Job description




Business type




Types of Jobs - Operations




Job title




US Analyst - Letter of Credit Analyst




Contract type




Fixed-Term Contract




Term (in months)




24




Expected start date




27/07/2026




Management position




No




Job summary




LETTER OF CREDIT ANALYST




Department: International Trade & Transaction Banking | Reports to: Head of Letter of Credit Operations




US ANALYST PROGRAM




The US Analyst program offers an opportunity for recent college graduates interested in finance and corporate/investment banking to actively participate in this fast-paced and challenging industry. The standard analyst program is two years, with analysts hired on an initial one-year contract. The goal of the analyst program is to develop top candidates into Full-Time Associate positions at the end of the two year period. We provide our analysts with the tools necessary for professional growth and career advancement.




ROLE SUMMARY




Process and maintain the Bank's letters of credit portfolio, including issuance, confirmation, and advising of Standby/Guarantees and Import/Export letters of credit. Ensure compliance with client instructions, UCP 600/ISP98, and Bank policies while supporting clients and internal teams on technical aspects of trade finance.




KEY RESPONSIBILITIES

• Process letter of credit transactions in conformity with client instructions, UCP 600/ISP98, and Bank credit/compliance procedures


• Review draft letters of credit and coordinate resolution of issues with clients


• Prepare and execute letter of credit documents using LCMS, Microsoft Word, and ACBS


• Record standby/commercial letter of credit activity in ACBS, LCMS, and SWIFT Alliance


• Monitor daily maturity reports and ensure timely action on maturing transactions


• Track pending inquiries, discrepancies, and document resolution; follow up until payment is secured


• Process SWIFT messages for LC transactions and ensure documentation compliance


• Coordinate clearing and reconciliation of open cash items and daily exceptions with CBO Control Unit


• Ensure timely disbursement of funds for LC drawings and accurate recording in ACBS


• Review past due fee reports for accuracy and timely management reporting


• Escalate compliance matters to Management and Compliance as needed

KEY CONTACTS




Internal: Control & Reconciliation, IT Support, ITB Front/Middle Offices, Compliance, Finance




External: Clients




Position location




Geographical area




America, United States Of America




City




NEW YORK




Candidate criteria




Minimal education level




Bachelor Degree / BSc Degree or equivalent




Level of minimal experience




0-2 years




Experience




REQUIREMENTS




Essential:

• Bachelor's degree (recent graduate)


• Strong knowledge of Microsoft applications


• Detail-oriented with strong organizational skills


• Ability to manage multiple priorities in a fast-paced environment


• Must be eligible to work in the US without visa sponsorship now or in the future

Desirable:

• Familiarity with trade finance or international banking
  
  
  Exposure to banking systems or financial software

Languages




English