Crédit Agricole CIB Limited
This range is provided by Crdit Agricole CIB. Your actual pay will be based on your skills and experience talk with your recruiter to learn more.
Base pay range
$90,000.00/yr - $115,000.00/yr Direct message the job poster from Crdit Agricole CIB Summary The Letter of Credit Specialist is responsible for maintaining and processing the Banks letters of credit portfolio, specifically the issuance, confirmation, and advising Standby/Guarantees and Import/Export letters of credit. Key Responsibilities Ensure that letter of credit transactions are in conformity with client instructions, UCP Publication 600/ISP98, and the Banks credit/ compliance procedures. Review Draft Letters of Credit and coordinate any issues with client Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval. Provide assistance/support to clients and corporate groups on technical aspects and practices of letters of credit. Prepare and execute required letter of credit documents using LCMS, Microsoft Word, or ACBS, as needed. Review daily maturity report to ensure action has been taken on applicable, for maturing transactions. Properly record standby/commercial letters of credit activity in ACBS and LCMS, Swift Alliance as required. Monitor pending inquiries, discrepancies and resolution of documents filed, ensure that all items are actively traced via correspondence with respective parties, tickler schedule and actively follow-up until payment is secured and transaction is finalized. Ensure amendment notices/confirmations are completed and forwarded to clients or commercial group by the L/C Administrator. Coordinate clearing/reconciling of open cash items and daily exceptions reported by the CBO Control Unit for L/C portfolio. Ensure that Letters of Credit file contains relevant supporting documentation i.e. copy of executed letter of credit/ amendments and completed compliance checklist, when required. Ensure timely disbursement of funds, as required for LC drawings, and record transaction through the Banks accounting system (ACBS) for accurate accounting and reporting. Ensure SWIFT messages for LC transactions are processed properly. Ensure all documentation for Documentary and Standby Letter of Credits are compliant. Escalate any compliance matters to both Management and Compliance. Review past due fee report for LC portfolio to insure accuracy and timely presentation for management reporting Management and Reporting Key Internal contacts Control & Reconciliation team International Trade and Transaction Banking (ITB) Front and Middle Offices Compliance Finance Key External contacts Clients, as required Experience Minimum of 7 to 10 years commercial and standby letters of credit experience Required Skills Team player Good and constructive interaction with clients and colleagues Knowledge of UCP 600/ISP 98/ URDG 758 Examination of all relevant trade finance documents Knowledge of all regulatory guidelines i.e. sanctions, OFAC compliance, anti-boycott and others Knowledge of SWIFT Technical skills required Capacity to develop others Capacity to delegate Capacity to cooperate / work across discipline Capacity to take on board the strategy of Credit Agricole CIB and participate in actions to deliver CDCS Certification Knowledge of ACBS Knowledge of Trade Innovations Seniority level
Seniority level
Associate Employment type
Employment type
Full-time Job function
Job function
Finance Industries
Banking and Investment Banking Referrals increase your chances of interviewing at Crdit Agricole CIB by 2x Inferred from the description for this job
Medical insurance Vision insurance 401(k) Paid paternity leave Paid maternity leave Child care support Disability insurance Get notified about new Credit Specialist jobs in
New York, NY . New York, NY $130,000.00-$150,000.00 1 week ago New York, NY $120,000.00-$135,000.00 2 weeks ago New York City Metropolitan Area 2 weeks ago New York, NY $110,000.00-$120,000.00 6 days ago New York, NY $90,000.00-$100,000.00 1 week ago Investment Banking Analyst II Private Credit Group (New York)
New York, NY $80,000.00-$110,000.00 1 week ago New York, NY $135,000.00-$175,000.00 1 week ago BALENCIAGA Fall 2025 Financial Analyst Intern | NYC
New York, NY $110,000.00-$120,000.00 2 weeks ago New York, NY $50,000.00-$115,000.00 1 week ago New York City Metropolitan Area $70,000.00-$90,000.00 2 weeks ago Investment Banking Analyst/Associate | FIG (Specialty Finance)
New York, NY $150,000.00-$200,000.00 3 days ago Investment Banking Analyst (Financial Institutions)
New York, NY $110,000.00-$130,000.00 1 week ago New York City Metropolitan Area $30.00-$35.00 1 week ago Private Credit Financing Analyst - C11 - NEW YORK
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Paramus, NJ $85,000.00-$100,000.00 2 weeks ago New York, NY $65,000.00-$85,000.00 1 week ago Credit Analyst U.S. Loan Investing Team
New York, NY $100,000.00-$150,000.00 6 days ago New York, NY $90,000.00-$100,000.00 1 week ago Jersey City, NJ $63,000.00-$75,000.00 3 weeks ago New York, NY $55,000.00-$105,000.00 1 week ago New York, NY $125,000.00-$225,000.00 1 week ago Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
