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Standby Letter of Credit Specialist (Max $33/hr W2) at Lenmar Consulting Inc.

Jersey City, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

27 Mar, 26

Salary

33.0

Posted On

27 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Standby Letter Of Credit, Technical Letter Of Credit, Uniform Customs And Practices, International Standby Practices, Uniform Commercial Code, AML, OFAC, U.S. Anti-boycott Regulations, Microsoft Office Suite, Bank Accounting, Drafting Technical Terms, Written Communication, Oral Communication

Industry

Information Technology & Services

Description

Company Description Finance Job Description Description/Comment: • Standby Letter of credit technical Letter of Credit experience (5-7 years) knowledge of Uniform Customs and Practices for Documentary Credits (UCP 600), International Standby Practices (ISP98), and familiarity with Uniform Commercial Code Article 5 • Working knowledge of AML, OFAC and U.S. Anti-boycott regulations • Good written and oral communications skills • Good understanding of drafting technical letter of credit terms and conditions to ensure proper construction of standby/guarantee/documentary credits. Minimum required qualifications: Standby Letter of credit technical Letter of Credit experience (5-7 years) knowledge of Uniform Customs and Practices for Documentary Credits (UCP 600), International Standby Practices (ISP98), and familiarity with Uniform Commercial Code Article 5 Working knowledge of AML, OFAC and U.S. Anti-boycott regulations Microsoft Office Suite Familiarity with bank accounting related to trade finance products Preferred Qualifications Standby and Documentary Letter of credit technical experience (10 years plus) superior knowledge of Uniform Customs and Practices for Documentary Credits (UCP 600), International Standby Practices (ISP98), and familiarity with Uniform Commercial Code Article 5 Exposure to an automated letter of credit processing environment Good understanding of AML and OFAC Compliance regulations Good understanding of Letter of credit contingent and fee accounting Microsoft Office Suite Good written and oral communications skills Good understanding of drafting technical letter of credit terms and conditions for both standby/documentary credits. Additional Information All your information will be kept confidential according to EEO guidelines.

Responsibilities

The specialist will be responsible for managing standby letters of credit and ensuring compliance with relevant regulations. They will also draft technical terms and conditions for standby and documentary credits.