Letter Of Credit Technician

Poste et missions

The salary range for this position will be between $95,000 - $125,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance.

• Issuance of all types of Letters of Credit including confirming, advising including through the Swift Alliance system.
• Amend existing Letters of Credit upon request
• Confirm and advise export Letters of Credit
• Complete the examination and negotiation of documents that have been presented
• Execute wire payments
• Process the fee collection and reconciliation of participation Letters of Credit and investigate when necessary
• Issue fronting Letters of Credit on behalf of a bank group in syndicated transactions
• Fulfill Doc Collections (URC522) as requested
• Close monitoring of all applicable Natixis bank accounts, including house accounts and individual customer DDA accounts to ensure proper account balances at all times.
• Daily Reconciliation of all USD and foreign currency activity. Items left open in Corona must be properly labeled with owner’s name, detailed comments, label date and clearance date (if known). Past-Due Exception Reports to be monitored.
• Maintain strong working relationship with Collateral Team on uncommitted transactions to ensure quick processing times and unified front to Client.
• Review & respond to all Front Office and Customer email inquiries.
• Dialogue with Front Office, Supervisor, and any other Teams as necessary / elevation of problematic situations.
• Review Daily work of outsource work provided by Broadridge when necessary.

Profil et compétences requises