Relationship & Transaction Management - Trade Finance Advisory & Services
Job Description
Deutsche Bank’s New York Branch is seeking an Assistant Vice President to join its Trade Finance Advisory & Services team. In this hybrid role, you will advise clients on trade finance instruments, support day-to-day team operations, and help structure and facilitate trade products while maintaining strong compliance and risk controls.
You will work closely with internal stakeholders and client-facing teams to resolve inquiries, provide technical guidance, and ensure transactions are completed within management-set time frames and deadlines.
Role overview
- Provide advisory services to clients on Trade Finance instruments, including Standby Letters of Credits, Demand Guarantees, Documentary Letters of Credit, Collections & Trade Finance loans
- Apply a thorough understanding of trade standards and frameworks to support compliant trade operations, including ISP98, UCP600, and URDG758
- Support compliance and risk mitigation across international trade transactions, including AML and OFAC
Responsibilities
- Manage the day-to-day activities for the Trade Finance Advisory Services team
- Provide technical assistance to Sales & Structuring, Corporate Clients, Correspondent Banks, and DB Branches on traditional trade products such as Standby Letters of Credits, Documentary Letters of Credit, Documentary Collections, and Trade Finance Loans
- Handle written and verbal communications with internal and external clients related to structuring and facilitation of Trade Finance products and related processes
- Resolve inquiries from internal and external clients in a timely manner, escalating potential problems or seeking clarification as needed
- Ensure transactions are completed within the time frames and deadlines established by management
Requirements
- Bachelor’s degree in finance, Business Administration, or a related field (or equivalent)
- Extensive, relevant experience reviewing technical Guarantees, Standby and Documentary Letter of Credit language for compliance with ICC publications, local requirements, and key operating procedures
- Extensive experience performing document negotiation for Export Letters of Credit and related traditional trade products, including Import and Export collections, ensuring processing aligns with key operating procedures, local regulator requirements, and ICC guidelines
- Coordinate and perform transaction monitoring and due diligence requirements for TF products
- Mitigate financial crime risks by ensuring appropriate AML/AFC monitoring, including capturing, checking, and monitoring parties, countries, ports, and vessels; following up on client activity; and escalating unusual transactions when necessary
- Review existing handling procedures for Trade Finance products in line with key operating procedures, ICC standards, and regulatory requirements
- Fluency in English for written and verbal communication
- Spanish and/or German skills are a plus
- Strong client service skills, quantitative and analytical skills, and highly proficient use of Microsoft Office
- Ability to organize and manage multiple, competing tasks under tight deadlines and pressure
- Proven ability to leverage AI tools to enhance productivity and optimize workflows, using critical judgment to ensure responsible and ethical use of data and AI outputs
- Strong communication, partnering, and stakeholder management skills
- Ability to navigate a complex, international organization, build relationships, and collaborate with partner teams, external clients, and control functions
- Willingness to take ownership of tasks and projects and work independently while supporting team goals
- Detail orientation with a focus on accuracy
Tools & technologies
- Microsoft Office
- AI tools
Location and working model
- New York, NY (hybrid), with expectations to work in the New York office in accordance with the Bank’s hybrid working model
Compensation and benefits
- Salary: USD 85,000 - 146,000 per year
- Generous vacation
- Personal and volunteer days
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
- Hybrid working model with in-office and work-from-home flexibility
Additional Deutsche Bank benefits include access to physical, emotional, and financial wellness benefits that help colleagues maintain financial security and balance between work and home.
Deutsche Bank also highlights a diverse and inclusive environment, support for Employee Resource Groups, and opportunities through educational resources, matching gift and volunteer programs.