Letter of Credit Specialist II (Hybrid) - M&T Bank : Job Details

Overview:

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.

Scope of Responsibilities:

Supervisor/Managerial Responsibilities:

Education and Experience Required:

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.

Location

Bridgeport, Connecticut, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.