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)
Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!
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Position Overview:
This position analyzes new credit requests, makes loan servicing decisions for existing clients and performs other essential credit duties. Completes the financial analysis and underwriting on dairy producers throughout Compeer’s territory and the United States. Credit decisions are made based on targeted credit quality levels and volume/growth levels set by executive leadership. The incumbent approves or denies requests within their delegated authority with a majority of the time being spent on completing analysis for large, complex loans, and communicating with internal and external team members. Has some direct contact with clients. Works with Lending Specialists to discuss loan packages and provide financial counseling to the clients.
Essential Functions:
Minimum Qualifications & Required Knowledge, Skills and Abilities:
Who is Compeer Financial?
Compeer Financial exists to champion the hopes and dreams of rural America. By joining our team, you will help empower those in agriculture and rural communities to achieve their goals and expand their possibilities. We embrace business agility and innovative approaches to serving our clients and communities.
Why join our team?
Find out why our team members choose Compeer Financial by watching this video.
How do I apply?
Qualified candidates, please apply online at www.compeer.com/careers.
Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
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0 Letter of Credit Officer jobs found in Saint Paul, MN area