Letters of Credit VP
Social Capital Resources · New York, New York, United States
FULL TIMEpermanent
Job Description
Top-Tier Bank in Manhattan is seeking a Letters of Credit VP!
Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.
Responsibilities:
Administration of the Bank’s letters of credit portfolio, specifically the issuance, confirmation, and advising Standby/Guarantees and Import/Export letters of credit.Management of all associated reconciliation issues and management of front office relationship.Ensure that letter of credit transactions are in conformity with client instructionsEnsuring daily workflow is properly processed and backup for approval and release of transactions.Review daily maturity report to ensure action has been taken by Administrators, as applicable, for maturing transactions.Approve transactions to record standby/commercial letters of credit activity in ACBS and LCMS, Swift Alliance as required. xzbcwsv
Qualifications:
Bachelor's Degree7+ commercial and standby letters of credit experienceExperience with Commodity based clients.Knowledge of UCP 600/ISP 98/URDG 758Examination of all relevant trade finance documentsFluency in Mandarin or Cantonese is a plus
Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.
Responsibilities:
Administration of the Bank’s letters of credit portfolio, specifically the issuance, confirmation, and advising Standby/Guarantees and Import/Export letters of credit.Management of all associated reconciliation issues and management of front office relationship.Ensure that letter of credit transactions are in conformity with client instructionsEnsuring daily workflow is properly processed and backup for approval and release of transactions.Review daily maturity report to ensure action has been taken by Administrators, as applicable, for maturing transactions.Approve transactions to record standby/commercial letters of credit activity in ACBS and LCMS, Swift Alliance as required. xzbcwsv
Qualifications:
Bachelor's Degree7+ commercial and standby letters of credit experienceExperience with Commodity based clients.Knowledge of UCP 600/ISP 98/URDG 758Examination of all relevant trade finance documentsFluency in Mandarin or Cantonese is a plus
Details
| Company | Social Capital Resources |
| Location | New York, New York, United States |
| Type | FULL TIME |
| Niche | finance |
| Experience | permanent |