CIB - Trade Operations – Transaction Control Manager - Vice President

Last updated 8 hours ago
Job Type:Full Time

The Trade Operations Transaction Control Manager is a senior level manager and an expert in Global Trade products with a strong emphasis on Risk and Controls.


- Work directly with internal partners and external clients, primarily in an advisory capacity, investigate and provide decisions on transaction escalations on a daily basis 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.

- Interface with and Influence internal partners supported by Global Trade Operations: Product, Compliance, Risk, Legal, and Audit.

- 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.

- Be a “Change Champion” specifically in the Global Trade Finance Risk and Controls environment.

- Leader in the Global Trade Industry and represents JPMorgan Global Trade in industry groups/forums.

- Directly interact with regulators in exams, reviews, issues, and ad-hoc requests.

- Provide subject matter expertise and advise on trade transformation projects when required. (e.g. Digitization, Automation etc.)


- 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.The role involves providing opinions on complex trade transactions, structuring LCs, opining on discrepancies on LC presentations, etc.Technical expertise is a must.

- Expert knowledge of U.S. regulations such as BSA/AML, OFAC, Anti-Boycott, Export Controls, etc.

- 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.Individual must have the highest work ethics and integrity.

- Possess the ability to analyze processes, identify opportunities for improvement, and influence internal partners to implement changes.

- Possess the ability to work on multiple tasks/projects with competing deadlines.Enjoy a global team environment while being comfortable with as working an individual contributor.

- Bachelor's degree or higher.

- Prior experience in a trade risk/compliance/trade advisory role is a plus.

- Minimum 15 years of experience working in various trade products.

- CDCS certification or equivalent preferred.

- Ability to operate in a complex, high-pressure, highly regulated environment in support of high risk processes.