Letter of Credit Officer jobs in Paramus, NJ
Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Recently Added Letter of Credit Officer jobs
Counterparty Credit Risk Officer - NBFI/Hedge Funds
- I13 WFB NA London Branch
-
CITY OF LONDON, NY
FULL_TIME
- About this role: Join our global and dynamic team at Wells Fargo, where we are currently seeking a driven Counterparty Risk Officer to oversee Non-Bank Financial Institutions (NBFI) within the EMEA region. This pivotal role entails collaborating closely with multiple divisions within Wells Fargo's Sales and Trading sectors to cultivate and effectively manage trading relationships spanning various financial products. As the primary NBFI counterparty risk liaison in the region, you will have the autonomy to drive initiatives and shape the future of capital markets. At Wells Fargo, we pride ourselves on our award-winning culture that empowers individuals to take charge of their careers. Here, you will find an environment that fosters innovation and growth, providing you with the agency to chart your own professional path. Join us in shaping the future of banking while enjoying the unparalleled opportunities for advancement and development within our globally recognized institution. In this role, you will: Be responsible for preparing and submitting credit requests to support counterparty trading relationships in EMEA not otherwise covered in other CIB Divisions. Client types comprise Non-Bank Financial Institutions, such as Hedge Funds, Private Equity Funds, Pension Managers, Asset Managers, Broker-Dealers and Insurance Companies. Business activities may include, but are not limited to, prime brokerage, futures & OTC clearing, bilateral derivatives, FX, repo, securities financing, securities trading, and secondary loan trading. The successful candidate will be expected to display flexibility in handling other client types and other traded products, as necessary. Support the EMEA Head of Counterparty and Liquidity Risk Oversight in the oversight activities of the liquidity risk in the region. Guide the Wells Fargo’s Sales and Trading Divisions in the EMEA region and work with the leadership of Wells Fargo and Regional Risk Management to develop and implement a successful counterparty credit and liquidity risk management strategy for the EMEA region across all traded products. Partner with various CIB LOBs to help drive Wells Fargo’s product growth strategy. You will need to develop strong working relationships with Relationship Managers and Risk Officers representing Financial Institutions Group, Corporate Banking, Wholesale Counterparty Credit Risk, and Liquidity Capital and Recovery Planning teams, among others. Required Qualifications: Experience in Capital Markets, trading or interest rate risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Relevant capital markets risk experience at a Tier 1 Investment Bank with specific expertise covering the EMEA markets and the EMEA investment client base including: Pension Managers, Asset Managers, Hedge Funds, Private Equity Funds, and as well as other counterparty types. Familiarity with standard counterparty credit risk management concepts, as well as standard industry documentation, including the ISDA/CSA, MSFTA, GMRA, etc. Strong written and verbal communication skills; ability to present information in a clear and understandable format to a wide range of audiences. Accredited College / University degree. Desired Qualifications: Advanced degree and/or professional licensing (i.e., CFA) is a plus. Specific knowledge of foreign exchange, OTC and cleared derivatives. Significant experience in analyzing financial statements. Deep understanding of capital markets and the EMEA client base; well versed in local regulatory considerations, market standards and practices with the ability to: 1) integrate these into the Wells Fargo risk culture; 2) transfer this knowledge into credible working relationships with local business partners and risk management personnel in the region [as well as key partners in the United States]; and 3) partner with a wide range of colleagues including sales, trading, legal, documentation, compliance and operations. Job Expectations: Hybrid working model where you will be expected to work 3 days per week from the London office Posting End Date: 6 May 2024 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. Applicants with Disabilities To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo. Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.
- Just Posted
Senior Lead Credit Risk & Approval Officer
- I39 Singapore Branch
-
CENTRAL SINGAPORE, NY
FULL_TIME
- About this role: Wells Fargo is seeking a Senior Lead Credit Risk & Approval Officer to join our team in Singapore. The Senior Lead Credit Risk & Approval Officer position will be aligned to the FIG B...
- 7 Days Ago
Licensed Practical Nurse (LPN) - Part Time
- Artis Offer Letter
-
Spring, NY
PART_TIME
- *Starting pay is $35 / hour!*This is a part-time position offering 12 hour shifts, 6pm-6am, working every other Saturday/Sunday! The LPN will provide clinical monitoring and support for residents with...
