Bank of America Merrill Lynch (BAML) has poached Maureen Sullivan from fellow US bank JP Morgan Chase.

Sullivan will serve as BAML’s head of North American trade sales in global trade and supply chain solutions.

At JP Morgan, Sullivan was global trade product manager where she specialised in developing trade tools to assist clients with working capital optimisation, process improvements and risk management.

Before joining JP Morgan, she worked at Citi in the global trade finance division where she was responsible for origination and sales management and global product management as well as serving as regional business head.

Sullivan will be based in Chicago and will report to BAML’s head of global trade and supply chain finance, Bruce Proctor.

“Maureen brings a wealth of experience in the trade business and will be a great asset as we continue our growth initiatives. We’re very pleased to welcome her to our team,” Proctor says.