US Analyst - Letter of Credit Analyst

LETTER OF CREDIT ANALYST

Department:
International Trade & Transaction Banking |

Reports to:

Head of Letter of Credit Operations

The US Analyst program offers an opportunity for recent college graduates interested in finance and corporate/investment banking to actively participate in this fast‑paced and challenging industry. The standard analyst program lasts two years; analysts are hired on an initial one‑year contract. The goal of the program is to develop top candidates into Full‑Time Associate positions at the end of the two‑year period.

We provide our analysts with the tools necessary for professional growth and career advancement.

Process and maintain the bank's letters of credit portfolio, including issuance, confirmation, and advising of standby/guarantees and import/export letters of credit. Ensure compliance with client instructions, UCP 600/ISP
98, and bank policies while supporting clients and internal teams on technical aspects of trade finance.

• Process letter of credit transactions in conformity with client instructions, UCP 600/ISP
  98, and bank credit/compliance procedures.
• Review draft letters of credit and coordinate resolution of issues with clients.
• Prepare and execute letter of credit documents using LCMS, Microsoft Word, and ACBS.
• Record standby/commercial letter of credit activity in ACBS, LCMS, and SWIFT Alliance.
• Monitor daily maturity reports and ensure timely action on maturing transactions.
• Track pending inquiries, discrepancies, and document resolution; follow up until payment is secured.
• Process SWIFT messages for LC transactions and ensure documentation compliance.
• Coordinate clearing and reconciliation of open cash items and daily exceptions with CBO Control Unit.
• Ensure timely disbursement of funds for LC drawings and accurate recording in ACBS.
• Review past‑due fee reports for accuracy and timely management reporting.
• Escalate compliance matters to management and compliance as needed.

• Bachelor's degree (recent graduate).
• Strong knowledge of Microsoft applications.
• Detail‑oriented with strong organizational skills.
• Ability to manage multiple priorities in a fast‑paced environment.
• Must be eligible to work in the U.S. without visa sponsorship now or in the future.
• Familiarity with trade finance or international banking.
• Exposure to banking systems or financial software.

All our jobs are open to people with disabilities. We welcome applications from candidates of all backgrounds and experiences.