Trade Analyst Job Description
Trade analyst
provides advice and consult on various aspects of international trade including item classification, country of origin determination, export control, import control, customs auditing, ministry of health processes;.
Trade Analyst Duties & Responsibilities
To write an effective trade analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included trade analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Prepares ad hoc Customs financial and import reports using the US Customs database portals
Maintain Customs entry files according to US Customs recordkeeping guidelines and audit entries and invoices for accuracy
Implement and execute daily compliance with customs regimes (such as temporary import/export, inward processing relief, ) by way of, among others, recordkeeping
Team with third party service providers, , customs brokers, freight forwarders, and suppliers as necessary to implement and/or maintain logistics processes in support of operations
Review, root cause and respond to export issues tied to customs data (origin, value, HTS) identified by businesses during internal audits with the assistance of the GTC team where required
Verify Import documentation to ensure that same is accurately prepared and in compliance with HBI internal procedures, all U.S. and foreign Customs/regulatory requirements
Provide guidance to the Business Units regarding Customs and import requirements
Collaborates and must be comfortable to present as well provide detail Customs guidance with developers, costing team, and Asia Operations to ensure a highest degree of classification is met
Determine the proper tariff classification of wearing apparel, footwear, handbags/totes, accessories and other commodities per the Harmonized Tariff Schedule (HTSUS) for multiple customs jurisdictions
Assists in verifying quarterly payment reports against entry packets and file PEA, as needed
Trade Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Trade Analyst
List any licenses or certifications required by the position: NAFTA, FTA, AEO, US, CUSECO, CTPAT, C-TPAT, PMP, EU, CCS
Education for Trade Analyst
Typically a job would require a certain level of education.
Employers hiring for the trade analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Finance, Business, Accounting, Economics, Business/Administration, Education, International Business, Engineering, International Trade, Marketing
Skills for Trade Analyst
Desired skills for trade analyst include:
MS Office Suite
Specifically with MS Word and MS Excel
Exchange and Firm Compliance Policies
SEC
Customs
Export control classification
Excel
International Trade Legislation
Polish and English
Country of origin determination process
Desired experience for trade analyst includes:
Good understanding of Fixed income Rates products (Credit and Swaps a bonus) with knowledge of Risk, Position and P&L Management, Order Management
Assists in preparing to file binding ruling to CBP
Prepares vendor summit reports (twice a year)
Assists with other assignments and projects as needed
Minimum of one to two years of experience on classification
Highly organized, detail-oriented, self-motivated, and able to multi-task
Trade Analyst Examples
1
Trade Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of trade analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for trade analyst
- Utilising Excel to produce cross checks to ensure data entry 100% accurate
- Management and facilitation of all trade lifecycle events – Loan Restructures, Corporate actions PIKs (Payment in Kind), Redemptions
- Manage various complex Free Trade Agreements and Preferential Trade Programs – North American Free Trade Agreement (NAFTA)
- Support the unitised fund services trade execution team who place trades in the market on receipt of investment managers/clients instructions within stated deadlines
- To monitor trade statuses and chase for trade confirmations/contract notes where required
- Book trades to in-house custody system
- Instruct payments where required
- Prepare trade files for communication to fund accounting
- Responsible for the maintenance of the databases and filing systems to keep track of all trades executed
- Respond to trade support queries in a clear, timely and accurate manner
Qualifications for trade analyst
- Issue Corrective Actions to relevant HBI personnel and external partners in an effort to resolve and eradicate any regulatory/compliance matters and ensure that future international transactions are compliant
- Good knowledge of Documentary LC/Guarantee/Standby LC and relevant local regulations and familiarity with UCP500, URC522, ISBP98 will be required as well
- Understand the Front to Back lifecycle of a trade and its associated risks to the firm and to clients
- Understanding of company organization, policies and procedures, general knowledge of logistics, distribution, and transportation systems
- Degree holder with 1 year experience in banking industry
- Provide overall support to the High Yield Investment group
2
Trade Analyst Job Description
Job Description Example
Our innovative and growing company is looking for a trade analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for trade analyst
- Research and monitor import/export laws and regulations related to licenses and registrations required to operate and potentially apply Customs benefits in the assigned geography
- Instruct trades and trade amendments to service providers when necessary
- Oversee external service providers
- Prepare reports for management and internal committees
- Assist in process of accurately entering and modifying data to create, track and report on trade spending, sales promotions
- Be the champion of Analytics
- Be the champion of Marketing Trends and Insights
- Manage the day-to-day activities and needs of our digital platform/website
- Support the Equity and Quant trading desks by monitoring all trades for proper trade matching and settlement
- Manage processing and cash settlement of all OTC derivative transactions
