What are the responsibilities and job description for the Letters of Credit Specialist position at Mission Staffing?
Our client, a well-known international investment bank located in New York, NY, is looking to hire a Letters of Credit Specialist! Responsibilities of this position include preparation and settlement of all letters of credit, reviewing letters of credit to identify any discrepancies, and verifying credit approvals. The ideal candidate will come with at least three years of similar experience for a large financial services firm, knowledge of L/C documentation including UCP600 and ISP98, and exceptional attention to detail. Working knowledge of ACBS is a plus.
Responsibilities Include:
- Preparing and settling standby letters of credit
- Verifying and entering new credit approvals
- Reviewing all issued letters of credit to identify and escalate discrepancies
Requirements:
- At least three years' experience in processing letters of credit for a large financials services firm
- Familiarity with letter of credit documentation including UCP600 and ISP98
- Experience using ACBS is a plus
Salary : $30 - $33