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. Duties include creating and ensuring accuracy of various management reports, managing communication to ensure product requirements are met, 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 deals are correctly booked and identifies appropriate remedies where necessary.
• Uses discretion to resolve errors and disputes and acts as a point of contact for 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

• Strong analytical and financial acumen.
• Excel and Microsoft skills.
• Ability to translate customer needs into marketable product features.
• Excellent verbal, written, and interpersonal communication skills.
• Proven ability to multi-task and self-prioritize a heavy workload.
• Demonstrated understanding of the product development life cycle.

Benefits

At Santander, we offer a comprehensive benefits package designed to support you, your family, and your well-being. Details can be found in the Santander OnGoing/NH eGuide.

Pay

The base pay range for this position is $110,000.00 USD to $135,000.00 USD annually.

Schedule

Hours and schedule details are provided in the job listing.