Bridgeport, CT, 06608, USA
3 days ago
Letter of Credit Specialist II (Hybrid)
**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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