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    MA

    Manufacturers and Traders Trust Co

    Banking

    Letter of Credit Specialist I

    Baltimore, MD, United StatesFull-time3+ yrs experience$22.61 – $37.67 / hourPosted 2w ago
    All Manufacturers and Traders Trust Co jobs

    Job description

    Overview:

    Processes and supports Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank.

    Primary Responsibilities:

    • Process amendments of Commercial and/or Performance/Financial Standby Letters of Credit for customers in a timely and accurate manner.
    • Provide cross-training assistance for less experienced staff; provide management feedback on progress of cross-training efforts.
    • Participate as a member of letter of credit project teams as required.
    • Identify fraudulently presented items through use of International Trade Finance (ITF) policies, procedures and controls.
    • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.  Identify risk-related issues needing escalation to management.
    • Promote an environment that supports belonging and reflects the M&T Bank brand.
    • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
    • Complete other related duties as assigned.

    Scope of Responsibilities:

    Supervisor/Managerial Responsibilities:

    Education and Experience Required:

    High school diploma or equivalent (GED) and a minimum of 3 years’ work experience

    Strong customer service skills

    Strong verbal and written communication skills

    Education and Experience Preferred:

    International Trade Operations experience

    Commercial lending experience

    Knowledge of pertinent Bank systems

    Physical Requirements:

    N/A

    M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $22.61 - $37.67 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

    Location

    Baltimore, Maryland, United States of America

    Job details are sourced from the employer's original posting.

    Open job posting
    MA

    About the company

    Manufacturers and Traders Trust Co

    Manufacturers and Traders Trust Co is a bank holding company that operates as a subsidiary of M&T Bank Corporation.

    View all Manufacturers and Traders Trust Co jobs
    Industry
    Banking
    Open roles
    749

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