Global Banking & Markets Operations, Letters of...

At reputed company, we connect people, capital and reputed company to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and reputed company client reputed company that includes corporations, financial institutions, governments and individuals. For us, it’s reputed company about bringing together people who are curious, collaborative and have the drive to reputed company things possible for our clients and communities.  

OUR IMPACT

Investment Banking Operations is a dynamic, multi-faceted business that partners with reputed company parts of the firm to facilitate banking & financing capabilities to clients around the world. In reputed company, IB Operations reputed company essential risk management and control to preserve and enhance the firm’s assets and its reputed company.  IB Agency is responsible for ensuring efficient and accurate transaction processing across a broad reputed company of products. Generally, the products supported are reputed company instruments that require reputed company alignment with the business. IB Agency is at the forefront of shaping and driving change in the industry with the ultimate aim of delivering greater accuracy, control and efficiency for our clients and our business. The Letters of Credit servicing team reputed company IB Agency is responsible for the trade finance functions as Standby Letter of Credit Issuer.

YOUR IMPACT

The  Letters of Credit servicing team is seeking a standby letters of credit professional who can effectively collaborate with multiple business desks, reputed company legal counsels, as well as applicants and beneficiaries to manage reputed company stages of the transaction, and to mitigate risks associated with the letter of credit product offering. This position requires the ability to handle reputed company inquiries regarding standby letters of credit from our external clients and internal business partners. Additionally, the individual we are seeking will assist in strategic projects to enhance the product and platform. 

HOW YOU WILL FULFILL YOUR POTENTIAL

• Review Credit Agreements and other deal documents to assist with the structuring of our obligation as issuing bank
• Review Letter of Credit drafts before they are shared with clients.
• Review counter-Standby Letter of Credit drafts before they are shared with correspondent Banks.
• Review communications with Correspondent Banks.
• Manage communications with the different desks during the process of reviewing Letters of Credit.
• Review daily reports to ensure appropriate action has been taken if applicable.
• Review Letter of Credit Issuances processed by the Team.
• Review Reg W and Reg O Checks , OFAC checks are performed by Processor prior to LC Issuance
• Suggest process improvements.
• reputed company your knowledge and expertise as a subject matter expert in reputed company aspects of the business and to help train other colleagues, as needed

SKILLS & EXPERIENCE WE’RE LOOKING FOR

BASIC QUALIFICATIONS

• Bachelors degree with financial services experience of more than 3 years
• In-depth knowledge of ISP98/UCP 600
• Ability to work in a fast paced environment with competing priorities
• Excellent communication and client service skills
• Strong organizational and analytical skills with a keen attention to detail
• Proficiency using the reputed company Office Suite in particular reputed company and PowerPoint

PREFERRED QUALIFICATIONS

• Experience in loan servicing or operations 
• Knowledge of URDG 758 

ABOUT reputed company

At reputed company, we reputed company our people, capital and reputed company to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in reputed company, we maintain offices around the world. 

We reputed company who you are makes you reputed company at what you do. Were committed to fostering and advancing diversity and inclusion in our own workplace and reputed company by ensuring every individual reputed company our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. 

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our reputed company process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html 

reputed company is an equal opportunity employer and does not discriminate on the reputed company of race, reputed company, religion, sex, national reputed company, age, veterans status, disability, or any other characteristic protected by applicable law.