Banco de Credito e Inversiones
Letters of Credit/Loans Temp
Banco de Credito e Inversiones, Miami, Florida, United States, 33131
Job Description
Job Description ABOUT BCIBci provides financial services to individuals and corporation. We focus on being a global leader in innovations and personalized client experience and, with more than 10,500 employees, Bci is recognized as one of the best companies in which to work and develop a career. It is the third largest privately owned bank in Chile and it has more than 300 branch offices throughout Chile and representative offices in other countries. Bci is an Equal Opportunity Employer - All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, age, disability, veteran status, or any other factor determined to be unlawful under applicable law.JOB SUMMARY The Letters of Credit Specialist performs technical, administrative, and bookkeeping duties inherent in the processing of approved Letters of credit, collections, from receipt to entry in the system. Major responsibilities include lines of credit availability, checking terms and conditions, coordinating the processing with operations or commercial departments if needed. DUTIES OF THE POSITION The duties of the position include, but are not limited to, the following:
Letters of Credit functions (OFAC verifications, offerings, issuance, confirmation, advice, processing payments, amendments, discounts, acceptances, reimbursements, investigations, tracers, cancellations and fillings
Letters of Credit documentation– document checker
Documentary Collections- all functions
Customer relations– correspondence
Letter of credit and collections report revision daily
Verify letters of credit applications for accurate terms and rate, appropriate approvals, documents and disclosures, appropriate credit authorization and disbursal amounts
Enter verified application information tickets into the system
Prepare required offering tickets, and general ledger entries
Prepare and distribute Collateralized lending reports
Responsible for NetX 360- Collateralized lending report (daily)
Verify amendment requests, prepares offering tickets when is required and obtains credit authorization when necessary
Control past due drafts, expired letters of credit, and month end duties entries, statistics
Factoring and forfaiting transactions
Assist with inventory of legal documents in custody
Document scanning
Safeguard of LC documents
Prepare customer and agent relations– correspondence
Review daily reports (Icold) of past due loans acceptances, Internal DDA accounts
Assist with calculations and answers branch and customer inquiries
Assist with training as needed
Filing and other organization of information
Must have regular and predictable attendance and work the hours and/or shifts assigned, particularly during regular business hours, to communicate with colleagues, supervisors, and customers with whom interaction is required to accomplish and complete work assignments and meet company goals within established deadlines
Must maintain courteous, professional and effective internal and external working relationships
Must provide timely and appropriate responses to requests for information and/or customer complaints or concerns and provide appropriate follow-up to ensure issues are resolved
Ability to understand, speak (fluently), read and write English and Spanish
Ability to write routine reports and correspondence
Ability to multitask and work under pressure
Effectively speaking before groups of customers or employees
Assume evolving duties and responsibilities of position
Work all hours required to fulfill job duties and responsibilities including weekends, evenings and holidays as needed)
Travel as required
Provide coverage for other positions as requested
Ability to carry and lift boxes and/or other objects that may weigh between 10 and 25 pounds.
Perform additional duties and responsibilities as assigned by management
PRE-HIRE REQUIREMENTS FOR THIS POSITION: COMPUTER: Ability to operate IBM compatible personal computers; fluency with Microsoft Word, Microsoft Excel, Microsoft PowerPoint and Google, working knowledge of SWIFT. Datapro E-IBS is preferred but not required. EDUCATION: Bachelor’s degree or equivalent from four-year College and
EXPERIENCE:
5 – 7 years’ work experience with Letters of Credit
Job Description ABOUT BCIBci provides financial services to individuals and corporation. We focus on being a global leader in innovations and personalized client experience and, with more than 10,500 employees, Bci is recognized as one of the best companies in which to work and develop a career. It is the third largest privately owned bank in Chile and it has more than 300 branch offices throughout Chile and representative offices in other countries. Bci is an Equal Opportunity Employer - All qualified applicants will receive consideration without regard to race, color, religion, gender, national origin, age, disability, veteran status, or any other factor determined to be unlawful under applicable law.JOB SUMMARY The Letters of Credit Specialist performs technical, administrative, and bookkeeping duties inherent in the processing of approved Letters of credit, collections, from receipt to entry in the system. Major responsibilities include lines of credit availability, checking terms and conditions, coordinating the processing with operations or commercial departments if needed. DUTIES OF THE POSITION The duties of the position include, but are not limited to, the following:
Letters of Credit functions (OFAC verifications, offerings, issuance, confirmation, advice, processing payments, amendments, discounts, acceptances, reimbursements, investigations, tracers, cancellations and fillings
Letters of Credit documentation– document checker
Documentary Collections- all functions
Customer relations– correspondence
Letter of credit and collections report revision daily
Verify letters of credit applications for accurate terms and rate, appropriate approvals, documents and disclosures, appropriate credit authorization and disbursal amounts
Enter verified application information tickets into the system
Prepare required offering tickets, and general ledger entries
Prepare and distribute Collateralized lending reports
Responsible for NetX 360- Collateralized lending report (daily)
Verify amendment requests, prepares offering tickets when is required and obtains credit authorization when necessary
Control past due drafts, expired letters of credit, and month end duties entries, statistics
Factoring and forfaiting transactions
Assist with inventory of legal documents in custody
Document scanning
Safeguard of LC documents
Prepare customer and agent relations– correspondence
Review daily reports (Icold) of past due loans acceptances, Internal DDA accounts
Assist with calculations and answers branch and customer inquiries
Assist with training as needed
Filing and other organization of information
Must have regular and predictable attendance and work the hours and/or shifts assigned, particularly during regular business hours, to communicate with colleagues, supervisors, and customers with whom interaction is required to accomplish and complete work assignments and meet company goals within established deadlines
Must maintain courteous, professional and effective internal and external working relationships
Must provide timely and appropriate responses to requests for information and/or customer complaints or concerns and provide appropriate follow-up to ensure issues are resolved
Ability to understand, speak (fluently), read and write English and Spanish
Ability to write routine reports and correspondence
Ability to multitask and work under pressure
Effectively speaking before groups of customers or employees
Assume evolving duties and responsibilities of position
Work all hours required to fulfill job duties and responsibilities including weekends, evenings and holidays as needed)
Travel as required
Provide coverage for other positions as requested
Ability to carry and lift boxes and/or other objects that may weigh between 10 and 25 pounds.
Perform additional duties and responsibilities as assigned by management
PRE-HIRE REQUIREMENTS FOR THIS POSITION: COMPUTER: Ability to operate IBM compatible personal computers; fluency with Microsoft Word, Microsoft Excel, Microsoft PowerPoint and Google, working knowledge of SWIFT. Datapro E-IBS is preferred but not required. EDUCATION: Bachelor’s degree or equivalent from four-year College and
EXPERIENCE:
5 – 7 years’ work experience with Letters of Credit