Letter of Credit Officer jobs in Springfield, IL

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)

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Credit Analyst
  • Marine Bank
  • Springfield, IL FULL_TIME
  • Job Description: *
    Purpose: * Utilize analytical, organizational and communication skills to evaluate the financial condition of commercial loan borrowers (individuals/businesses), prepare credit packages and complete credit administration duties - demonstrating effective partnership with the lending/credit staff.
    They will also exercise responsibilities in the following functional areas:

    • Takes ownership, acting with a sense of urgency, working to meet/exceed expectations and deadlines.
    • Analyzes new, renewal and existing loans and risk exposures utilizing various financial statements, credit reports and other sources as applicable.
    • Utilize effectively the available analytical systems and tools.
    • Complete credit packages that demonstrate well thought out and concise analysis that identifies key risks and provides for appropriate mitigation, where appropriate.
    • Partners with lending staff to work with customers/prospects and makes sales and relationship calls with Loan Officers.
    • Assists in management of portfolio to assure timely receipt and review of financial information on existing relationships. Will work with customers directly to request information as needed.
    • Provide portfolio management assistance to loan officers - working with customers as needed.
    • Provides technical advice and assistance to loan officers.
    • Utilize excellent oral and written communication skills for effective discussions both internally and externally.
    • Effectively manage the risk of the portfolio through ongoing monitoring.
    • Excellent working knowledge of credit policy and guidelines to assist in appropriate structuring.
    • Complete credit risk administration tasks which may include, but not be limited to, loan documentation review/closings, appraisal/collateral reviews, real estate evaluations, and construction risk monitoring.
    • Perform other related duties as assigned.

    Required Experience:

    • Bachelor's degree in business, accounting, finance, economics or equivalent banking/finance experience.
    • Formal credit analysis training a plus.
    • Financial analytical abilities supported by significant accounting and finance knowledge.
    • Demonstrated skills as follows: excellent verbal/written communication, interpersonal, problem solving and detail oriented.
    • Demonstrate resourcefulness and ability to take initiative in development and completion of projects.
    • Strong team player: able to work well with a wide range of people.
    • Strong proficiency in PC applications including various software packages, including word processing, spreadsheets, e-mail and presentation, and banking systems.
    • Sound judgment, decision-making ability, and the ability to work in pressure situations.
    • Ability to work within a team environment.
    • Strong attention to detail and accuracy.
    • Ability to effectively utilize analytical systems and tools.
    • Ability to independently establish priorities and meet deadlines.
    • Discretion and respect for confidential matters.

    From: Marine Bank

    Benefits: Marine Bank offers a highly competitive benefit plan which includes:

    • Insurance:
    • Health
    • Dental
    • Vision
    • Life
    • Disability-Long and Short Term
    • Critical Illness
    • Accident
    • FSA
    • DCA
    • 401(K) plan with employer matching contributions
    • Time off:
    • Vacation
    • Sick
    • Personal
    • Holidays
    • Bonus Incentives
    • Free Services:
    • Interest bearing savings accounts
    • Safe deposit box
    • On-line bill paying
    • Interest bearing checking accounts
    • Free checks

    Job Type: Full-time

  • 19 Days Ago

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Bid Credit Monitor
  • illinois
  • Springfield, IL FULL_TIME
  • Position Title: Executive II Agency : Department of Commerce and Economic Opportunity Closing Date/Time: 04/10/2024 Salary: Anticipated Starting Salary $5,901 a month; Full Range $5,901- $8,825 a mont...
  • Just Posted

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Commercial Credit Analyst II
  • Locus
  • Springfield, IL FULL_TIME
  • The Commercial Credit Analyst II will serve as a primary underwriter for Locus's real estate and small business lending activities in the Department of Underwriting. The position will support the Comm...
  • 14 Days Ago

