Letters of Credit Officer Senior

at  City National Bank

SKILLS AND KNOWLEDGE

• Comprehensive knowledge of International Standby Practices and Uniform Customs and
• Practice for Documentary Credits is required.
• Excellent customer service, communication and interpersonal skills in order to interact effectively with clients and all levels of Bank personnel.
• Strong written and verbal communication skills.
• Strong analytical and problem solving skills.
• Ability to be detail-oriented and accurate in a deadline-driven, multitask-oriented environment.
• Good PC skills (e.g. Microsoft Office)
• Knowledge of Fusion Trade Innovation

Starting base salary: $28.58 - $45.66 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

• To be considered for this position you must meet at least these basic qualifications

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

• Responsible for the handling of Letters of Credit and Amendment Issuance. Commercial Letter of Credit Advising, Examine Letter of Credit Documents, Financing, Payments, Standby Letter of Issuance, Counter Standby Letter of Credit Issuance, Language Drafting and Other Trade Finance Products.
• Provide advice and direction on the operational aspects of Trade Finance to both internal and external customers with a high level of responsiveness.
• Adhere to all department policies and procedures to ensure all internal compliance, anti-boycott, OFAC, AML are complied with. Collaborate with internal and external parties to ensure compliance with legal requirements, government rules International Chamber of Commerce rules, and Internal policies and procedures are complied with.
• Resolve complex inquiries and customer service issues through full ownership and resolution. Make sound decisions while balancing risk with opportunity.
• Ensure that fees are collected and notification sent in a timely manner.
• Assist with adhoc projects and assignments.
• Responsible for drafting, issuing, advising, and examining documents presented under letters of credit to ensure that they are in strict compliance Bank policies, procedures, and International Standby Practices or Uniform Customs and Practice for Documentary Credits procedures and regulations.
• Provide comments to stakeholders and affiliates as appropriate regarding acceptable wording of Standby Letters of Credit.
• Responsible for processing export and import letters of credit transactions including drafting, issuing, advising, and examining documents presented under letters of credit to ensure that they are in strict compliance Bank policies and procedures, or Uniform Customs and Practice for Documentary Credits procedures and regulations.