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.
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.LocationBridgeport, Connecticut, United States of AmericaSimilar Jobs
What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
