Standby Letter of Credit, AVP
Core
Support daily back office operations for the Standby Letter of Credit (L/C) section and other Trade Finance products, ensuring accurate processing, compliance, and system integrity.
Role type
Senior IC Trade Finance Operations Manager (Standby L/C)
Builds
Trade Finance products (Standby L/Cs, Commodity Financing) for clients and internal front/middle offices
Domain
Banking / Trade Finance / Supply Chain Financing
Required skills
Standby L/C operations, Trade 360 System, UCP/ISP/URDG/ISBP, OFAC/BSA/AML compliance, workflow management, quality control, staff supervision, audit liaison
Preferred skills
Commodity financing, Project finance, SBLC draft reviews, GPP/BESS/Hotscan systems, International Trade certification
Technologies
Trade 360 System, GPP, BESS, Hotscan Systems
Responsibilities
Monitor and ensure timely issuance of Standby L/Cs and amendments; Verify and release L/Cs, amendments, drawings, and payments in compliance with terms; Supervise workflow assignments and assess team performance; Enforce compliance policies including OFAC/BSA/AML regulations; Respond to audit and comptroller inquiries; Provide technical support and system troubleshooting for US branches; Monitor WIP/Suspense and AR accounts for discrepancies.
Seniority
Senior, hands-on IC with team management responsibilities
