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Trade Credit Services Specialist

2 months ago

New York, New York, United States Experis Full time
{"title": "Trade Credit Services Specialist", "subtitle": "Support a middle office function by reviewing credit applications and issuing standby letters of credit.", "content": "

We are seeking a Trade Credit Services Specialist to support a middle office function by actively reviewing approved credit applications, reimbursement agreements, and supporting documentation for issuance of standby letters of credit in bi-lateral and syndicated transactions. The ideal candidate will have a working knowledge of 700 SWIFT series, UCP and ISP regulations, and be able to read and interpret credit agreements, reimbursement agreements, and approved credit applications.

The Trade Credit Services Specialist will be responsible for:

  • Completing coordination, review, and system input of assigned new deals and amendments
  • Ensuring banks books accurately reflect the intentions of the credit agreement and credit approval
  • Accurately issuing, processing and booking standby letters of credit
  • Providing our lending services to our customers and maintaining accurate data

The successful candidate will have:

  • Able to review and interpret Reimbursement Agreements, Credit Agreements, and Credit Applications
  • Ability to issue Standby LCs in SWIFT and WORD format
  • Working knowledge of 700 SWIFT series (799, 760, 700)
  • Working knowledge of UCP and ISP regulations
  • Familiarity with Evergreen LCs and Direct Pay LCs (Monthly Draws)

Experis is a leading global workforce solutions company, and we are committed to helping our clients transform in a fast-changing world of work. If you are a detail-oriented and organized individual with a passion for trade credit services, we encourage you to apply for this exciting opportunity.

", "requirements": "

Requirements:

  • Working knowledge of 700 SWIFT series
  • Working knowledge of UCP and ISP regulations
  • Familiarity with Evergreen LCs and Direct Pay LCs (Monthly Draws)
  • Ability to read and interpret credit agreements, reimbursement agreements, and approved credit applications
", "benefits": "

Benefits:

  • Opportunity to work with a leading global workforce solutions company
  • Chance to develop your skills and expertise in trade credit services
  • Collaborative and dynamic work environment
", "contact": "

Contact:

Experis

", "company": "Experis"}