Letter of Credit Officer jobs in Wichita, KS

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

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Credit Officer
  • Equity Bank
  • Wichita, KS FULL_TIME
  • Position Opening: Credit Officer
    Department: Credit Administration
    Reports to: Regional Credit Officer
    Location: Wichita, KS
    Salary: FT Salary
    Responsibilities and Expectations
    1. Commercial Credit Underwriting
    • Reviews credit analysts work to ensure quality and consistency across the department.
    • Reviews credit presentations and discusses the credit requests / annual reviews with the Lender & Credit Analyst prior to submission to Committee.
    • Ensures that credit presentations are accurate and complete, including sufficient financial analysis.
    2. Credit Administration
    • The Credit Officer along with the Senior Credit Manager, Credit Managers, Special Assets Manager and Chief Credit Officer, will work in conjunction to establish and maintain credit administration policies, underwriting guidelines and credit procedures.
    • Works with the Lenders and Market Presidents on developing action plans and strategies on pass rated credits needing additional attention. May include site inspections and client meetings with the Lenders.
    • Identifies and initiates corrective action on credit problems.
    • Ensures the timely identification and reporting of Loan Policy exceptions.
    • Monitors the tracking, compliance and enforcement of loan covenants.
    • Monitors the tracking and remediation of loan documentation exceptions.
    • Monitors the tracking and remediation of financial statement exceptions.
    • Works with Lenders and Special Assets Manager on maintaining past due loans within acceptable limits.
    • Be cognizant of economic and industry trends in order to maximize opportunities and minimize risk.
    • Ensure that the credits have been assigned the proper risk rating by the loan officer and or loan committee(s).
    • Assists the CCO in the due diligence process in M&A transactions.
    3. Regulatory/Audit Relations
    • Assists CCO and CRO with examination and audit processes to ensure a smooth experience and positive results.
    • Assists the CCO with FDICIA key controls.
    • Maintains open communication with regulators and auditors, advising them of major issues and seeking advice when necessary.
    4. Approvals
    • Approves consumer, mortgage and commercial loans within prescribed authority limits.
    5. Bank Management
    • Supports and implements Directors’ and Senior Management decisions.
    • Provides constructive input and ideas to improve the bank’s credit quality and performance.
    • Represents the bank in a professional manner in the community.
    6. Credit Analyst Training and Development
    • Challenges credit analysts to pursue professional and personal growth opportunities.
    • Assists the Senior Credit Manager in the training and development of the credit analysts.
    7. Understands and follows the applicable laws and regulations for job responsibilities including but not limited to:
    • Equity Bank Business Ethic and Conduct Policy;
    • Bank Secrecy Act (“BSA”);
    • Information Security;
    • Suspicious Activity Report (“SAR”);
    • Reg. “O”;
    • Reg. “B”;
    • Fair Lending.
    8. Perform other duties as assigned or required.
    Required Skills & Education
    • Bachelor’s Degree, or equivalent experience, required. Emphasis on Business, Finance & Accounting.
    • Five to seven years of banking experience, as a credit manager, credit officer, commercial lender or equivalent experience. The Credit Officer will have a thorough understanding of:
    o Loan Policy, underwriting guidelines and credit procedures.
    o Commercial loan types and their uses in loan structuring.
    o Commercial loan documentation including security documents (UCCs, Security Agreements, Real Estate Mortgages).
    o Real estate appraisals and evaluations.
    o Environmental reports.
    o Governmental Guarantee Programs including: US Small Business Administration / USDA / Farm Service Agency.
    o Specialized Lending – Hotels, Construction & Development, Franchise Restaurants, Non-Owner Occupied CRE.
    o Legal process including: Bankruptcy, Foreclosure, Repossession.
    o Regulatory compliance.
    The above statements are intended to generally describe the nature and level of work to be performed by most people assigned to this job. It is not intended as an exhaustive list of all responsibilities, duties, and requirements.
    Physical Requirements
    This position requires standing, walking, bending, and squatting on a regular basis. May require the ability to stoop, kneel, crouch or reach with hands and arms. Requires the ability to carry, lift, move or push up to 10 pounds on an occasional basis. Must be able to talk and listen to others. Frequently uses hands and fingers to handle or feel. Requires ability to see up close and distant, distinguish colors, peripheral vision, depth perception and the ability to adjust focus. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
    Work Environment
    This position regularly works in an office setting. Most of the job duties require the employee to be working with computers and electronic media on a regular basis.
    Equity Bank is an equal opportunity employer and will not make employment decisions based on an applicant’s race or skin color, national origin or ethnicity, religious beliefs, age, sex, physical or mental ability.
  • 2 Months Ago
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Loan Officer
  • High Plains Farm Credit
  • Hays, KS FULL_TIME
  • Loan Officer DATE POSTED: 5.8.2024 POSITION: Loan Officer LOCATION: Hays, KS High Plains Farm Credit, ACA The Farm Credit System is a unique entity, a network of nationally connected, locally owned fi...
  • 2 Days Ago
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Loan Officer
  • Farm Credit Network
  • Hays, KS FULL_TIME
  • POSITION PURPOSE High Plains Farm Credit is currently recruiting a Loan Officer to service customers in our Hays office. This position services loans, markets financial services and develops strong wo...
  • 2 Days Ago
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Chief Executive Officer
  • Farm Credit Council
  • Colby, KS FULL_TIME
  • Who We Are Farm Credit of Western Kansas is the premier agricultural lender in western Kansas, supporting agricultural producers, farmers and ranchers. We are a customer-owned cooperative, providing c...
  • 13 Days Ago
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H
Credit Analyst
  • High Plains Farm Credit
  • Hays, KS FULL_TIME
  • Credit Analyst DATE POSTED: 5.8.2024 POSITION: Credit Analyst LOCATION: Hays, KS High Plains Farm Credit, ACA The Farm Credit System is a unique entity, a network of nationally connected, locally owne...
  • 2 Days Ago
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F
Credit Analyst
  • Farm Credit Network
  • Hays, KS FULL_TIME
  • POSITION PURPOSE High Plains Farm Credit is currently recruiting a Credit Analyst in our Hays branch office. The ideal candidate should demonstrate initiative, analytical skills, maturity, and should ...
  • 2 Days Ago
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0 Letter of Credit Officer jobs found in Wichita, KS area

