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Letter of Credit Specialist - Los Angeles, CA
Letter of Credit Specialist - Los Angeles, CABankTalent HQ • Los Angeles, California, United States
Letter of Credit Specialist - Los Angeles, CA

Letter of Credit Specialist - Los Angeles, CA

BankTalent HQ • Los Angeles, California, United States
30+ days ago
Job type
  • Full-time
Job description

As a premier California-focused financial services company dedicated to serving its communities, families, and businesses (small, mid-sized and large), CB&T has been active for 70 years and has more than 80 full-service branch offices across the state. This dedication has helped the bank earn recognition as a perennial powerhouse in yearly voting for "Best Bank" and "Best Commercial Bank" from the readers of San Diego Union-Tribune and Orange County Register . Additionally, as a division of Zions Bancorporation, the bank has collected multiple Greenwich Excellence Awards for "Overall Client Satisfaction" in Small Business & Middle Market Excellence Awards.

We are looking for Letter of Credit Specialist to play a key role in global trade finance! If you thrive in a fast-paced environment and have expertise in Letters of Credit, SWIFT, and compliance, this is your chance to make an impact.

Essential Functions :

  • Responsible for day-to-day processing of Letter of Credit, Collection and Trade Finance transactions to facilitate revenue generation and business development.
  • Responsible for one or more of the following; Issuance of Standby and Commercial Letter(s) of Credit upon proper credit approval / receipt of required application documentation, advising Export Letter(s) of Credit to customers, examines documents presented under all types of L / C's for compliance to terms / conditions and pays as directed.
  • Monitors Standby Letter(s) of Credit auto renewal(s). Processes Import / Export Documentary Collections, Trade Finance Loans and fees on all products.
  • Provides counsel to customers / branch personnel on technical aspects of products / processes.
  • Input(s) all transactions into the trade finance system.
  • Assists with reporting as needed. Other duties as assigned.

Qualifications :

  • Requires a high school degree or equivalent and 2+ year of related international trade and / or letter of credit operations experience within a financial institution or other directly related experience.
  • A combination of education and experience may meet job requirements.
  • Proficient knowledge of trade finance transactions, letter of credit issuance and documents, collections and compliance regulations.
  • Working knowledge of and understands SWIFT and FedWIRE transactions.
  • Strong customer service, communication and interpersonal skills in order to interact effectively with clients and all levels of Bank personnel.
  • Advanced analytical and problem solving skills.
  • Must be detail-oriented and accurate in a deadline-driven, multitask-oriented environment.
  • Advanced computer experience required, e.g.. Microsoft Word, Excel, Outlook and PowerPoint.
  • Benefits :

    Medical, Dental and Vision Insurance - START DAY ONE!

    Life and Disability Insurance, Paid Paternal Leave, and Adoption Assistance

    Health Savings (HSA), Flexible Spending (FSA), and dependent care accounts

    Paid Training, Paid Time Off (PTO), and 11 Paid Federal Holidays

    401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience

    Mental health benefits, including coaching and therapy sessions

    Tuition Reimbursement for qualifying employees

    Employee Ambassador preferred banking products

    This position is eligible to earn a base salary in the range of $28.00 - $41.00 hourly depending on job-related factors such as level of experience.

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    Credit Specialist • Los Angeles, California, United States

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