<p>SummaryÂÂ</p> <p>Â</p> <p>Â</p> <p>Administration of the Bankâs letters of credit portfolio, specifically the issuance, confirmation, and advising Standby/Guarantees and Import/Export letters of credit. Ensuring daily workflow is properly processed and backup for approval and release of transactions. Management of all associated reconciliation issues and management of front office relationship.</p> <p>Â</p> <p>Â</p> <p>Key ResponsibilitiesÂÂ</p> <p>Â</p> <p>Ensure that letter of credit transactions are in conformity with client instructions, UCP Publication 600/ISP98, and the Bankâs credit/ compliance procedures.</p> <p>Â</p> <p>Ensure timely processing of sensitive transactions and report to management any unusual or intricate transactions requiring review, discussion and or approval.</p> <p>Â</p> <p>Provide assistance/support to clients and corporate groups on technical aspects and practices of letters of credit.</p> <p>Â</p> <p>Prepare and execute required letter of credit documents using LCMS, Microsoft Word, or ACBS, as needed.</p> <p>Â</p> <p>Review daily maturity report to ensure action has been taken by Administrators, as applicable, for maturing transactions.</p> <p>Â</p> <p>Approve transactions to record standby/commercial letters of credit activity in ACBS and LCMS, Swift Alliance as required.</p> <p>Â</p> <p>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.</p> <p>Â</p> <p>Ensure amendment notices/confirmations are completed and forwarded to clients or commercial group by the L/C Administrator.</p> <p>Â</p> <p>Coordinate clearing/reconciling of open cash items and daily exceptions reported by the CBO Control Unit for L/C portfolio.</p> <p>Â</p> <p>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.</p> <p>Â</p> <p>Ensure timely disbursement of funds, as required for LC drawings, and record transaction through the Bankâs accounting system (ACBS) for accurate accounting and reporting. Â</p> <p>Â</p> <p>Produce outgoing SWIFT messages for LC transactions and manual wire transfers for payments, as required.</p> <p>Â</p> <p>Â</p> <p>Review past due fee report for LC portfolio to insure accuracy and timely presentation for management reporting</p> <p>Â</p> <p>Management and ReportingÂÂ</p> <p>Â</p> <p>Provide support to and coverage for the DGO Team Leader</p> <p>Â</p> <p>Positions Supervised: None</p> <p>Â</p> <p>Â</p> <p>Â</p> <p>Key Internal contactsÂÂÂ</p> <p>Â</p> <p>Control & Reconciliation team</p> <p>Various IT supports</p> <p>International Trade and Transaction Banking (ITB) Front and Middle Offices</p> <p>Compliance</p> <p>Finance</p> <p>Â</p> <p>Â</p> <p>Key External contacts</p> <p>Â</p> <p>Clients, as required</p> <p>Â</p> <p>Salary Range: $100k - $140k</p> <p>#LI-DNI</p> <p>Â</p> <p>Team player</p> <p>Â</p> <p>Good presentation skills</p> <p>Â</p> <p>Good writing skills</p> <p>Â</p> <p>Good time management skills</p> <p>Â</p> <p>Good and constructive interaction with clients and colleagues</p> <p>Â</p> <p>Â</p> <p>Knowledge of UCP 600/ISP 98/</p> <p>URDG 758</p> <p>Â</p> <p>Examination of all relevant trade finance documents</p> <p>Â</p> <p>Knowledge of all regulatory guidelines i.e. sanctions, OFAC compliance, anti-boycott and others</p> <p>Â</p> <p>Knowledge of SWIFT</p> <p>Â</p> <p>Word/Excel proficiency</p> <p>Â</p> <p>Capacity to develop others</p> <p>Â</p> <p>Capacity to delegate</p> <p>Â</p> <p>Capacity to cooperate / work across discipline</p> <p>Â</p> <p>Capacity to take on board the strategy of Credit Agricole CIB and participate in actions to deliver</p> <p>Â</p> <p>CDCS Certification</p> <p>Â</p> <p>Knowledge of ACBS</p> <p>Â</p> <p>Knowledge of Trade Innovations</p>