Letters of Credit Officer Senior
5 months ago
Overview:
LETTERS OF CREDIT OFFICER SENIOR
WHAT IS THE OPPORTUNITY?
The colleague will be responsible for delivering a high level of excellent service to clients through various channels for commercial trade finance clients. The colleague will be responsible for handling customer inquiries, all tasks associated with letters or credit such as but not limited to drafting, issuance, advising, document examination, payment, transfer, assignment of proceeds and providing issue resolution within the established guidelines, following the department's procedures and making sure delivery services are within the established service level agreement. The colleague will be responsible for providing prompt and courteous customer service to both internal and external customers.
WHAT WILL YOU DO?
- 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.
Must-Have*
- Bachelor's Degree or equivalent
- Minimum 5 years of experience processing letters of credit (standby or commercial)
- Minimum 3 years of basic computer experience required. (eg. Microsoft Word, Excel, Outlook, and Powerpoint.)
- Minimum 5 years of experience with Uniform Customs and Practice for Documentary Credits and/or International Standby practices
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
*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. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.' ABOUT CITY NATIONAL We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North Americas leading diversified financial services companies.
-
Credit Documentation and Compliance Officer
5 days ago
Los Angeles, California, United States Royal Business Bank Full timeJoin Our TeamRoyal Business Bank is seeking a skilled Credit Documentation and Compliance Officer to join our team. This is an exciting opportunity to work in a dynamic and rapidly growing community bank, with a strong commitment to customer service and community development.ResponsibilitiesPrepare loan documentation for CRE, C&I, Construction, small...
-
Credit Risk Review Officer Senior
1 week ago
Los Angeles, United States City National Bank Full timeOverview: CREDIT RISK REVIEW OFFICER SENIOR WHAT IS THE OPPORTUNITY? The Credit Risk Review Department (CRR), is part of the 3rd line of defense, and as such is independent of all credit granting, adjudication, operations, and risk management practices performed by the 1st and 2nd lines of defense. CRR's mandate is to independently assess and opine upon the...
-
Credit Risk Review Officer Senior
5 days ago
Los Angeles, United States CareerArc Full timeCREDIT RISK REVIEW OFFICER SENIORWHAT IS THE OPPORTUNITY?The Credit Risk Review Department (CRR) is part of the 3rd line of defense, and as such is independent of all credit granting, adjudication, operations, and risk management practices performed by the 1st and 2nd lines of defense. CRR's mandate is to independently assess and opine upon the overall...
-
Credit Officer Senior-Specialty Banking
1 week ago
Los Angeles, United States City National Bank Full time**CREDIT OFFICER SENIOR-Structured Finance** **WHAT IS THE OPPORTUNITY?** Participates in the loan management process by providing credit and loan underwriting expertise to the cash flow lending/leveraged finance group within the Structured Finance group. Analyzes prospective loan transactions and credit worthiness of borrowers. Validates the credit analysis...
-
Senior Credit Risk Analyst
7 days ago
Los Angeles, California, United States City National Bank Full timeAbout the RoleWe are seeking a highly skilled Senior Credit Risk Analyst to join our team at City National Bank. This is a challenging role that requires expertise in credit risk management, policy development, and regulatory compliance.Key ResponsibilitiesDevelop and implement effective credit risk policies and procedures to mitigate risk and ensure...
-
Credit Officer
4 days ago
Los Angeles, United States City National Bank Full timeCREDIT OFFICERWHAT IS THE OPPORTUNITY?This position will be responsible for evaluating and affirming/declining credit requests for assigned lending units that exceed their signing authority, as well as, providing oversight to the Personal and Business Banking and Small Business Consumer Division. Responsibilities include monitoring the credit quality of...
-
Credit Officer Lead Corporate Banking
4 days ago
Los Angeles, United States City National Bank Full timeCREDIT OFFICER LEAD CORPORATE BANKING - Food and Beverage WHAT IS THE OPPORTUNITY?Participates in the loan management process by providing credit and loan underwriting expertise. Is client facing and manages all aspects of credit relationships for clients. Provides credit product expertise in an advisory capacity and ensures all due diligence and...
-
Credit Analyst Senior- Credit SSG
2 weeks ago
Los Angeles, United States City National Bank Full timeCREDIT ANALYST SENIOR- CREDIT SSG WHAT IS THE OPPORTUNITY? Under limited supervision provides analytical support relating to due diligence, document processing, and financial/statistical analyses related to transactions, credit approval and ongoing monitoring of closed transactions. Review loan documents for accuracy, completeness, and adherence to...
