Wilmington DE (80004), United States of America, Wilmington, DelawarePrincipal Coordinator, Trade Finance Services
Commercial Operations is looking for a candidate to join our Trade Finance Services team based in Wilmington, DE.
In this role, you will be developed as a subject matter expert for trade finance and our letter of credit portfolio supporting clients firmwide.
Within this role your responsibilities will include:
Responsible for negotiating, issuing, and advising Standby and Trade Letters of Credit for domestic and international transactions.
Responsible for processing Documentary Collection transactions.
Negotiate draft Letters of Credit and provide commentary to internal and external stakeholders.
Act as point of contact for clients conducting Import, Export, and Standby related business transactions.
Exposure to syndicated lending credit facilities. Managing direct and indirect LC exposure.
Identifying and resolving issues and escalating to direct and senior management.
Responsible for handling incoming and outgoing commercial and/or legal documents on site, be the first line of defense to examine, review and assign documents accordingly.
Responsible for generating ad-hoc reports for stakeholders.
The ideal candidate will:
Have a risk management and control focus with a high level of personal accountability and ownership of their role.
Have an understanding of accounting and reconciliations
Excellent communication and interpersonal skills in order to interact effectively with Internal and External clients.
Highly motivated professional, possessing strong analytical thinking, problem solving skills, and attention to detail.
An interest and fungible skills in machine learning, robotic process automation, and application improvement.
Demonstrate aptitude to question current procedures with a focus on continuous process improvement.
Ability to respectfully challenge, make decisions and handle multiple projects or deadlines in a fast-paced environment.
Work at Home Technology Requirements:
A secure home office environment that is free from background noise and distractions
A reliable private internet connection that is not supplied by use cellular data (hot spot)
Cable or fiber connections are preferred
Internet service download speeds must be at least 5 mbps, with 10+ mbps preferred - check your download speed using a speed test. A sample one can be found here. To test your home internet from your personal computer at home, type www.speedtest.net into the web browser of your personal computer.
Sustained ability to maintain latency less than 250 ms in voice calls is required
Hard wired connectivity is preferred, any use of wireless connectivity must be Private (non-public) and password protected through WPA2-PSK (AES) encryption. If you have any questions about your encryption, please consult with your internet provider
Capital One reserves the right to request proof of internet provider, speed and service package from the associate
Requirements are subject to change, as new systems and technology is delivered. Capital One reserves the right to modify internet service requirements with sixty (60) days notice.
Candidates must live within 100 miles driving distance of one of the hub locations based in Wilmington, DE
Bachelor’s Degree or Military Experience
At least 1 year of International Banking experience
At least 2 years of banking experience
At least 2 years of experience in Trade Finance
At least 1 year of experience working with International Chamber of Commerce Rules and Regulations for documentary Letters of Credit, Standby Letters of Credit, Documentary Bills for Collection, Uniform Rules for reimbursement, and International Standard Banking Practice.
At this time, Capital One will not sponsor a new applicant for employment authorization for this position
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to [email protected]
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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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