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)
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:
Required Experience:
From: Marine Bank
Benefits: Marine Bank offers a highly competitive benefit plan which includes:
Job Type: Full-time
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0 Letter of Credit Officer jobs found in Springfield, IL area