-
Credit Analyst Senior- Credit SSG
1 month ago
Los Angeles, United States City National Bank Full timeJob DescriptionCREDIT ANALYST SENIOR- CREDIT SSGWHAT IS THE OPPORTUNITY?Under limited supervision provides analytical support relating to due diligence, document processing, and financial/statistical analyses related to transactions, credit approval and ongoing monitoring of closed transactions. Review loan documents for accuracy, completeness, and adherence...
-
Credit Analyst Senior- Credit SSG
2 months ago
Los Angeles, United States City National Bank Full timeCREDIT ANALYST SENIOR- CREDIT SSG WHAT IS THE OPPORTUNITY?Under limited supervision provides analytical support relating to due diligence, document processing, and financial/statistical analyses related to transactions, credit approval and ongoing monitoring of closed transactions. Review loan documents for accuracy, completeness, and adherence to approval...
-
Credit Analyst Senior- Credit SSG
2 months ago
Los Angeles, United States City National Bank Full timeCREDIT ANALYST SENIOR- CREDIT SSG WHAT IS THE OPPORTUNITY?Under limited supervision provides analytical support relating to due diligence, document processing, and financial/statistical analyses related to transactions, credit approval and ongoing monitoring of closed transactions. Review loan documents for accuracy, completeness, and adherence to approval...
-
Senior Credit Analyst
7 days ago
Los Angeles, California, United States Genesis Capital Full timeSenior Credit Analyst PositionWe are seeking a highly skilled Senior Credit Analyst - Commercial Real Estate to join our team at Genesis Capital. As a leading business purpose lender, we provide commercial real estate financing solutions to real estate developers. In this role, you will be responsible for analyzing creditworthiness and making recommendations...
-
Los Angeles, United States City National Bank Full timeOverview: CREDIT RISK REVIEW OFFICER RETAIL CREDIT RISK 2LODWHAT IS THE OPPORTUNITY? Responsible for ensuring the accuracy, completeness, and compliance of the mortgage and HELOC files in the Residential Lending portfolio. This position involves conducting periodic post-closing QC/QA of loan files, identifying discrepancies, and ensuring compliance with...
-
Senior Credit Risk Analyst
1 month ago
Los Angeles, California, United States Electro Rent Corporation Full timeElectro Rent CorporationA Leading Provider of Test Equipment ServicesJob SummaryWe are seeking a highly skilled Senior Credit Risk Analyst to join our team at Electro Rent Corporation. As a key member of our credit granting process, you will be responsible for assessing the creditworthiness of new and existing customers, ensuring timely fulfillment of...
-
Senior Credit Analyst
7 days ago
Los Angeles, United States American Business Bank Full timeAnalyzes and summarizes financial statements, prepares credit-related reports for presentation to loan officers. Assesses loan applicant's credit worthiness and risk to the Bank. Primarily assists and supports the Credit and Portfolio Manager, Relationship Managers and Regional Executive Vice President as they make and service all types of business, real...
-
Private Credit Senior Associate/VP
2 weeks ago
Los Angeles, United States Selby Jennings Full timeA leading private credit firm with ~$50B AUM is looking for a Senior Associate or VP to join the private credit team in Los Angeles, CA. The firm provides senior debt solutions to companies across all industries. The Senior Associate/VP will be execution-focused and will continue to develop into a senior underwriter. This individual will be responsible for...
-
Senior Credit Analyst II
3 days ago
Los Angeles, California, United States City National Bank Full timeJob OverviewWe are seeking a highly skilled Senior Credit Analyst II to join our team. In this role, you will be responsible for managing a portfolio of problem consumer, commercial, real estate, and syndicated loans. You will work closely with borrowers, executives, attorneys, and mid-size company groups to review and restructure credit and repayment...
-
Credit Policy Specialist
7 days ago
Los Angeles, California, United States City National Bank Full timeCredit Policy Officer Job SummaryAt City National Bank, we're committed to excellence in credit risk management. As a Credit Policy Officer, you'll play a vital role in developing and implementing our credit policies and procedures. Your expertise will help us maintain a robust risk management framework, ensuring the integrity of our credit portfolio.Develop...
-
Credit Officer
1 week ago
Los Angeles, CA, United States City National Bank Full timeCREDIT OFFICERWHAT IS THE OPPORTUNITY?This position will be responsible for evaluating and affirming/declining credit requests for assigned lending units that exceed their signing authority, as well as, providing oversight to the Personal and Business Banking and Small Business Consumer Division. Responsibilities include monitoring the credit quality of...
-
Credit Officer II CB
4 months ago
Los Angeles, United States City National Bank Full timeOverview: CREDIT OFFICER II CB WHAT IS THE OPPORTUNITY? Participates in the loan management process by providing credit and loan underwriting expertise to a Commercial Banking team. Analyzes prospective loan transactions and credit worthiness of borrowers. Validates the credit analysis prepared by the Credit Analysts and provides opinions and recommendations...