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Credit Support Analyst – NA Credit Management Team – Decatur, IL
  • Archer Daniels Midland
  • Decatur, IL FULL_TIME
  • Credit Support Analyst – NA Credit Management Team – Decatur, ILThis is a full-time, exempt position.Position Summary:ADM has an opening for a full-time Credit Support Analyst in the Decatur, IL offic...
  • 1 Month Ago

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Teller/Member Service Representative Part time
  • Illinois Educators Credit Union
  • Springfield, IL PART_TIME
  • Who We Are... Our members come from all different walks of life and so do we. We hire great people from a wide variety of backgrounds, experience and education as our diversity makes our company stron...
  • 20 Days Ago

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Assistant Branch Manager - Springfield County Mkt
  • Illinois Educators Credit Union
  • Springfield, IL FULL_TIME
  • Who We Are... Our members come from all different walks of life and so do we. We hire great people from a wide variety of backgrounds, experience and education as our diversity makes our company stron...
  • 23 Days Ago

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0 Letter of Credit Officer jobs found in Springfield, IL area

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Credit Support Analyst - NA Credit Management Team - Decatur, IL
  • The Judge Group
  • Decatur, IL
  • Job Description Credit Support Analyst - NA Credit Management Team - Decatur, ILThis is a full-time, exempt position.Pos...
  • 3/28/2024 12:00:00 AM

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Internal Revenue Agent - 12 Month Roster
  • Department Of The Treasury
  • Springfield, IL
  • Duties WHAT IS THE LARGE BUSINESS AND INTERNATIONAL(LB&I)DIVISION? A description of the business units can be found at: ...
  • 3/28/2024 12:00:00 AM

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Internal Revenue Agent (Examiner) - (Temp NTE 1 Year, MBE, MBMP) 12 MONTH ROSTER (AMENDED)
  • Department Of The Treasury
  • Springfield, IL
  • Duties WHAT IS THE SMALL BUSINESS/SELF EMPLOYED (SB/SE)DIVISION? A description of the business units can be found at: ht...
  • 3/27/2024 12:00:00 AM

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Internal Revenue Agent (Examiner) 12 MONTH ROSTER (AMENDED)
  • Department Of The Treasury
  • Springfield, IL
  • Duties WHAT IS THE LARGE BUSINESS & INTERNATIONAL (LB&I) DIVISION? A description of the business units can be found at: ...
  • 3/27/2024 12:00:00 AM

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Internal Revenue Agent (Examiner) - DIRECT HIRE (12 MONTH REGISTER) AMENDED
  • Department Of The Treasury
  • Springfield, IL
  • Duties WHAT ARE THE APPEALS (AP), LARGE BUSINESS AND INTERNATIONAL (LB&I), SMALL BUSINESS SELF-EMPLOYED (SB/SE) AND TAX ...
  • 3/27/2024 12:00:00 AM

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Internal Revenue Agent (Examiner) - 12 MONTH ROSTER
  • Department Of The Treasury
  • Springfield, IL
  • Duties WHAT IS THE SMALL BUSINESS/SELF-EMPLOYED (SB/SE) DIVISION? A description of the business units can be found at: h...
  • 3/27/2024 12:00:00 AM

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Internal Revenue Agent / Senior Revenue Agent (Examiner)-12 Month Roster AMENDED
  • Department Of The Treasury
  • Springfield, IL
  • Duties WHAT IS THE LARGE BUSINESS AND INTERNATIONAL DIVISION? A description of the business units can be found at: https...
  • 3/24/2024 12:00:00 AM

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Branch Office Administrator
  • Edward Jones
  • Springfield, IL
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 3/18/2024 12:00:00 AM

Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city's population of 116,250 as of the 2010 U.S. Census makes it the state's sixth most populous city. It is the largest city in central Illinois. As of 2013, the city's population was estimated to have increased to 117,006, with just over 211,700 residents living in the Springfield Metropolitan Statistical Area, which includes Sangamon County and the adjacent Menard County. Present-day Springfield was settled by European Americans in the late 1810s, around the time Illinois became a state. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$48,514 to $80,377
Springfield, Illinois area prices
were up 1.3% from a year ago

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