Qualifications for trade analyst
- Develop, create and contribute to reporting and presentation needs related to the Logistics and Trade Compliance communications
- Prepares weekly KPI’s of trade and import data to identify trends, areas of trade compliance concern and any trade related issues that may pertain to HBI’s supply chain
- Transcribe and confirm trades via OASYS and VCON
- Report, monitor and follow up on failed trades
- Perform trade allocation in accordance with PM instructions
- FTA experience
3
Trade Analyst Job Description
Job Description Example
Our growing company is hiring for a trade analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for trade analyst
- Supports our day to day supply chain customs and trade compliance activities
- The position is required interacts with PD, Materials Management, SPs, forwarders, couriers, and customs brokers to help ensure the timely, compliant delivery of samples, raw materials, and finished goods
- This position is crucial to ensure customs compliance, minimize supply chain disruptions
- Align Chinese HTS code and Chinese description with SPs for any disputes or field FTF meeting with each SP’s local customs jurisdiction for alignment
- Collect the regulations and notifications from related government agencies for team's due diligence analysis, focusing on Customs valuation, FTA, bonded operations
- Customs broker license is highly preferred
- 2+ year work experience is highly preferred in a supply chain, customs, or import/export field
- Provide feedback to all Regional Sales Managers and Brokers regarding all trade promotions that are not profitable or are submitted incorrectly
- Maintain all systems with current information such as entering most current Cost of Goods, quarterly brand templates and all new product planners into the flex system
- Work with Customer Service, Deductions and Regional Sales Managers/Brokers to resolve all order and/or deduction issues
Qualifications for trade analyst
- General Trade Compliance Regulation knowledge, including the International Traffic in Arms Regulations (ITAR)
- Knowledge of settlement depositories such as Euroclear, DTC, Fed and CDS is considered an asset
- Experience or working knowledge of Bloomberg, FIS and ISM is an asset
- Previous settlement experience and an understanding of the international settlement rules and processing schedule is desirable but not a strict requirement
- Experience in multi-step processing through non-standard processing environments or in a combination of manual and automated environments is desirable
- Extract and analyze syndicated research using Nielsen information and internal data (i.e., Sales data, marketing support, trade deals, ) in order to analyze and evaluate effectiveness/profitability of approved trade programs
4
Trade Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of trade analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for trade analyst
- Team member on numerous strategic projects, requiring the ability to interact and communicate with various departments and levels of associates within the organization
- Utilizes strong Microsoft Office skills to interpret data and prepare presentations for management
- Perform other departmental duties as assigned or directed
- Provides administrative, transactional based support to others involved in the task of fund / portfolio management
- Communicate with brokers to ensure that the organization has appropriate supporting documentation and consistent compliance with import/export regulations
- Build relationships with vendors, brokers, and other external resources to understand and apply best practices and current data to projects
- Execute team processes as directed and provides input into process improvements related to immediate area of influence
- Compily data and updates metrics as requested
- Gather all necessary documentation for import/export licenses
- Support the activities of the equity and fixed income trading desks
Qualifications for trade analyst
- Minimum of 2 years of experience in a similar environment
- Recent trade compliance trainings - advantage
- 3-4 years of experience in the financial services or related industry preferred
- Bachelor's Degree in Business or Supply Chain or a related discipline
- Ability to manage execution - assign responsibilities
- Knowledge of compliance improvement and control within Trade Compliance
5
Trade Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for a trade analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for trade analyst
- Prepare the documents required in the System
- Ensure the documents prepared and self checked for errors before handing them over to the designated document checker
- Ensure that the documents prepared are compliant with the Letter Of Credit
- Ensure the internal error rate is maintained at Zero
- Liaise with Finance department in case of any queries in case of any crucial information to be incorporated on any document
- Maintain proper log of all the presentations prepared daily
- Prepare the delayed presentation report every month to be sent to all Operations managers
- Assist in the development and implementation of strategic programs such as our duty savings initiatives, import compliance program
- It also supports activities such as hand carry shipments, runway show materials, and exotics management in the area of product classification, valuation, documentation and special licensing requirements
- Conduct the global HS code classifications
Qualifications for trade analyst
- BS degree in Business, Mathematics, Economics or related field
- Knowledge and working understanding of trade compliance elements
- Bachelor’s Degree in Supply Chain Management, International Business or similar field
- Three to five years minimum experience in trade compliance and/or international logistics
- Intermediate knowledge of ERP Business Systems, Global Trade Compliance software and Transportation Management Systems
- Trade Operations Experience ideal