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

About the role

The Analyst, Letter of Credit Product Specialist within Corporate & Investment Banking supports the Global Transaction Banking Large Corporates Business Unit. They handle onboarding, booking, and processing of products throughout their lifecycle. Responsibilities include creating and ensuring accuracy of various management reports, managing communication with relevant areas, resolving issues, and maintaining client folders.

Responsibilities

• Serves as first-line support to clients, agent banks, and internal clients to ensure funding and transfers are completed on time.
• Creates and ensures accuracy for various management reports and designs new reports to meet changing or ad-hoc requirements.
• Maintains and updates client folders with credit, legal, and other required documentation.
• Coordinates with Middle Office and Operations to ensure all deals are correctly booked and identifies appropriate remedies where necessary.
• Uses discretion to resolve errors and disputes and acts as first-line support to clients, banks, and internal clients.
• Ensures product requirements are met and manages communication with relevant areas to ensure completion and accuracy.

Requirements

• Bachelor's Degree or equivalent work experience in Business, Finance, or a related field.
• 1-3 years of Product Development, Business Development, or related experience.
• Experience with Letter-of-Credit product preferred.
• Strong analytical skills, financial acumen, and proficiency in Excel and Microsoft tools.
• Excellent verbal, written, and interpersonal communication skills.
• Demonstrated ability to translate customer needs into marketable product features.
• Proven ability to multi-task and self-prioritize a heavy workload.
• Demonstrated understanding of the product development life cycle.

Qualifications

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

Skills

• 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.

Benefits

Base pay range: $110,000.00 USD - $135,000.00 USD. Additional benefits are available and may vary based on location.