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US Analyst - Letter of Credit Analyst

United States of America, NEW YORK · Job Posted July 03, 2026
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Job Description

Process and maintain the Bank's letters of credit portfolio, including issuance, confirmation, and advising of Standby/Guarantees and Import/Export letters of credit. Ensure compliance with client instructions, UCP 600/ISP98, and Bank policies while supporting clients and internal teams on technical aspects of trade finance.

Job Responsibility

  • Process letter of credit transactions in conformity with client instructions, UCP 600/ISP98, and Bank credit/compliance procedures
  • Review draft letters of credit and coordinate resolution of issues with clients
  • Prepare and execute letter of credit documents using LCMS, Microsoft Word, and ACBS
  • Record standby/commercial letter of credit activity in ACBS, LCMS, and SWIFT Alliance
  • Monitor daily maturity reports and ensure timely action on maturing transactions
  • Track pending inquiries, discrepancies, and document resolution
  • follow up until payment is secured
  • Process SWIFT messages for LC transactions and ensure documentation compliance
  • Coordinate clearing and reconciliation of open cash items and daily exceptions with CBO Control Unit
  • Ensure timely disbursement of funds for LC drawings and accurate recording in ACBS
  • Review past due fee reports for accuracy and timely management reporting
  • Escalate compliance matters to Management and Compliance as needed

Requirements

  • Bachelor's degree (recent graduate)
  • Strong knowledge of Microsoft applications
  • Detail-oriented with strong organizational skills
  • Ability to manage multiple priorities in a fast-paced environment
  • Must be eligible to work in the US without visa sponsorship now or in the future

Nice to have

  • Familiarity with trade finance or international banking
  • Exposure to banking systems or financial software

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