison and system expert for the Trade Finance and FX systems. Incumbent must demonstrate thorough understanding of all functionalities from both the client’s and FNB’s perspective. Understand letter of credit and foreign exchange pricing conventions; work closely with Middle Office to ensure l/cs are processed; and the Trading Desk to price and execute FX transactions. Manage middle office activities from trade initiation to trade confirmation. Demonstrate unparalleled expertise in SWIFT messaging (MT100s - MT900s). Manage international portfolio of trade finance (l/cs, documentary collections, etc.) and multicurrency loans. Monitor the Trade Finance and FX systems to make sure all transactions and EOD (End-of-Day) closings are processed correctly and on time. Serve as primary contact for customer feedback including but not limited to new client on-boarding, FXonline system training, problem resolution, discussing the features and benefits of International Banking products and services. Review Trade Finance and Letter of Credit Documentation, and advise client of any outstanding issues. Assist with post trade activities for foreign exchange and global trade transactions. Investigate and solve any issue with FX and letter of credit transactions in a timely manner. Assist the sales team with on-boarding of new clients. Assist Loan Operations, Item Processing, Wire Room and Reconciliation Team with international transactions. Help conduct due diligence on new international opportunities as required by bank policy. Monitor and analyze nostro accounts, and notify Finance/Reconciliation Team as needed. Make sure general ledgers and nostro accounts are reconciled per bank policy. Provide sales and middle office support for Ex-Im Bank Working Capital Loan Program and monitor program reporting requirements. Provide Ex-Im Bank guidelines to Credit Department for underwriting purposes. System Enhancements/Upgrade - manage pre-production testing for the various systems used by the department: SWIFT, Bloomberg, Retail FX, FX System and Trade Finance System. Provide customer feedback to the vendors. Performs other related duties and projects as assigned. All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions. Minimum Level of Education Required to Perform the Primary Responsibilities of this Position: BA or BS
Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position: 10
Skills Required to Perform the Primary Responsibilities of this Position: Detail-oriented Excellent customer service skills Excellent organizational, analytical and interpersonal skills Ability to use a personal computer and job-related software MS Word - Expert Level MS Excel - Expert Level MS PowerPoint - Expert Level Ability to use general office equipment Expert experience in all MS Office products, particularly Excel and PowerPoint is required. SWIFT expertise is required. Experience with Trade Finance and or FX system is essential.
Licensures/Certifications Required to Perform the Primary Responsibilities of this Position: Valid Drivers License
Physical Requirements or Work Conditions Beyond Traditional Office Work: N/A
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