International Banking Specialist
At INTRUST Bank, People Come First. Guided by strong character qualitiessuch as respect, compassion, humility, positivity, and initiativewe work to support one another, serve our customers, and strengthen our communities. Here, your career matters. You'll find an environment where you're encouraged to grow, empowered to lead at any level, and supported as you build a meaningful career with a trusted organization.
Job Summary: Responsible for monitoring foreign currency due from accounts, and maintaining optimal balances based on customer activity and currency fluctuations. Ensures sufficient funding in nostro accounts for international payments in both foreign currencies and USD. Regularly updates foreign exchange rates used in transaction processing to mitigate currency exposure. Analyzes customer activity to maintain proper account balances and avoid overdrafts or excess idle funds. Ensures quoted rates are competitive and profitable. Provides technical support for the issuance and maintenance of standby and commercial letters of credit and documentary collections, including negotiations and payments. Handles issues independently and makes informed decisions. Adheres to department and bank policies and procedures while keeping current with applicable external guidelines and regulations. Promotes an environment of teamwork within the department and across the bank. Represents INTRUST Bank in all they do in the community and is focused on the development of new business relationships. Must maintain strict standards of confidentiality and perform duties in a manner supporting INTRUST's Character Qualities.
Essential Functions: All expectations described in the job description's essential functions are necessary to be successful in this role, performed with or without a reasonable accommodation.
Monitors foreign currency due from accounts and maintains appropriate balances based on customer transactions and market fluctuations.
Provide monthly profit/loss evaluations for foreign exchange accounts.
Support issuance, maintenance, and negotiation of letters of credit and documentary collections.
Process participation transactions from agent banks to reflect accurate global liabilities.
Review and organize letter of credit documentation for completeness and accuracy prior to imaging.
Handle customer transactions and correspondence efficiently and accurately.
Conduct new business development and retention calls, including joint calls with commercial relationship managers.
Serve as a resource for lending officers, correspondent banks, and internal departments regarding foreign exchange rates and trade finance instruments.
Support foreign banknote sales operations.
Maintain foreign correspondent bank relationships, including AML/KYC reviews.
Pursue professional development and networking opportunities to enhance industry knowledge.
Special projects and other duties as assigned.
Education and Experience: High School diploma or equivalent required, bachelor's degree preferred. Requires 3-5 years of related experience or 2-3 years of previous banking experience. Background in international payments and/or commercial loan operations is preferred.
Required Skills and Knowledge: Must have strong organizational skills with the ability to prioritize workload and attention to detail. Some basic accounting knowledge. Good oral and written communication skills are required. Proficiency in Microsoft Office, currency exchange platforms, and banking software systems.
Required Licenses and/or Certifications: None.
Physical Demands: Extended period(s) of time may be spent viewing a personal computer, sitting, standing, and walking. Occasional lifting up to 25 lbs. The physical demands necessary for this role should be performed with or without a reasonable accommodation.
Working Conditions: Normal office conditions.
INTRUST Financial Corporation and its subsidiaries, including INTRUST Bank, are Equal Opportunity Employers whose policy is not to discriminate unlawfully against any qualified employee or applicant for employment on the basis of protected military or veteran status, disability, race, color, religion, sex, age, national origin, pregnancy, genetic information, sexual orientation, gender identity, or any other classification protected by applicable local, state or federal law; except where an individual's protected category constitutes a bona fide occupational qualification.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.