Letter of Credit Specialist - Los Angeles, CA at Zions Bancorporation

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Full Time

Start Date

Immediate

Expiry Date

25 Dec, 25

Salary

77385.0

Posted On

26 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Letter of Credit Processing, Trade Finance Transactions, Customer Service, Communication Skills, Interpersonal Skills, Analytical Skills, Problem Solving, Detail-Oriented, Deadline-Driven, Multitasking, SWIFT Transactions, FedWIRE Transactions, Microsoft Word, Microsoft Excel, Microsoft Outlook, Microsoft PowerPoint

Industry

Banking

Description

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. 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 Parental 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, and any applicable state 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 enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire Employee Ambassador preferred banking products 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.

Responsibilities

The Letter of Credit Specialist is responsible for the day-to-day processing of Letter of Credit, Collection, and Trade Finance transactions. This role involves issuing letters of credit, examining documents for compliance, and providing counsel to customers on technical aspects of products and processes.