CIB US Letters of Credit Transaction Management, Associate - Dallas

CIB US Letters of Credit Transaction Management, Associate - Dallas

CIB US Letters of Credit Transaction Management, Associate - Dallas role at Santander Bank, N.A.

Location:

Dallas, TX, United States of America

Join us at Santander, where you will find opportunities to explore diverse career opportunities and thrive personally and professionally.

The US Letters of Credit Operations Team Lead leads the end-to-end operations for documentary trade. The role reports to the US SCIB GTB PPT. Objectives are to: (1) execute middle office & back office for SBLC and documentary LCs; (2) support the business lines and clients through the issuance and management of LCs portfolio.

Responsible for the day-to-day operations of the company's business units. Aims to deliver superior service to clients by driving and optimizing the effectiveness and efficiency of people, processes and technology, thereby enhancing financial performance, increasing investment capacity, and managing risk. Builds sustainable repeatable capabilities that support delivery of the highest standards of service and execution. Analyzes and reviews data tools, business processes and operational standards to execute service delivery.

Evaluates and ensures that operations meet company objectives, business needs, service agreements and relevant requirements. Researches and monitors external landscape to identify developments and translate them into operational implications for the company.

• Responsible for the efficient and accurate processing of Standby Letters of Credit aligned with UCP
  600 or ISP
  98, in line with Bank policy and procedures.
• Ensure that process controls are performed in accordance with SLA, as well with Bank policy and procedures.
• Liaison between Front Office, Back Office, Clients and other internal stakeholders; answering or channeling questions to ensure timely processing and accurate reporting of trade and GTB products.
• Support the Back Office team on daily trade finance operations in an efficient and effective manner.
• Examine documents (SBLC and commercial letters of credits).
• Ensure compliance with regulatory requirements.
• Monitor SBLCs with automatic extension clause (evergreen LCs).
• Ensure LCs meet internal and external compliance requirements (AML, anti‑boycott) and credit risk policies.
• Ensure LC documents are prepared properly and distributed efficiently.
• Review and execute LC drawdown requests to ensure transactions comply with LC provisions.
• Update and maintain the various databases used to control and report exposures.
• Monitor transactions to identify risks, report risk incidents in a timely manner, and provide or implement mitigation strategies.

• Excellent communication skills (verbal and written).
• Strong organizational and analytical skills with the ability to multi‑task.
• Leadership skills.
• Spanish skills a plus.
• Banking operations experience with knowledge of 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) & industry trade finance systems (e.g., Trade Innovation).

• Organized and rigorous attention to detail with a control‑oriented mindset.
• Ability to drive innovation and continuous improvement in compliance processes.
• Strong quantitative skills; proficient in data management and production of management reports and executive summaries.

Bachelor's Degree or equivalent work experience.

3‑5 years.

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non‑exempt), the annual range is based on a 40‑hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Minimum: $63,750.00 USD

Maximum: $ USD

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