Letter of Credit Officer jobs in Pennsylvania

Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Letter of Credit Analyst
  • PNC
  • Pittsburgh, PA FULL_TIME
  • Position Overview

    At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success.

    As an Letter of Credit Analyst within PNC's International Trade Product Delivery Group, training will be provided in the downtown Pittsburgh, Pennsylvania location for six months and then you will work two weeks in the office and two weeks remotely.

    Position provides successful candidates the opportunity to use reading, writing, comprehension, drafting, editing, and proof reading skills to prepare stand by letters of credit for corporate clients within a fast paced work environment.

    Position requires the ability to read long technical banking agreements and decipher how to adjust the appropriate client information, documentation and issuing steps as you professionally represent the bank in writing.

    Your detail orientation, follow-up skills and ability to meet deadlines is very important due to strict client deadlines and potential compliance concerns. Candidates with strong communication skills who enjoy working with clients, understand how to interpret the gray and know when to escalate issues are preferred.

    -3 years of bank operations experience.
    -Familiarity around standby letters of credit is a plus.

    Job Description

    • Utilizes international trade-specific procedures, rules, guidelines and regulations. Evaluates and executes basic to moderate transactions. May approve international trade services transactions and processes. May have specific responsibility for one or multiple specialized products or functional areas.
    • Processes basic to moderate trade transactions of varying risk and financial value in accordance with procedures, rules, guidelines and regulations. Identify exceptions and may address escalated items under supervision. Interacts with internal and external stakeholders in completing transactions.
    • Administers trade compliance program against all trade transactions and escalates as necessary in order to mitigate bank risk.
    • Provides responses and documentation to inquiries and ad hoc requests for basic to moderate international trade products.
    • Verifies work processes to ensure completeness, accuracy and conformance to established service levels and applicable policies and procedures. May review reports to process transactions.

    PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

    • Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
    • Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

    Qualifications

    Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

    Preferred Skills

    Accountability, Customer Needs, Customer Solutions, Ensure Compliance, Process Improvements, Results-Oriented, Risk Mitigation Strategies, Standard Operating Procedure (SOP), Taking Initiative

    Competencies

    Accuracy and Attention to Detail, Decision Making and Critical Thinking, Effective Communications, Flexibility and Adaptability, Managing Multiple Priorities, Operational Functions, Problem Management Process, Products and Services, Standard Operating Procedures

    Work Experience

    Roles at this level typically require an Associates or equivalent degree as well as related experience or product knowledge to accomplish primary duties. Typically requires 3 years experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

    Education

    Bachelors (Required)

    Certifications

    No Required Certification(s)

    Licenses

    No Required License(s)

    Benefits

    PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.

    In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

    To learn more about these and other programs, including benefits for full time and part-time employees, visit pncbenefits.com > New to PNC.

    *For more information, please click on the following links:

    Time Away from Work

    PNC Full-Time Benefits Summary

    PNC Part-Time Benefits Summary

    Disability Accommodations Statement

    If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.com. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses.  Applicants may also call 877-968-7762 and say "Workday" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.


    At PNC we foster an inclusive and accessible workplace.  We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

    Equal Employment Opportunity (EEO)


    PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

    California Residents

    Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices.

  • 4 Days Ago

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Letter of Credit & Specialty Coordinator
  • Northwest Bank
  • Erie, PA FULL_TIME
  • Job SummaryThis individual will be responsible for supporting all functional activities of the Letter of Credit portfolios for Commercial and Small Business Lending across the Northwest Bank footprint...
  • Just Posted

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Letter of Credit & Specialty Coordinator
  • Northwest Bank
  • Warren, PA FULL_TIME
  • Job SummaryThis individual will be responsible for supporting all functional activities of the Letter of Credit portfolios for Commercial and Small Business Lending across the Northwest Bank footprint...
  • 10 Days Ago

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Letter of Credit Billing Support Analyst
  • PNC
  • Pittsburgh, PA FULL_TIME
  • Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work to...
  • 12 Days Ago

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EFG Senior Credit Officer
  • First Commonwealth Bank
  • Berwyn, PA FULL_TIME
  • Job DescriptionAs a Senior Credit Officer with the Equipment Finance Group, you provide Credit Support Services for equipment finance business lines and assists in the on-going management of credit ri...
  • 7 Days Ago

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Chief Credit Officer
  • Jooble
  • Philadelphia, PA FULL_TIME
  • We are promoting this job opportunity as provided by a third party, the employer. In case of your interest in this job opportunity and for more details please click on "Apply" button below, which will...
  • 12 Days Ago

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Sr Counsel - Commercial
  • UGI Corporation
  • King Of Prussia, PA
  • Requisition Number: 24103 UGI Corporation (NYSE: UGI) is a holding company that distributes and markets energy products ...
  • 6/12/2024 12:00:00 AM

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Senior Land Analyst
  • Dream Finders Homes
  • Palm Bay, FL
  • SUMMARY OF POSITION: The primary role of the Land Finance Analyst is to assist the Land and Executive Management teams i...
  • 6/12/2024 12:00:00 AM

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Billing & Order Entry Specialist with German (Relocate)
  • Johnson Controls International
  • Prague, Hlavni Mesto Praha
  • Are you interested in gaining international work experience? Then Johnson Controls could have the perfect opportunity fo...
  • 6/12/2024 12:00:00 AM

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Medical Technologist
  • Veterans Health Administration
  • Louisville, KY
  • Summary This position is eligible for the Education Debt Reduction Program (EDRP), a student loan payment reimbursement ...
  • 6/12/2024 12:00:00 AM

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Accounts Receivable Chargebacks
  • Tempositions, Inc.
  • Hauppauge, NY
  • Description Our client a large consumer product company is seeking an accounts receivable chargebacks associate. The com...
  • 6/10/2024 12:00:00 AM

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Accounting Analyst
  • Kelly Services
  • Kansas City, MO
  • Job details Accounting Analyst Location: Kansas City, MO Pay Rate: $34/hour Schedule: Part Time 20 hours per week Contra...
  • 6/10/2024 12:00:00 AM

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Accounting Analyst
  • Hiring Now!
  • Kansas City, MO
  • If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub. A...
  • 6/8/2024 12:00:00 AM

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Accounts Receivable Chargebacks - OrderID: 3914
  • AcctPositions
  • Hauppauge, NY
  • Our client a large consumer product company is seeking an accounts receivable chargebacks associate. The company offers ...
  • 6/7/2024 12:00:00 AM

Pennsylvania (/ˌpɛnsɪlˈveɪniə/ (listen) PEN-sil-VAY-nee-ə), officially the Commonwealth of Pennsylvania, is a state located in the northeastern and Mid-Atlantic regions of the United States. The Appalachian Mountains run through its middle. The Commonwealth is bordered by Delaware to the southeast, Maryland to the south, West Virginia to the southwest, Ohio to the west, Lake Erie and the Canadian province of Ontario to the northwest, New York to the north, and New Jersey to the east. Pennsylvania is the 33rd-largest state by area, and the 6th-most populous state according to the most recent of...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$51,487 to $85,308

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