Letter of Credit Operations Manager
Company: Trustmark National Bank
Location: Jackson
Posted on: November 25, 2022
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Job Description:
Overview:The purpose of this job is to issue and maintain all of
the Letters of Credit for the entire Trustmark system as well as
assist the International Banking Manager with all processes and
procedures related to International
productsResponsibilities:Cross-train, lead and develop team of
associates to promote maximum productivity, engagement, succession
planning and overall contribution to the strategic organizational
goals.Issue, renew, and amend all types of Letters of Credit in
manual environment.Assist lenders and their support staff with all
matters relating to Letters of Credit.Provide training for new
hires in the position of International /Letter of Credit Specialist
and Sr. International/Letter of Credit Specialist.Perform all
aspects of weekly, monthly and quarterly reconcilements for manual
subsidiaries, BRIDGE Finance, loan system. Prepare all reports for
letters of credit accurately and in a timely manner.Provide backup
for Manager and other staff during vacations and peak
periods.Examine all documents presented for payment under all types
of letters of credit, determine compliance and process
payment.Create and release SWIFT messagesResponsible for day-to-day
coaching, training, cross-training and directing the workflow for
department associatesPerform additional duties as
assigned.Qualifications:Junior college/two-year college
trainingMinimum 15 years of Letter of Credit experienceKnowledge of
foreign currencies and exchange ratesKnowledge of rules and
regulations regarding Letters of Credit and foreign
transactionsKnowledge of commercial loansKnowledge of loan
documentationKnowledge and complete understanding of UCP, ISP98,
URC522, AML, OFACTime management principles to prioritize
workloadStrong math skillsAttention to detail and
accuracyProficient in Excel, Word, Keyboard and calculatorOral and
written communication skillsAutomation and merger experience
preferred.
Keywords: Trustmark National Bank, Jackson , Letter of Credit Operations Manager, Executive , Jackson, Mississippi
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