Letter of Credit Specialist II (Hybrid)
M&T Bank
**Overview:**
Processes and supports intermediate complexity Letter of Credit transactions in adherence to ICC (International Chamber of Commerce) guidelines to minimize risk to the Bank.
**Primary Responsibilities:**
+ Complete issuance's and advisement's of intermediate Commercial and/or Performance/Financial Standby Letters of Credit for customers in a timely and accurate manner.
+ Complete document examinations and transfers of Commercial and/or Performance/Financial Standby Letters of Credit.
+ Interpret legal documentation associated with intermediate letter of credit transactions.
+ Provides cross-training assistance for less experienced staff; provide management feedback on progress of cross-training efforts.
+ Participate as a member of letter of credit project teams as required.
+ Identify fraudulently presented items through use of International Trade Finance (ITF) policies, procedures and controls.
+ Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
+ Promote an environment that supports belonging and reflects the M&T Bank brand.
+ Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
+ Complete other related duties as assigned.
**Scope of Responsibilities:**
**Supervisor/Managerial Responsibilities:**
**Education and Experience Required:**
Bachelor's degree, or in lieu of a degree, a combined minimum of 4 years’ higher education and/or work experience
Detail-oriented
Strong customer service skills
Strong verbal and written communication skills
**Education and Experience Preferred:**
International Trade Operations experience
Commercial lending experience
Knowledge of pertinent Bank systems
**Physical Requirements:**
N/A
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $25.55 - $42.59 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
**Location**
Bridgeport, Connecticut, United States of America
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
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