Corporate & Investment Banking Letter-of-Credit Product Specialist - Analyst

The Role

The Analyst, Letter of Credit Product Specialist within Corporate & Investment Banking supports the Global Transaction Banking Large Corporates Business Unit for the onboarding, booking and processing of products through the entire life cycle. He/she will serve as first-line support to clients, agent banks and internal clients to ensure funding are completed, transfers are made on time and for all operational purposes.

Responsibilities

• Creates and ensures accuracy for various Management Reports and the design and execution of new reports to meet changing or ad-hoc requirements.
• Ensures the product requirements are met and manage the communication with relevant areas to ensure completion and accuracy.
• Identifies any issues and implements necessary actions to resolve issues when necessary.
• Acts as first-line support to clients, banks and internal clients to ensure requests are completed.
• Uses own discretion to resolve errors and disputes.
• Captures and coordinates with Middle Office and Operations to ensure all deals are correctly booked and independently identify appropriate remedies where necessary.
• Reviews documentation for accuracy and completeness and determines appropriate remedial action when needed.
• Provides guidance to the deal booking teams following each deal’s terms and conditions.
• Ensures client folders are maintained and updated with credit, legal and/or any other required documentation.

Requirements

• Bachelor's Degree or equivalent work experience: Business, Finance or equivalent field.
• 1-3 years of Product Development, Business Development or related experience.
• Experience with Letter-of-Credit product preferred.
• Knowledge of trade products is a plus.
• Ability to multi-task and self-prioritize a heavy workload.
• Strong analytical skills/financial acumen, excel, Microsoft skills.
• Demonstrates the ability to translate customer needs into marketable product features.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to interact with integrity and a high level of professionalism with all levels of team members and management.
• Demonstrated understanding of product development life cycle.

Qualifications

• No Certifications listed for this job.

What You Bring

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Benefits

Keeping your personal wellbeing in mind, we offer comprehensive benefits to our people. From health coverage and PTO to retirement planning, here's how we take care of you.

Working Conditions

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next

If this sounds like a role you are interested in, then please apply.