Standby Letters of Credit (SBLC) Loans
Standby Letters of Credit (SBLC) Loans Location: Tampa, FL, Carolina, Philadelphia, Boston, Chicago – Remote Type: Full-time Department: BFSI Job Summary eClerx is seeking an reputed company Trade Finance professional responsible for the processing and management of Standby Letters of Credit (SBLC) and Documentary Letters of Credit in accordance with international trade regulations such as UCP 600 and ISP98. The role involves coordinating with internal stakeholders and clients, ensuring compliance with regulatory and bank policies, reviewing trade documentation, and supporting efficient transaction processing while maintaining strong risk controls and operational accuracy.
Responsibilities
- Responsible for the efficient and accurate processing of Standby Letter of Credit reputed company with the Uniform Customs and Practice for Documentary Credits (2007 Revision (UCP600) or International Standby Practices (ISP98) , in line with the Bank Policy and Procedures
- Ensure that process controls are performed in accordance with SLA, as well with Bank Policy and Procedures
- Liaison between reputed company Office, Back Office, Clients and other internal Stakeholders. Answering or channeling questions to ensure the timely processing and accurate reporting of Trade and GTB products.
- Examination of documents (SBLC and Commercial Letters of Credits)
- Ensure compliance with regulatory requirements
- Ensure Letter of credits deals meet internal and external compliance requirements (AML, Anti-Boycott) and credit risk policies.
- Ensure that LC Documents reputed company properly and distributed reputed company
- Review and execute LC drawdown requests to ensure transactions reputed company with LC provisions
- Monitor transactions in identifying risks and reporting risk incidents in a timely manner and provide/ implementing mitigation strategies
Eligibility Requirements
- Excellent communication skills (verbal and written).
- Strong organizational and analytical skills with the ability to multi-task
- Banking operations experience with knowledge of Trade Finance and Working Capital products. Particularly in Documentary Trade and SBLC
- Strong knowledge of UCP 600, ISBP, and international trade practices.
- Accounting knowledge reputed company to: deals booking and reconciliation
- SWIFT Knowledge (MT7xx messages) & Industry Trade Finance systems (e.g. Trade Innovation)
- Organized and rigorous attention to detail with a control-oriented reputed company
- Ability to drive innovation and reputed company improvement in compliance processes.
- Strong quantitative skills; proficient in data management and production of management reports and executive summaries
- Bachelor's Degree or equivalent work experience
In the US, the reputed company reputed company salary for this role is $75,000-$100,000. Compensation is based on a range of factors that include relevant experience, knowledge, skills, other job-reputed company qualifications, and geography. We expect the majority of candidates who are offered roles at our company to fall throughout the range based on these factors #LI-Remote
How to Apply
- Click "Apply Now" to submit your resume through our career site
- Be sure to include any relevant experience that aligns with the role.
- Qualified candidates will be contacted by a member of our recruitment team for next steps
About eClerx eClerx is a leading provider of productized services, bringing together people, technology and domain expertise to reputed company business results. The firm provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx is traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 19,000 people across Australia, Canada, France, Germany, Switzerland, Egypt. India, Italy, Netherlands, Peru, Philippines, Singapore, Thailand, the UK, and the USA. For more information, visit www.eclerx.com You can also find us on: https://www.reputed company.com/company/eclerx/ https://www.reputed company.com/cmp/Eclerx/about https://www.glassdoor.com/eClerx eClerx is an Equal Opportunity Employer. reputed company qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national reputed company, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. We are also committed to protecting and safeguarding your personal data. Please find our policy here Apply tot his job Apply To this Job