BNY Mellon’s Joon Kim, Global Head of Trade Finance Product and Portfolio Management, Treasury Services, explores how the move from LIBOR to SOFR will impact trade finance.
Joon Kim is the Global Head – Trade Finance Product & Portfolio Group manager in the Treasury Services Product Management group. In his current role, Joon is responsible for managing, developing and executing Trade Finance Product and Distribution strategy, working with all Treasury Services Global segments and Global Sales organizations to grow revenues and ensure risk and compliance measures are met.
Joon has 25+ years of experience. He has held various senior positions at Standard Chartered Bank and American Express Bank, as Managing Director and Head of Transaction Banking for Corporate and Commodities for the Americas region. His various experiences include leading Trade Sales, Trade Product Management and Relationship Management teams, with an emphasis on development and sales of trade finance, supply chain financing, receivable services, trade processing and cross-border cash and liquidity management solutions to global financial institutions and corporations. He is a member of BAFT – Global Trade Industry Council and has written a number of articles, including a blog for ICC on “Business Unusual adapting to changes and facilitating Global Trade Finance.”