Letter of Credit officer - Trade finance

• Ensure that all Letter of Credit transactions comply with client instructions, UCP 600/ISP98 regulations, and the Bank’s internal credit and compliance procedures.
  

• Process sensitive transactions promptly and report any unusual or complex cases requiring management review or approval.
  

• Provide technical support and guidance to internal clients on Letter of Credit practices and regulations.
  

• Prepare and execute Letter of Credit documentation using TI+, Microsoft Word, or ACBS as required.
  

• Manage inquiries, discrepancies, and document resolutions through proactive follow-ups and correspondence with all relevant parties until completion.
  

• Maintain complete and accurate documentation within each LC file, including executed copies, amendments, and compliance checklists.
  

• Ensure timely disbursement of funds and proper recording of transactions in the Bank’s accounting system (ACBS).
  

• Process and verify all related SWIFT messages accurately.
  

Education:

• Minimum: High school diploma or equivalent.
  

• Post-secondary education in Finance, Business, or a related field is an asset.
  

Experience and Technical Skills:

• Minimum 5+ years of hands-on experience in Commercial Letters of Credit and/or Guarantees within Trade Finance.
  

• Strong knowledge of UCP 600, ISP 98, and URDG 758.
  

• Familiarity with regulatory guidelines such as OFAC, sanctions, and anti-boycott compliance.
  

• Working knowledge of SWIFT.
  

• Knowledge of Standby LCs and Syndicated LCs is an asset.
  

• CDCS certification preferred.
  

• Experience with ACBS and TI+ (Trade Innovations) systems an advantage.
  

• Excellent attention to detail
  

• Strong problem-solving ability
  

• Effective written and verbal communication skills
  

• Adaptability and time management
  

• Initiative and accountability
  

• Standard schedule: Monday to Friday, 9:00 AM – 6:00 PM (40-hour workweek, 1-hour lunch).
  

• Flexibility required during peak periods or non-standard hours.
  

• Hybrid work schedule (3 days on-site, 2 days remote).
  

• Calendar/Holidays: Follows U.S. schedule.
  

• Relocation support available.