CIB US Letters of Credit Transaction Management, Associate - Dallas

CIB US Letters of Credit Transaction Management, Associate - Dallas

Join the CIB US Letters of Credit Transaction Management, Associate - Dallas role at Santander
. This position offers an opportunity to enrich your career in a global financial services environment focused on learning, growth, and collaboration with colleagues worldwide.

The US Letters of Credit Operations Team Leader leads end‑to‑end operations for Documentary Trade, reports to the US SCIB GTB PPT, and drives the execution of Middle Office & Back Office for SBLC and Documentary LCs. The role supports business lines and clients through issuance and management of an LC portfolio.

Responsible for day‑to‑day operations of the company’s business units, delivering superior service to clients by optimizing people, processes, and technology. Builds repeatable capabilities that support the highest standards of service and execution, analyzes business processes and operational standards, ensures compliance with company objectives and business needs, and monitors external developments.

• Efficiently and accurately process Standby Letters of Credit in line with UCP
  600 or ISP
  98 and the Bank Policy and Procedures.
• Ensure process controls comply with SLA and bank policies.
• Liaise between Front Office, Back Office, Clients, and other stakeholders to timely process and report Trade and GTB products.
• Support daily Trade Finance operations efficiently.
• Examine documents (SBLC and Commercial LCs) and ensure compliance with regulatory requirements.
• Monitor SBLCs with automatic extension clauses and evergreen LCs.
• Ensure LC deals meet internal and external compliance requirements (AML, Anti‑Boycott) and credit risk policies.
• Prepare and distribute LC documents efficiently.
• Execute LC drawdown requests in compliance with LC provisions.
• Maintain databases controlling and reporting exposures.
• Identify risks, report incidents, and implement mitigation strategies.

• Excellent verbal and written communication skills.
• Strong organizational, analytical, and multitasking abilities.
• Leadership skills.
• Spanish language skills a plus.
• Banking operations experience in Trade Finance and Working Capital products, particularly in Documentary Trade and SBLC.
• Strong knowledge of UCP 600, ISBP, and international trade practices.
• Accounting knowledge related to deal booking and reconciliation.
• SWIFT knowledge (MT7xx messages) and Industry Trade Finance systems (e.g., Trade Innovation).

• Organized, detail‑oriented, control‑oriented mindset.
• Innovative mindset, continuous improvement in compliance processes.
• Strong quantitative skills; proficient in data management and executive reporting.

Education: Bachelor’s Degree or equivalent work experience.

Work Experience: 3‑5 years.

Base Pay Range: $63,750.00 – $ USD.

Benefits link:
Santander Benefits - 2025 Santander OnGoing/NH EGuide.

We embrace a strong risk culture and expect all professionals to take a proactive and responsible approach to risk management.

EEO Statement: At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Frequent minimal physical effort such as sitting, standing, and walking is required. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

This job description does not list all duties. Supervisors may assign additional duties. The employer reserves the right to revise this job description at any time. This job description is not a contract for employment; either party may terminate at any time for any reason.

If this role interests you, please apply. We are committed to an inclusive and accessible application process. If you require assistance or accommodation due to a disability or any other reason, contact: TAOps.

Mid‑Senior level

Full‑time

Administrative, Finance, and Information Technology