Trade Finance Sr. Analyst

Trade Finance Sr. Analyst

Country: United States of America

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.  This is more than a strategic shift.  It’s a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

The Trade Finance Sr. Analyst is responsible for the Letters of Credit. Manages documentary credit transactions for importers and exporters, ensuring accurate processing, compliance with UCP 600 and related trade finance regulations, and timely support to clients and internal stakeholders. The role requires strong attention to detail, knowledge of international trade documentation, and the ability to mitigate operational and compliance risks.

Letter of Credit Operations
•    Issues, advises, confirms, amends, transfers, and cancels letters of credit.
•    Reviews letter of credit applications to ensure completeness and compliance with applicable requirements.
•    Processes import and export documentary credits in accordance with UCP 600, ISBP, and Bank policies.
•    Examines shipping and commercial documents presented under letters of credit.
•    Identifies discrepancies and communicates findings to clients and correspondent banks.
•    Processes payments, acceptances, negotiations, and reimbursements related to documentary credits.

Trade Finance Administration
•    Maintains accurate records of trade finance transactions.
•    Monitors letter of credit expirations, maturity dates, and outstanding obligations.
•    Processes documentary collections, standby letters of credit, and guarantees, as required.
•    Reconciles trade finance accounts and investigates discrepancies.

Compliance & Risk Management
•    Ensures adherence to international trade regulations, sanctions requirements, AML/KYC standards, and internal control procedures.
•    Screens transactions for sanctions and restricted-party compliance.
•    Identifies operational risks and escalates issues through appropriate channels.
•    Supports internal audits, external audits, and regulatory review activities.

Customer Service
•    Serves as a primary point of contact for clients regarding trade finance transactions.
•    Provides guidance on documentary requirements and letter of credit terms.
•    Coordinates with relationship managers, operations teams, and correspondent banks to resolve transaction-related issues.
•    Responds promptly and professionally to client inquiries and transaction requests.

Process Improvement
•    Participates in process improvement and operational efficiency initiatives.
•    Assists in the implementation of trade finance systems, enhancements, and automation projects.
•    Contributes to team training, knowledge sharing, and the development of best practices.

What You Bring:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• Bachelor’s degree required or equivalent experience 

Qualifications:

• 3 - 5 years of relevant experience or demonstrated required level of proficiency
• Experience with SWIFT messaging (MT700, MT707, MT103, MT202, etc.) preferred.

•    Strong understanding of:

• UCP 600 (Uniform Customs and Practice for Documentary Credits)
•  ISBP (International Standard Banking Practice)
•  URC 522 (Documentary Collections)
•  ISP98 (Standby Letters of Credit)
•  International trade documentation and Incoterms

• Excellent attention to detail.
• Strong analytical and problem-solving abilities.
• Effective communication and customer service skills.
• Ability to work under deadlines in a high-volume environment.
• Proficiency with trade finance systems and Microsoft Office applications.
• Bilingual: English and Spanish

Certifications:

• No Certifications listed for this job.

It Would Be Nice For You To Have:

• Established work history or equivalent demonstrated through a combination of work