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Lead Transportation Assistant
  • Veterans Health Administration
  • Wichita, KS
  • Summary The Robert J. Dole VA Medical Center is committed to Diversity and Inclusion. Together, we strive to create and ...
  • 5/13/2024 12:00:00 AM
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Service Shop Assistant Manager
  • Packer City International Trucks Inc
  • Andover, KS
  • Packer City/ UP International is looking for an Assistant Shop Manager to join our team. We are looking for outgoing, se...
  • 5/13/2024 12:00:00 AM
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Service Writer
  • FleetPride
  • Wichita, KS
  • Job Description Job Description SERVICE WRITER WEEKLY PAY! WEEKENDS OFF! FREE UNIFORMS! WEEKLY PAY! The Service Writer c...
  • 5/12/2024 12:00:00 AM
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Aviation Safety Assistant
  • Federal Aviation Administration
  • Wichita, KS
  • Summary Serves as an Aviation Safety Assistant in a Flight Standards Field Office. Provides administrative support to Av...
  • 5/12/2024 12:00:00 AM
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Service Attendant/Porter
  • beckmastencoastalbend.com
  • Andover, KS
  • At Beck & Masten Coastal Bend, we value our employees and we treat them like family. Each team member can take advantage...
  • 5/12/2024 12:00:00 AM
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O
Cashier
  • Ourismanhyundai
  • Andover, KS
  • ***What We Are Looking For*** Ourisman **Hyundai** **Mazda Mitsubishi of Laurel** is seeking a dedicated **Cashier/Recep...
  • 5/11/2024 12:00:00 AM
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Cashier/Receptionist
  • Don Jacobs Toyota
  • Andover, KS
  • We are seeking a Cashier/Receptionist with excellent customer service skills and a winning attitude. This individual wil...
  • 5/11/2024 12:00:00 AM
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Service Writer
  • FleetPride, Inc.
  • Wichita, KS
  • FleetPride is the largest after-market distributor of heavy-duty truck and trailer parts in the U.S. with some of the be...
  • 5/10/2024 12:00:00 AM
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About Wichita, Kansas

Downtown Wichita is at 37°41′20″N 97°20′10″W / 37.68889°N 97.33611°W / 37.68889; -97.33611 (37.688888, −97.336111), at an elevation of 1,299 feet (396 m). Wichita is in south-central Kansas at the junction of Interstate 35 and U.S. Route 54. Part of the Midwestern United States, it is 157 mi (253 km) north of Oklahoma City, 181 mi (291 km) southwest of Kansas City, and 439 mi (707 km) east-southeast of Denver. The city lies on the Arkansas River near the western edge of the Flint Hills in the Wellington-McPherson Lowlands region of the Great Plains. The area's topography is characterized by...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$48,084 to $79,668
Wichita, Kansas area prices
were up 1.3% from a year ago
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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