$90,000.00/yr - $115,000.00/yr Direct message the job poster from Crdit Agricole CIB Summary The Letter of Credit Specialist is responsible for maintaining and processing the Banks letters of credit portfolio, specifically the issuance, confirmation, and advising Standby/Guarantees and Import/Export letters of credit. Key Responsibilities Ensure that letter of credit transactions are in conformity with client instructions, UCP Publication 600/ISP98, and the Banks credit/ compliance procedures. Review Draft Letters of Credit and coordinate any issues with client Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval. Provide assistance/support to clients and corporate groups on technical aspects and practices of letters of credit. Prepare and execute required letter of credit documents using LCMS, Microsoft Word, or ACBS, as needed. Review daily maturity report to ensure action has been taken on applicable, for maturing transactions. Properly record standby/commercial letters of credit activity in ACBS and LCMS, Swift Alliance as required. Monitor pending inquiries, discrepancies and resolution of documents filed, ensure that all items are actively traced via correspondence with respective parties, tickler schedule and actively follow-up until payment is secured and transaction is finalized. Ensure amendment notices/confirmations are completed and forwarded to clients or commercial group by the L/C Administrator. Coordinate clearing/reconciling of open cash items and daily exceptions reported by the CBO Control Unit for L/C portfolio. Ensure that Letters of Credit file contains relevant supporting documentation i.e. copy of executed letter of credit/ amendments and completed compliance checklist, when required. Ensure timely disbursement of funds, as required for LC drawings, and record transaction through the Banks accounting system (ACBS) for accurate accounting and reporting. Ensure SWIFT messages for LC transactions are processed properly. Ensure all documentation for Documentary and Standby Letter of Credits are compliant. Escalate any compliance matters to both Management and Compliance. Review past due fee report for LC portfolio to insure accuracy and timely presentation for management reporting Management and Reporting Key Internal contacts Control & Reconciliation team International Trade and Transaction Banking (ITB) Front and Middle Offices Compliance Finance Key External contacts Clients, as required Experience Minimum of 7 to 10 years commercial and standby letters of credit experience Required Skills Team player Good and constructive interaction with clients and colleagues Knowledge of UCP 600/ISP 98/ URDG 758 Examination of all relevant trade finance documents Knowledge of all regulatory guidelines i.e. sanctions, OFAC compliance, anti-boycott and others Knowledge of SWIFT Technical skills required Capacity to develop others Capacity to delegate Capacity to cooperate / work across discipline Capacity to take on board the strategy of Credit Agricole CIB and participate in actions to deliver CDCS Certification Knowledge of ACBS Knowledge of Trade Innovations Seniority level
Seniority level
Associate Employment type
Employment type
Full-time Job function
Job function
Finance Industries
Banking and Investment Banking Referrals increase your chances of interviewing at Crdit Agricole CIB by 2x Inferred from the description for this job
Medical insurance Vision insurance 401(k) Paid paternity leave Paid maternity leave Child care support Disability insurance Get notified about new Credit Specialist jobs in
New York, NY . New York, NY $130,000.00-$150,000.00 1 week ago New York, NY $120,000.00-$135,000.00 2 weeks ago New York City Metropolitan Area 2 weeks ago New York, NY $110,000.00-$120,000.00 6 days ago New York, NY $90,000.00-$100,000.00 1 week ago Investment Banking Analyst II Private Credit Group (New York)
New York, NY $80,000.00-$110,000.00 1 week ago New York, NY $135,000.00-$175,000.00 1 week ago BALENCIAGA Fall 2025 Financial Analyst Intern | NYC
New York, NY $110,000.00-$120,000.00 2 weeks ago New York, NY $50,000.00-$115,000.00 1 week ago New York City Metropolitan Area $70,000.00-$90,000.00 2 weeks ago Investment Banking Analyst/Associate | FIG (Specialty Finance)
New York, NY $150,000.00-$200,000.00 3 days ago Investment Banking Analyst (Financial Institutions)
New York, NY $110,000.00-$130,000.00 1 week ago New York City Metropolitan Area $30.00-$35.00 1 week ago Private Credit Financing Analyst - C11 - NEW YORK
New York, NY $110,000.00-$125,000.00 2 weeks ago Debt & Equity Capital Markets Analyst - NYC
New York, NY $90,000.00-$100,000.00 3 weeks ago Investment Banking Analyst, Private Capital Markets (Equity)
New York, NY $110,000.00-$125,000.00 2 weeks ago Investment Banking - Leveraged Finance - Analyst
Paramus, NJ $85,000.00-$100,000.00 2 weeks ago New York, NY $65,000.00-$85,000.00 1 week ago Credit Analyst U.S. Loan Investing Team
New York, NY $100,000.00-$150,000.00 6 days ago New York, NY $90,000.00-$100,000.00 1 week ago Jersey City, NJ $63,000.00-$75,000.00 3 weeks ago New York, NY $55,000.00-$105,000.00 1 week ago New York, NY $125,000.00-$225,000.00 1 week ago Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr