Letter of Credit Manager - Amegy Tower/Houston, TX
Company: BankTalent HQ
Location: Houston
Posted on: October 19, 2024
Job Description:
Did you know Zions Bancorporation is one of the nation's premier
financial services companies with total assets exceeding $70
billion? We have local operations and management teams in 11
western states and we are dedicated to making a difference in our
local communities and we haven't forgotten who keeps us in
business, meaning we're committed to the success of our customers,
and our employees! The possibilities are endless - come for a job,
stay for a career! Amegy Bank is a division of Zions
Bancorporation.We are currently looking for a Letter of Credit
Managerto join our team inHouston, TX.Essential Functions:
Manages a staff to ensure the
efficient handling of all trade finance transactions, including
letters of credit, banker's acceptances, documentary collections,
confirmations, discounted banker's acceptances are handled
efficiently and in compliance with regulatory guidelines. Provides
technical assistance and advice to lending officers and trade
specialists in regards to letter of credit activities. Ensures the
proper issuing, amending, and documentation of letters of credit
and related transactions. Ensures that all documentation received
with drafts is reviewed and found to be in accordance with credit
terms before paying or accepting. Maintains excellent relations
with customers, inter-departments, correspondent banks and
government agencies. Actively participates and proactively supports
customers' needs. Contributes consistently for over-all efficiency
and team-work. Demonstrates a willingness to take on responsibility
and to assist others/colleagues to achieve the department's goals
and upholds the bank's name. Structure Letters of Credit;
Counter-Guarantees; Guarantees; Export Letters of Credit; Silent
Confirmations and Discounting. Responsible for training and
supervision of staff.Resolves unusual and complex problems. Works
closely with lending and new business officers to expedite
transactions and assists with problems. Provides for the proper
maintenance of records and files, as well as information pertaining
to rates, fees, activities, etc. Maintains and updates operations
procedures as needed to ensure that procedures align with polices
and to avoid incurring audit exceptions. May function as a point of
contact for control groups including Compliance, Audit, Risk &
Legal. May act as subject matter expert or project lead for
projects including back office system updates. Responsible to train
and mentor staff. Responsible to hire, fire and conduct performance
reviews. Other duties as assigned.Qualifications:Requires a
Bachelor's degree in business, finance or a related field and 4+
years of directly related experience with letter of credit and
advising/confirming Export and Letters of Credit; including 1+
years experience managing letter of credit operations or other
directly related experience. Managerial or supervisory experience
required. A combination of education and experience may meet
requirements.Benefits:
Medical, Dental, and Vision
InsuranceEmployer-paid Life Insurance401(k) plan + generous company
matchingCompetitive compensation commensurate with work experience
(some roles include incentives, mileage + travel time pay, and/or
parking waivers.Paid Time Off (Vacation, Federal Holidays,
Sick)Tuition Reimbursement for qualifying employeesPromotional
opportunities offered from within
Keywords: BankTalent HQ, Baytown , Letter of Credit Manager - Amegy Tower/Houston, TX, Executive , Houston, Texas
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