Letter of Credit Specialist - Los Angeles, CA

Zions Bancorporation at California Bank & Trust is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are currently looking for a Letter of Credit Specialist to join our team in Los Angeles, CA.

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.

Benefits :

This position is eligible to earn a base salary in the range of $52,765.00 - $77,385.00 annually depending on job-related factors such as level of experience and location.