• Job Description

  Req#: 5001073932506

  Who We Are

  BankUnited (NYSE: BKU) is a national bank headquartered in Miami Lakes, Florida with banking centers in Florida, the New York metropolitan area, Dallas and Atlanta. BankUnited has two subsidiaries, Pinnacle Public Finance headquartered in Scottsdale, Arizona and Bridge Funding Group headquartered in Hunt Valley, Maryland. We pride ourselves on our entrepreneurial and collaborative culture encompassing the best minds, the brightest talent and the boldest decision makers.

  BankUnited is honored to announce that we have been included on the Newsweek and Statista America’s Most Trusted Companies Award List!

  BankUnited has been recognized by Newsweek for two outstanding awards in 2023 as one of America’s Greatest Workplaces and as one of America’s Greatest Workplaces for Job Starters , which acknowledges our commitment to creating an exceptional workplace.

  Our Culture

  At BankUnited, we foster a diverse and inclusive environment where all employees have the opportunity to advance, grow and achieve their goals. Our rally cry is to GO FOR MORE™, a call to action to go above and beyond to provide the best customer experience to every client and to GO FOR MORE in your career.

  Why BankUnited

  Working for BankUnited offers you exciting challenges and opportunities to advance your professional development, while empowering you to deliver and be your best. We are happy to report the average tenure according to LinkedIn insights is 8.3 years. We strive to provide a competitive benefits plan to our employees and are proud to have been nationally ranked #1 as one of the 2023 Healthiest 100 Workplaces in America by Springbuk and awarded HEALTHIEST EMPLOYER by the South Florida Business Journal since 2020.

  As a company, we believe we are only as successful as our people and are committed to providing training and innovative resources that prepare you to reach your full potential. That's why in addition to tuition reimbursement, we provide our employees with exciting career coaching, courses and training through our own GO FOR MORE™ Academy and mentoring opportunities through our iCARE™ (Inclusive Community of Advocacy, Respect and Equality) program.

  At BankUnited, we strive to provide our employees with a work life balance. Specifically, retail branches operate 5 days a week Monday – Friday, excluding evening and/or weekend hours. For many of our positions, we offer a hybrid work environment, as well as a remote work environment for designated positions.

  If you thrive in a fast-paced collaborative work environment, Apply Now and start your journey with BankUnited today!

  Job Description

  SUMMARY: The primary goal of the Trade Finance Associate position is to support the sales and customer service excellence objectives of the Trade Finance Practice within Corporate Banking. This position shall interact with clients, provide administrative support on loans as it relates to upfront and ongoing requirements, loan fundings and client onboarding.

  
  

  ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties and special projects may be assigned.

  • Gather required documentation from client/suppliers and function as the liaison with internal partners to complete the onboarding process.
  • Provide Customer Service to Trade Finance clients.
  • Monitor Trade Finance transactions to ensure the portfolio is aligned with stated objectives. The Trade Finance associate is responsible for reviewing and addressing past dues, alerts and internal covenants set forth upon closing.
  • Review supporting documentation for fundings, such as Purchase Orders, Invoices and Bill of Lading. Confirm adherence to internal policies.
  • Process loan fundings by verifying documentation, ensuring compliance with lending requirements and coordinating disbursement of funds to borrowers in a timely manner.
  • Conduct reconciliation of client payments against approved payment schedules.
  • Provide oversight of the required Insurance policies.
  • Administer and maintain the Trade Finance platform(s), adding new users, onboarding new suppliers, accepting new offers and creating reports for booking.
  • Provide clients and new users with training.
  • Serve as the primary point of contact for the Trade Finance platform vendors; managing communication and resolving issues to ensure smooth operation and alignment with business needs.
  • Reconcile vendor invoices verifying accuracy, resolving discrepancies and maintaining financial records.
  • Ensure operational efficiency by identifying opportunities for automation. Serve as the subject matter expert for process improvements.
  • Monitor the translations of financial documents.
  • Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
  • Adheres to Bank policies and procedures and completes required training.
  • Identifies and reports suspicious activity.

  EDUCATION

  
  Bachelor's Degreein a related field or equivalent experience preferred

  
  

  EXPERIENCE

  • 3-5 Years of experience in related fieldrequired
  • Experience in Trade Finance is preferred

   

• About the company

  BankUnited provides a full range of online banking solutions, including personal, commercial, and small business financing, checking, savings and lending.

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