- 5 Days Ago
Life Enrichment Assistant / Activities Assistant
- Artis Offer Letter
-
Spring, NY
FULL_TIME
- *Starting pay is $16 / hour!*This is a full time position offering 2-3 flexible weekdays, weekends are required! The Life Enrichment Assistant will engage residents in daily programming and entertainm...
- 5 Days Ago
Director of Nursing, RN
- Artis Offer Letter
-
Spring, NY
FULL_TIME
- * Starting salary is $120000 per year depending on experience! The Director of Nursing, RN will oversee all resident care across the Assisted Living and Memory Care neighborhoods. Director will perfor...
- 6 Days Ago
Home Health Aide (HHA) - Part Time
- Artis Offer Letter
-
Spring, NY
PART_TIME
- *Starting pay $18 / hour!*This is a part time position offering a flexible schedule! 1st shift (7am-3pm), 2nd shift (3pm-11pm), 3rd shift (11pm-7am). The Care Partner, Home Health Aide (HHA) will prov...
- 25 Days Ago
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0 Letter of Credit Officer jobs found in Paramus, NJ area
Loan Origination Agency Assistant Vice President
- Barclays
-
New York, NY
- Loan Origination Agency Assistant Vice President New York, NY As a Barclays Loan Origination Agency Assistant Vice Presi...
- 4/18/2024 12:00:00 AM
Associate Director of Financial Aid
- UCNJ Union College of Union County, NJ
-
Cranford, NJ
- Job Announcement Position Information Position Title Associate Director of Financial Aid Campus Cranford Department Fina...
- 4/18/2024 12:00:00 AM
MANAGER, TRADE FINANCE, LETTER OF CREDIT & CREDIT ADMINISTRATION
- Network ESC A Division of Network Temps, Inc.
-
New York, NY
- MANAGER, TRADE FINANCE, LETTER OF CREDIT & CREDIT ADMINISTRATION Top International Bank - Midtown NYC (Grand Central Sta...
- 4/17/2024 12:00:00 AM
Financial Aid Office Assistant (PT)
- Hudson County Community College
-
Jersey City, NJ
- For COVID-related Information and Vaccination Requirements, please view the Return to Campus Task Force page. For Intern...
- 4/16/2024 12:00:00 AM
Financial Aid Assistant
- Hudson County Community College
-
Jersey City, NJ
- For COVID-related Information and Vaccination Requirements, please view the Return to Campus Task Force page. (For Inter...
- 4/16/2024 12:00:00 AM
Financial Aid Advisor
- Hudson County Community College
-
Jersey City, NJ
- For COVID-related Information and Vaccination Requirements, please view the Return to Campus Task Force page. College Ov...
- 4/15/2024 12:00:00 AM
Export Documentation Specialist
- Fornazor International, Inc.
-
Hillsdale, NJ
- Company Description Fornazor International, Inc. It is a perennial top 100 US export company providing feed ingredients ...
- 4/15/2024 12:00:00 AM
Financial Aid Office Assistant (Arabic Speaking) (PT)
- Hudson County Community College
-
Jersey City, NJ
- For COVID-related Information and Vaccination Requirements, please view the Return to Campus Task Force page. For Intern...
- 4/14/2024 12:00:00 AM
About Paramus, New Jersey
Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,342.. A suburb of New York City, Paramus is located 15 to 20 miles (24 to 32 km) northwest of Midtown Manhattan and approximately 8 miles (13 km) west of Upper Manhattan. The Wall Street Journal characterized Paramus as "quintessentially suburban".[21]
Paramus was incorporated as a borough by an act of the New Jersey Legislature on March 2, 1922, and ratified by a referendum held on April 4, 1922, that passed by a vote of 238 to 10.[22][2...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$59,181 to $98,057
Paramus, New Jersey area prices
were up 1.5% from a year ago
were up 1.5% from a year ago
What does a Letter of Credit Officer do?
Letter of Credit Officer in Great Falls, MT
Verifies and approves air releases and steamship guarantees for Letters of Credit.
December 22, 2019
Letter of Credit Officer in Pittsfield, MA
There are plenty of opportunities to land a Credit Officer position but it won’t just be handed to you.
February 23, 2020
Letter of Credit Officer in Lawrence, MA
This is clearly a very important part of trade and where international trade is taking place, a Letter of Credit Officer is often critical to the trading process.
January 01, 2020